Fundamental analysis is one of the most powerful tools in forex trading, focusing on evaluating the underlying economic factors that affect the value of a currency. By analyzing economic, political, and social events, fundamental analysis helps traders understand the broader market trends and make informed predictions about currency movements.

In today’s age when news is at our finger tips and investors can move large amounts of money from one asset to another in a flash, we as a trader need to be aware of such events to take benefit by making profitable trades.

Using Fundamental analysis together with Technical analysis traders can identify entry and exit points for trades.