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.
21.05.2019
On Tuesday afternoon, the major currency pair is trading downwards; the USD is attacking again.
20.05.2019
The major currency pair is neutral at the beginning of another May week; it is barely moving in anticipation of new catalysts.
17.05.2019
On Friday morning, the major currency pair reached stability. Once again, it is attempting to fix and grow.
16.05.2019
On Thursday afternoon, the major currency pair is rising a bit; potential risks are not too high, but they are still here.
16.05.2019
AUDUSD remains weak; the pair is still trading downwards.
15.05.2019
On Wednesday morning, AUDUSD is falling and testing the levels it last reached on January 3rd 2019.
15.05.2019
Last night, the major currency pair was trading downwards. However, this morning it is trying to regain its positions.
14.05.2019
GBPUSD is sliding downwards; the mid-term downtrend is getting stronger.