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: We are expecting an uptrend to develop. The bullish rally in the commodity market will have a positive impact on the value of the European currency. Russian Direct Investment Fund’s chief executive told CNBC overnight that his country and Saudi Arabia are “very, ver
GBPUSD trading plan: Good and bad news for the British currency. The good news is a bullish rally in the oil market, as the British currency is correlated with “black gold”. No one is interested in low oil prices. Russia and Saudi Arabia are “very, very close” to an agreemen
USDJPY trading plan: The United States, Italy and Spain reported declining case figures COVID-19. South Korea’s KOSPI gained 1.69% as Samsung Electronics announced a first-quarter profit of around $5.2 billion, slightly above forecasts. Neighboring Japan’s Nikkei 225 gained 2% as Prime