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: Good and bad news for the Euro. A bullish rally in the precious metals market may support the European currency as the Euro and gold correlate with each other. The Federal Reserve cut rates by a quarter percent point for three months back to back in 2019, before bringing that e
GBPUSD trading plan: We are expecting a downtrend to develop. Negative macroeconomic statistics from the UK signal a decline in the value of the British currency. U.K. retail sales disappointed again in December dropping 0.6%. November sales were also revised down to a drop of 0.8% from an original
USDJPY trading plan: A bullish rally in stock markets will have a positive impact on the value of USDJPY. Positive macroeconomic statistics from the United States are forcing investors to increase their positions in the stock market. The Federal Reserve said on Friday that manufacturing production