yes,fundamental news will be little confusing,you cant figure out how much the news will have impact,so i feel that we should not have fundamental as primary one.
the impact can be less or high than the predicted one.
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I also dont know your mention strategy but i think its not hard to trade depending on news actually and if anyone find hard then they may atleast uptodate from news which is really help us to understand of that particular currencies economic situation . anyway with technical if we mixed this news then its really better.
fundamental analysis aur technical analysis- dono ki apni importance hoti hai aur dono aopni tarah se market ko effect karte hai..lekin jaha tak maien notice kiya hai, us hisab se fundamentals ke aage technicals fail ho jate hai..so i think fundamental studies are more powerful then technical studies
now America and Europe are in a state of economic crisis ...
which should have both the Euro and the USD weakened ...
I'm confused, why USD participate weakened against the euro ... anyone can explain ...
I think USD is weekened due to continuously increasing unemployment rate and the debts on US economy are really great.But its the same situation all over the world and the world's economy is in worst condition.So a wave of optimism takes the currency up and than again it comes down due to continuous bad economy reports.
in the past, i used to be a technical trader, but time after time, i followed fundamental more, i fount its easier to learn fundamental since we dont have too look many indicator in the screen, and market movement is dominantly from fundamental news
I also start forex depending on technical and also spend many time to understand to indicator but after few time i understood the impact of news and now trying more depending on news . actually where there is no news and if news far then depending technical analysis and entering market.