How do you approach Fundamental Analysis in Forex?
Hi everyone,I’m new to the idea of fundamental trading and I honestly have no clear idea where to begin. I usually focus more on technicals, but I keep hearing that fundamentals (like news, economic data, interest rates, etc.) are just as important.
Can you share how you personally use fundamental analysis in your trading?
Do you follow certain news/events?Which indicators (like GDP, CPI, interest rates, NFP, etc.) matter most to you?How do you combine fundamentals with technical analysis?I’d love to hear your experiences or tips on how a beginner can start learning and applying fundamental analysis in real trading.
To approach Forex fundamental analysis, you must analyze a country's economic health by monitoring factors like GDP, inflation, interest rates, trade balances, and employment data, while also considering geopolitical stability and market sentiment. Compare economic conditions between the two countries in a currency pair to identify which one appears stronger and use a top-down or bottom-up approach to determine long-term trends for potential trades.
