2.Fundamentalny analysis
Fundamental analysis - a way to assess the situation on financial markets. This type of analysis to predict the development of the market, based on the political, financial, monetary and economic situation in the world.
Fundamental analysis involves the collection, study and comparison of different news from the economic as well as the political sphere of individual states and the international community as a whole. The difficulty lies in the fact that influence the currency market may even be news, which at first glance does not affect the economic status of any country. But this happens rarely, so the prediction of the market through fundamental analysis, you should pay most attention to the news coming from other financial markets, information about the state of the economies of the major world powers, the interest rates of state banks. Special effects on exchange rates have news from the commodity market, especially the change in energy prices.
Fundamental analysis - the most sophisticated way of predicting market movements. The fact that the market impact of the same events is not unique, a lot depends on the general terms and conditions in the market. It is important to understand the relationship between various financial instruments and know how to build a logical chain of cause and effect.
There are no clear rules on how it should analyze the news and what actions should be taken in a particular case, no. It all depends largely on the experience and analytical abilities of the trader.
