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Fundamental Analysis in Trading: A Beginner’s Guide

Trading in financial markets involves analyzing assets to determine their potential future value. While technical analysis focuses on price movements and patterns, fundamental analysis examines economic, financial, and qualitative factors to identify an asset’s true worth. This guide explores the core aspects of fundamental analysis and how traders can use it effectively. What is Fundamental …

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Daily Market Analysis 24.05.2022: GOLD

Instrument: GOLD Technical Analysis Bullish Preference:  Buy position is envisaged if price trades above 1859.92 with take profit at  1862.80 Bearish Preference: Sell position is envisaged if price trades below 1850.56 with take profit at 1847.86 Fundamentals:No Major Fundamental Comment: Gold prices are attempting to close a four-day advance with XAU/USD rallying alongside equities today. The recovery off downtrend support is now …

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Daily Market Analysis 23/09/2021: USDCAD

Instrument: USDCAD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1.27097 with take profit at 1.27229. Bearish Preference: Sell position is envisaged if price trades below 1.26473 with take profit at 1.26258. Fundamentals:1:30pm CAD Core Retail Sales m/m Retail Sales m/m USD Unemployment Claims2:45PM USD Flash Manufacturing PMI Flash Services PMI Comment: USD/CAD appears to be …

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Daily Market Analysis 10/06/2021: GOLD

Instrument: GOLD Technical Analysis Bullish Preference: Buy position is envisaged if price trades above 1886.33 with take profit at 1889.32. Bearish Preference: Sell position is envisaged if price trades below 1875.49 with take profit at 1872.00. Fundamentals:USD   1:30PM    CPI m/m           1:30PM   Core CPI m/m      1:30PM   Unemployment Claims Comment: The yellow …

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Daily Market Analysis 13|04|2020: USDCAD

Intraday: Bearish * Technical Analysis * Preference: A sell trade is envisaged if price trades below 1.39193 with take  profit at 1.38943 * Alternative scenario: A buy trade is envisaged  if price trades above 1.39548 with take  profit at 1.39997 * Fundamentals:No major economic data with direct bearing on the currency pair Comment: The pair is envisaged to break to the downside …

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