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.
14 - 18 October |
weekly
forecast 14 - 18
October | ||
2019 | EURUSD | GBPUSD | USDJPY |
17 October | EURUSD trading plan: Negative macroeconomic statistics from the United States will have a positive impact on the value of the Euro. U.S. retail sales unexpectedly posted the first decline in seven months - value of overall sales fell 0.3% in September. Sales in the “control group” subset, which som | GBPUSD trading plan: The British currency has shown a strong bullish rally in the last five trading days. Investors opened long positions on expectations of the signing of the BREXIT, agreement between the United Kingdom and the European Union. There are some uncertainties since there is a lot to g | USDJPY trading plan: The bullish rally in the stock markets will have a positive impact on the value of the currency pair USDJPY. The Federal Reserve is pursuing a stimulating monetary policy, which is a positive factor for stock markets. Lower interest rates and the purchase of short-term bonds wi |
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14 October |