Fundamental analysis in Forex allows to analyze various messages rendered by global events. The major goal of the fundamental Forex analysis is to determine which events can influence international exchange rates. News about stock trading and large market‐makers, international exchange rates of central banks, economic policy of governments, changes in national political life as well as various rumors and expectations matter for this type of Forex analysis.
Fundamental analysis is one of the most complicated and at the same time crucial types of the live Forex analysis. Success of the Forex fundamental analysis lays in determination of a clear mutual relation between two national currencies. For that purpose, one needs to understand how relations between those two states develop, know history of currency exchange rates, be able to forecast a total result and find a relation between events seeming to be completely untied at the first sight.
30 December 2019 - 03 January 2020 |
weekly
forecast 30 December 2019 - 03 January 2020
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2019 - 2020 | EURUSD | GBPUSD | USDJPY |
03 January | EURUSD trading plan: We are expecting an uptrend to develop. A bullish rally in the gold market will have a positive impact on the value of the Euro. Gold prices rose to their highest in more than three months. The precious metal has risen some 2% against the dollar since the Christmas break. Globa | GBPUSD trading plan: Good and bad news for the British currency. British factory output fell in December at the fastest rate since July 2012. The output gauge in the IHS Markit/CIPS UK Manufacturing Purchasing Managers' Index fell to 45.6 from 49.1 in November. Readings below 50 denote contraction. | USDJPY trading plan: U.S. President Donald Trump said on Tuesday the U.S.-China Phase 1 trade deal would be signed on Jan. 15 at the White House. This is a good signal for the stock market and USD JPY, which has a correlation with the shares. Additional support for stock markets will be provided by |
02 January |