Micro Business

Fundamental and technical analysis on the stock exchange rates

Written By: - Apr• 19•16

Forex market analysis is a point of reference for both beginners and for those who enter into a thousandth of a deal. Without Forex analysis is impossible to imagine how the market and exchange rates. Typically, experienced players are two types of financial analysis: fundamental (economic) and technical analysis.

Fundamental Forex Analysis https://freshforex.com/analitics/fresh-forecast/fa/

It is an account of economic indicators that affect the currency rates and precious metals on the stock exchange. These indicators, there is very large number. For their analysis is required every day to handle very large amounts of information, which is often beyond the power of the common man. The most effective fundamental analysis of forex is based on sifting unnecessary information and account only those factors that affect the current situation.

Important Information Regarding the state of the world economy as a whole. These include reports of major financial institutions (such as central banks of countries, the International Monetary Fund, and so on).

Particular attention should be paid to the state and development of the economy of those countries that are the leading issuers in the world, the results of the various summits and meetings between the heads of states.

Indicators of Economic Development of the major countries are in the public domain. The presence of depressive indicators in them, as a rule, talking about reducing the rate of the national currency.

Prices for precious metals (gold, silver) and oil are also key factors influencing the changes in the economy.

Forex Technical Analysis

Forex Fundamental analysis is considered difficult forecasting tool, since so many indicators need to be considered simultaneously. Therefore, a more popular method of analysts is a technical method.

With it, you can see the dynamics of the euro dollar forexhttps://freshforex.com/analitics/fresh-forecast/ rate with graphs for different periods of time. The graphs clearly visible trend line of forex euro dollar forecast, support and correction.

Experienced traders spend forecasts for this method as follows:

The use of wave analysis. the wave graphics trader determines where the price of a currency pair: correction or support line. In addition, you need to determine what is the wave of the account, what type (simple, compound). So it is clear, at which point we should expect a trend reversal.

The use of currency pairs charts. The detailed review of pricing models monetary instruments, allowed to stand the trend movement of the trend in the future.

The use of special indicators and oscillators – programs corrective strategy and allows us to see to what extent it is true.

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