Fundamental Analysis studies the overall state of an economy or investment product. This type of analysis focuses on a broader area than technical analysis. Where technical analysis analyzes trends, fundamental analysis delves deeper into qualitative aspects. This discipline analyzes related economic, financial and other quantitative factors that can influence any given financial instrument. Also, fundamental analysis looks into economic health and macroeconomic factors as well. For example, a fundamentalist will look into the overall economy or industry conditions before forming an opinion.
In any given day, there are many announcements which will impact world financial markets including the Forex Market. It is important to be familiar with schedules and timings of world events and news.
However, an online trader should learn which news is important and which will sway their own trading style and instruments traded.
View the economic calendar to see upcoming economic events.
Find more information on economic indicators.