The financial well-being of a currency trader depends on a whole complex of factors, the main of which, in our opinion, is its ability to adequately and comprehensively analyze the situation on the Forex market.
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In the circle of experienced players in this market, it is customary to distinguish between several main types of analysis, but we will dwell in more detail on one of them, namely, fundamental analysis. The latter is an in-depth study of the political and economic situation in countries whose national currencies are traded within the framework of the Forex trading platform. In the review of AvaTrade you will get the a decent idea for the same.
- It is not a secret to anyone that the position of political and economic affairs in a particular country has a direct impact on its financial sphere, in particular, the rate of the national monetary unit. In the event that the latter is traded on the Forex market, a comprehensive analysis of the life of the state or their group is of particular relevance to the trader. These are the functions that fundamental analysis is called upon to perform.
- Information concerning the economic development and political