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.
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.
13.05.2014
The Euro “bears” received support from an unexpected place - Germany.
13.05.2014
On Tuesday evening the main currency pair only deepens in its sales, and it is directly related to the statistics.
12.05.2014
Draghi managed to "derail" the Eurodollar, saying on Thursday that next month the ECB may start taking stimulus measures if the inflation will once again be negative.
12.05.2014
This Monday afternoon the main currency pair is attempting recovery, but no compelling reason for this can be seen.
08.05.2014
ECB takes the floor. Most likely, the regulator will leave its monetary policy unchanged.
07.05.2014
A drop in the USD / JPY pair was observed for the fourth day in a row, with impressive sales figures – the yen had a positive reaction to the BoJ minutes of the meeting in April.
06.05.2014
Extremely strong European PMI data helped the Eurodollar to resume growth.