Forex Fundamental analysis

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.


The Pound continues falling. Overview for 13.05.2021

GBPUSD plummeted yesterday after the United Kingdom published some statistics and is still retreating.

The “greenback” recovered losses. Overview for 13.05.2021

EURUSD plunged on Thursday; the “greenback” managed to recover some of its losses.

The Pound is slightly correcting. Overview for 12.05.2021

GBPUSD is falling after finishing its rally, the statistics turned out to be rather mixed.

The Euro is ready to correct. Overview for 12.05.2021

EURUSD is correcting and moving away from its 3-month highs.

The Pound skyrocketed to its local high. Overview for 11.05.2021

GBPUSD has reached the highest level since February 25th and is looking quite confident.

EURUSD continues consolidating. Overview for 11.05.2021

EURUSD is steadily trading close to its 10-week highs and waiting for the news.

EURUSD took a break in growing. Overview for 10.05.2021

EURUSD is consolidating after reaching its 10-week highs.

The Pound remained indifferent. Overview for 07.05.2021

GBPUSD barely responded to the results of another BoE meeting.