Fundamental analysis is a method of evaluating what is happening on the market right now and might happen in the future on the basis of external events and factors. For the currency market, such factors are news, economic and financial statistics, meetings of global Central banks, and speeches delivered by their representatives. Fundamental approach allows to analyze both short- and long-term perspectives.
EURUSD slowed down its rising correction and is waiting for the news.
GBPUSD is reaching stability on Tuesday after rising the day before.
The situation in EURUSD hasn’t significantly changed by Monday; the Euro remains weak.
EURUSD remains weak and may fall even lower.
GBPUSD is trying to correct on Thursday but the COVID-19 pandemic and Brexit put too much pressure.
On Thursday, EURUSD retreated to its two-month lows and may fall even deeper.
AUDUSD is quickly retreating and getting close to its 45-day lows.
EURUSD fell significantly last night and still remains under pressure.