I would like to speak in this article about some important idea in forex industries
Do you think really about all the analysis in the market that all of us use it
Let s say the truth what we have
I know some traders use the technical analysis no more
And some others just use the fundamental
And we have more analysis like ASTRO TRADING , numerical trading
It s a lot of analysis and what we should do with all ??
For me, I would like to present you about the fundamental analysis
I personally follow 4 central banks in detail
- FED (USD).
- ECB (EUR).
- BoJ (JPY) .
- BoE (GBP).
Central banks monitor the following five economic areas:
I) Growth. Referring to whether an economy is expanding or contracting. On the economic calendar, there are several indicators on the health of the economy such as (not a complete list):