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.
19 - 23 Maio |
weekly
forecast 19 - 23
Maio Euro The euro traded slightly lower against the background data on the Eurozone trade balance. Eurozone trade surplus was seasonally adjusted and rose less than was expected in March - up to € 15, 2 billion to € 15 billion in February, while the projected increase to € 17, 3 billion in exports a |
12 - 16 Maio |
weekly
forecast 12 - 16
Maio Euro The technical picture supports prospects for further pair reduction the course of which still shows a considerable overbought on main timeframes. The pair wave structure demonstrates the completion of the previous cycle and reverses the upward movement of the single European currency to |
05 - 09 Maio |
weekly
forecast 05 - 09
Maio Euro News on the Eurozone economy that was published last Friday, carried some positive information. Purchasing Managers' Index (PMI) for the manufacturing countries in the bloc announced that the activity increase in the sector continues to gain strength. The April Markit report showed PMI estim |
28 Abril - 02 Maio |
weekly
forecast 28 Abril - 02
Maio Euro This week will be full with the macroeconomic data. This week main event is the Fed monetary policy statement. The eurozone sentiment data which is expected this week will probably show an improved confidence among both consumers and business representatives. Traditionally we expect Non Farm |
21 - 25 Abril |
weekly
forecast 21 - 25
Abril Euro From a technical point of view we should expect the EUR/USD growth. The signal to enter the market can become the resistance levels 1.3824, 1.3846 and 1.3867 breakdown as well as the falling to a broken level 1.3700. The main target for the growth is the maximum 1.3905. We do not expe |