What is Fundamental Analysis?

Especially economic and political data, examination of macro size countries and make market analysis accordingly it is very important for investors to trade at financial markets.

We should know what the fundamental analysis is for a successful trade, what is the technical analysis, what is the analysis method and how to interpret the market.

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The main methods of analysis are divided into two.

1. Fundamental analysis.
2. Technical Analysis.

In fundamental analysis; The effects of the countries on the market are interpreted by interpreting the information such as economic and political developments.

In the technical analysis; the effects of the prices in the past dates on the prices in the future dates are statistically calculated and comments are made on the graphs.

We can say that it is the basic analysis of one of the basic building blocks of the Forex market. To do this analysis it is necessary to follow the daily Economic Calendar.

The European Region, Japan, the UK, and China are the leaders of the top countries in marketing. 

Explanations and data from Turkey to deal with TL-based transactions should also be followed 
importantly.

If we want to be successful on the Forex market, we need to follow the following data at the most.

- Non-farm payroll data

- Growth figures

- Unemployment rate

- Interest rate decisions

- Inflation figures

- Housing sales

- Product Price Indexs/Consumer Price Indexs

- Speeches of the Presidents of the Central Bank

- FOMC members' notifications, FOMC minutes

- Consumer confidence

Other than the above, political events, terrorism, elections, disasters and the like can also cause rapid movements.

For example; On 30 October, the USD / TL price, which was closed from 2,91, was opened from 2.82 after the November 1 Turkish elections and contracted to 2.75 levels at the same dates.

Another example is the fall of the Malaysian plane on July 17, 2014. The fall of the Hrabove village of the Donetsk Oblast of Ukraine in the past has resulted in the loss of life of 298 people. Due to the impact of the extraordinary situation and the global risks, the gold has exhibited a rapid rise. XAUUSD, which watched at 1300 ounces, moved into 1323 in the second after the news, causing a significant volatility in the market.

Extraordinary events such as terrorist incidents, disasters, and accidents are unpredictable, but the data contained in the economic calendar can be estimated based on statistics. For this reason, it should be monitored continuously.

However, no economic data is sufficient for accurate analysis alone. The data can vary depending on many factors.This issue needs to be followed with great care. The most accurate method of analysis is to make technical and fundamental analysis together. 

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