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.
16.09.2022
EURUSD is consolidating near the parity level, waiting for news.
15.09.2022
AUDUSD keeps declining in a downward channel.
15.09.2022
EURUSD remains vulnerable due to statistics and risk avoidance.
14.09.2022
GBPUSD capitulated again under the dollar’s advance.
14.09.2022
EURUSD is again below the parity.
13.09.2022
GBPUSD grew to the high of two weeks while the dollar is weak.
13.09.2022
EURUSD remains in an impulse of growth thanks to the position of the ECB.
12.09.2022
GBPUSD keeps the ascending impulse in force, but whether it will be enough is a big question.