Fundamental analysis

Discussion in 'Forex - Currencies Forums' started by radex78, Oct 2, 2015.

  1. radex78

    radex78 Senior Investor

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    In forex trading there are many trader they use fundamental analysis to analize the market and as trigger decision to making entry point, fundamental analysis as trader they use news economy data which also as indicator economy on certain country and maybe influenced on the currency, sometime trader use calendar economy to look news on the day trading.
     
  2. radex78

    radex78 Senior Investor

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    Today already released news Trade balance which this news measure difference in value between imported and exported goods and services during the reported month, actual data was released with value -48.3b, while forecast value is -47.6b, if value actual data bigger than forecast it will good for currency but what happen is actual data smallest than forecasting data and we can see in american session pair gbpusd seems will uptrend on hourly timeframe.
     
  3. radex78

    radex78 Senior Investor

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    Unemployment claim already released, from actual data 263k and forecast 274k, this news measure he number of individuals who filed for unemployment insurance for the first time during the past week actual smallest than forecast will good for currency, maybe because this reason on newyork session occur bearish candle on hourly timeframe.
     
  4. radex78

    radex78 Senior Investor

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    Today market pair eurjpy occur large movement, in daily timeframe this pair figure out bullish candle with long body occur, maybe news for euro causing this pair move not like as usual, because I see on pair eurusd also occur large movement which daily timeframe also figure out bullish candle with long body, seems on this weekend major pair has high movement also like as in gbpjpy and audusd.
     
  5. radex78

    radex78 Senior Investor

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    News calendar economy today will released news for usd currency, there are news about core retail sales, price retail sales and retail sales, this news included as high impact news for currency

    Core retail sales measure change in the total value of sales at the retail level, excluding automobiles
    Price Retail Index measure change in the price of finished goods and services sold by producers
    Retail sales measure change in the total value of sales at the retail level
     
  6. radex78

    radex78 Senior Investor

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    After news PPI and also core PPI and unemployment change on newyork session market hence it giving little impact to usd currency, because actual data giving positive impact to currency hence make usd strength to some rival, like as on gbpusd occur bearish candle on hourly timeframe after news has been released, but seem impact news only short impact because after few minute these pair being rebound again in low movement.
     
  7. radex78

    radex78 Senior Investor

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    ISM manufacturing PMI is included in high impact news this news measure level of a diffusion index based on surveyed purchasing managers in the manufacturing industry if actual data more than forecast this usually will good for currency, It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy
     
  8. radex78

    radex78 Senior Investor

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    Today news about unemployment claim for usd that measure the number of individuals who filed for unemployment insurance for the first time during the past week, actual data on 276k while forecast on 263k it's mean actual data more than forecast, and according indicator economy, if actual data less than forecast it will good for currency, but look on actual data more than forecast, should usd will weaken to rival currency, but in fact now gbpusd on bearish pattern which mean usd strengthened to poundsterling, indicator economy not always true but still important to learned.
     
  9. radex78

    radex78 Senior Investor

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    China's property developers are facing a funding conundrum. That great ball money that rolled into the onshore bond market earlier this year is rolling out again. Good news for shares -- the Shanghai Stock Exchange Property Index has rallied 7.3 percent this month -- but it's going to make raising funds in the domestic debt market more difficult.
    News that initial public offerings will resume after a five-month freeze had immediate impact. The yield on 10-year sovereign notes climbed the most in two years Monday as investors began the switch out of debt and into equities. And rates on five-year, top-rated corporate securities jumped to 3.84 percent, the highest in two weeks.
    source bloomberg
     
    Last edited by a moderator: Jul 8, 2016
  10. Onionman

    Onionman Senior Investor

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    I get the impression that most forex traders will use fundamental analysis for underlying longer-term trends but will tend to trade on news flow and technical analysis. I think they are more sensitive to short-term "noise" than a lot of investment people who have a true fundamental bias.
     

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