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.
EURUSD trading plan: Positive macroeconomic statistics from China will have a positive impact on the value of the Euro. The industrial output climbed 6.3% from 12 months earlier, compared to the expected 5.2%. Fixed-asset investment for the first half of this year rose 5.8% from 12 months earlier
GBPUSD trading plan: Investment funds increase sales of the British currency. CFTC reports signal the maximum sales of the British currency over the past ten months. Boris Johnson has pledged to leave the EU with or without a deal on Oct. 31. High political risks force investors to sell British ass
USDJPY trading plan: Bullish rally in the U.S. stock market will have a positive impact on the value of USD JPY. The S&P 500 posted 63 new 52-week highs and NASDAQ Composite recorded 72 new highs. Investment funds are increasing their long positions on corporate shares as they expect the Federal Re