Why is fundamental analysis necessary for traders?

[Latham]

To implement our goal quickly and effectively, we should more and more focus on fundamental analysis. Fundamental and objective analysis serve us with better market forecast. FXOpulence provides more than 400 technical tools to traders for better market analysis.

 

[FXOpen Trader]

To implement our goal quickly and effectively, we should more and more focus on fundamental analysis. Fundamental and objective analysis serve us with better market forecast. FXOpulence provides more than 400 technical tools to traders for better market analysis.

We must be using such types of Fundamental analysis that is easy to understand and use by us in the global markets.

 

[Polakandil]

Usually, traders use fundamental analysis for the long term, while technical analysis is used more for the short term. Studying fundamental analysis is important because economic news often has an impact on currencies.

 

[skrimon]

To implement our goal quickly and effectively, we should more and more focus on fundamental analysis. Fundamental and objective analysis serve us with better market forecast. FXOpulence provides more than 400 technical tools to traders for better market analysis.

Absolutely agree on the importance of fundamental analysis for effective trading. It's key for accurate market forecasts. Excited to explore the 400+ technical tools at FXOpulence for a more insightful market analysis.

 

[VasilTodorov]

you can't put fundamental analysis away and you must check it for a general insight of market

 

[borzy]

Fundamental analysis shines in long-term trading due to its focus on forecasting the trajectory of companies or economies rather than exploiting short-term market inefficiencies. Its strength lies in understanding gradual shifts, such as the impact of changes in money supply on inflation, which manifests over time rather than instantaneously. Attempting to correlate short-term fluctuations in money supply with immediate changes in inflation reveals no discernible connection, highlighting the importance of taking a long-term perspective in fundamental analysis.

 

[Lee.me]

You will need it to make informed decisions on any pair or asset.

 

[Fin_Trader]

It is very important to pay attention to fundamental data when trading forex. After all, some serious event can easily reverse any trend and your orders will instantly become unprofitable. Therefore, in my trading I use both technical and fundamental analysis for the correct making of trading decisions and timely exit from transactions.