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.
The major currency pair intends to keep its positive momentum; investors don’t “like” the “greenback”.
The major currency pair retreated a little bit and intends to wait for the news.
USDJPY is falling within a mid-term sideways range.
EURUSD is trading within a rising channel and trying to keep its positive momentum.
EURUSD may continue forming its rising impulse.
EURUSD remains stable in anticipation of Powell’s comments.
USDJPY has been growing for the third consecutive trading session.
EURUSD is hanging in the air while anticipating the results of the first day of the Jackson Hole symposium.