Why CPI Affects The Forex Market
The CPI which, stands for consumer price index, is a leading indicator of a countries’ economic health, in essence it is the inflation or deflation of an economy which examines the weighted average of prices of a basket of consumer goods and services, such as transportation, food and medical care. The strength or weakness of a currency is closely linked to the interest rate on the currency and the CPI of its specific country.Forex Fundamentals Made Easy
We established that in every trading plan the fundamentals of currencies should take the primary seat and we use technicals as a co-driver to boost our probability model. In the following article we are going to show a way to keep on top of the Fundamental analysis and use it in your trading in essence we are going to show you fundamentals made easy.Why We Should Take Notice Of Fundamentals When Trading Forex
We should take notice of fundamentals when trading Forex because it is the underlying factor of why a currencies are heading in a specific direction. When all technicals point to a direction but price moves the other way, we can be sure that it is a fundamental factor.Fundamental Analysis Vs Technical Analysis
Fundamental analysis vs. technical analysis is a subject that most analysts who want to teach you how to trade avoid because their narrative is to teach you technicals and see your charts full of indicators so you get more confused as to what to look for.How Beginners Can Start Making Money Through Forex
If you are in need of a business to invest your money to get profit, I recommend Forex trading. Learn more inside my article.