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.
AUDUSD is falling on Tuesday; investors are clearly ready to intensify this decline.
EURUSD has been trading indistinctly for the second trading session in a row in anticipation of new drivers.
Early in another April week, EURUSD is a little bit retreating; investors are waiting for new catalysts.
At the end of the week, the major currency pair is declining; the market is cautious.
On Thursday, the major currency pair is growing; investors are optimistic.
On Thursday morning, the USDJPY pair is declining, preserving the correctional impulse.
It took EURUSD three days to recover stably, and now the pair is consolidating, ready to continue growing.
On Tuesday, AUDUSD stopped after growing steadily for two days.