Introduction to Fundamental Analysis...

[Joe Hoover]

There are two basic types of analysis widely used by financial analyst: fundamental analysis and technical analysis. In fundamental analysis, we basically try to determine the price of a currency by analyzing the fundamentals of it, the core element on which price is dependent. The basic fundamentals of a currency are a nation’s government policy, socio_economic environment, political environment, its relationship with global economy, etc. fundamentalists try to predict the price by analyzing trends in the market.

[binaryowner]

Fundamental analysis help trader to foresee and determine the development in the price trends of currencies, based on which, he attempts to predict market changes and make profits. I do this with autochartist which is provided for free by HFM, for example, if I can't struggle to find trading pattern