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Thread: How to use Fundamental Analysis in your Trading

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    Moderator cool user Resolve's Avatar
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    Lightbulb How to use Fundamental Analysis in your Trading

    How to use Fundamental Analysis in your Trading

    Hello traders,

    Here I would explain you about the the advantages and benefits of fundamental analysis in Forex trading and how to make use of the fundamental analysis in doing your Forex trading.

    first of all you need to understand that fundamental analysis relates to the the fundamentals of the currencies of the various countries and as you must be aware that is currency e of a country expect to to another currency of another country so the relative fundamental aspects of the currency pair come into play when any news comes from any of these two countries which are included in that currency pair.

    For EXAMPLE : EURUSD

    In the currency pair of EURUSD you can see that it contains currencies from 2 two different countries the first is the the euro which is actually the currency of not just one country but group of countries who have embraced the Euro as a common currency model. then you see United States dollar which is the currency of The United States of America.

    So any news that comes out of the countries which are the part of the Europe group will have an effect on the currency pair of EURUSD.

    In the same way if any news comes out from the United States of America then that news have an effect on the currency pair EURUSD

    What is Fundamental Analysis?

    There are many factors which actually determine the the movement of the currency pair and one of the major and strong factors is the fundamental news and the analysis that is based on that fundamental news is known as fundamental analysis.






    Last edited by Resolve; 05-21-2020 at 11:04 AM.

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