As it was mentioned earlier, the prediction of market behavior is based on two main branches of analysis – fundamental and technical.
In our previous lectures we looked at technical analysis and now it’s time to get acquainted with the basics of the fundamental analysis.
A few indicators of the economy actively affect the course of movement of currencies.
The other indicators do not have a direct, immediate impact on this movement; they are more important to economists and other markets.
They indirectly confirm (or refute) the supposed or known trends in the economy which cannot otherwise be determined on the Forex market and therefore they are simply absorbed by the market in its usual fluctuations.
Fundamental analysis examines the economic situations in certain countries and the world in general and their influence on each other.
It looks at many different reasons and economic indicators, both sudden and reported well in advance by various governmental, non-governmental and academic organizations from influential countries.
Read more of SuperForex’s Online Lecture Fundamental Analysis of the Foreign Exchange Market here.
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