Can't understand fundamental analysis

Trading Discussion
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Please am having problems understanding fundamental and sentimental analysis in currency markets. Please I need a fundamental analysis website to check currency values against each others and relationship to each others in trading. How to read it and also were to find market sentimental and news release and how to understand it.
Any help will be highly appreciated

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This seems to be a good start - A trader’s guide to currency pair correlations in the forex market -
How to Trade Currency Pair Correlations in Forex | IG UK.

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@Michaeldawn123

Try reading Currency trading and intermarket analysis by Ashraf Laidi. But be warned your probably going down a highly intellectual route that will reap very few rewards for the time spent learning.

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Generally, i’d look for central bank rate decisions, gdp, cpi, employment indicators and fomc meetings.

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You can check Fx street for good fundamental analysis. It provides the latest analysis and is quite helpful.

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To get well versed with the forex trading environment, you need to analyze the economic, social, and political factors that play an effective role in determining the currency prices. One such way to determine it is through the forces of demand and supply.

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I also did not understand the essence of these analyzes and the algorithms of their work for a long time. Now, with experience, I already quite often use them without problems.

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Doesn’t sound worth the time then no? :open_mouth:

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Agree.

Fundemental analysis, let’s be honest, is boring as hell. Sitting down with a bunch of statistics and reports really isn’t my idea of a good time. I’ve scrupoulously avoided it all my trading life and I’m doing fine. If it interests you go for it - I take my hat off to you and I’m sure there’s a million quotes from Warren Buffet saying how great is is. But life’s too short… We’re traders - we “use the force” in a way that investors will never quite understand from underneath their dusty crates of files…

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It’s OK for Buffet, he’s what? 92 years old? Hell, I might not make it to 50! OK, I’ll shut-up now… :rofl: