Fundamental analysis is a method of evaluating what is happening on the market right now and might happen in the future on the basis of external events and factors. For the currency market, such factors are news, economic and financial statistics, meetings of global Central banks, and speeches delivered by their representatives. Fundamental approach allows to analyze both short- and long-term perspectives.
To draw conclusions based on fundamental analysis, it is desirable for a trader to understand the economic and political situation and be able to analyze the news of the financial market. This will help to predict price fluctuations with a high probability. Adherents of fundamental analysis follow the news of financial markets and find connections between them, after which they change the trading strategy in the necessary direction. There is also an easier way to apply fundamental analysis - to follow the forecasts from specialists. On this page, you can see the forecasts made by RoboForex experts using fundamental analysis.
19.05.2014
The European Parliament elections are approaching, voting will begin on Thursday, but the official results will be announced only with the closing of the last polling station on Sunday evening.
19.05.2014
The main currency pair started the week with trading with a slight increase, but it will hardly manage to develop momentum today.
16.05.2014
On Thursday an impressive block of data on the United States was published.
16.05.2014
In the relatively quite external background on Friday the main currency pair found some of the support, which it was lacking in order to stabilize - it is possible that today the instrument will be able to slightly strengthen.
15.05.2014
The economic recovery of the euro zone is slowing. The preliminary data on the pan-European GDP for the first quarter shows very weak growth of just 0.2% (with expectations of 0.4%).
15.05.2014
The main currency pair has not found support from this morning’s statistics and continues to fall: after breaking through 1.3760 it will continue to 1.3645, if no other drivers are introduced.
14.05.2014
A relatively quiet news background allowed the Eurodollar to go into a correction.
14.05.2014
On Wednesday afternoon the main currency pair continues its attempts to rebound, which, however, are not yet very productive - but the "bulls" do not want to give up.