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.
11 - 15 March |
weekly
forecast 11 - 15
March | ||
2019 | EURUSD | GBPUSD | USDJPY |
15 March | EURUSD trading plan: Investors received a new portion of negative macroeconomic statistics from the United States. The Commerce Department said on Thursday new home sales declined 6.9 percent to a seasonally adjusted annual rate of 607,000 units. Expensive lumber as well as land and labor shortages | GBPUSD trading plan: U.K. voted in favor of requesting a delay to Brexit beyond March 29 by a vote of 412 to 202. EU leaders will be meeting on March 21 to discuss whether to grant the U.K. an extension to Brexit. Investors expected this outcome. This event is taken into account in the current quot | USDJPY trading plan: The trend in the US stock market will have a strong impact on the course of trading. The S&P index recorded 36 new 52-week highs and no new low. Bullish rally on the stock market will have a positive impact on USDJPY. The Japanese yen is the funding currency in carry trade oper |
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