What is Fundamental analysis?
It is one of the second branch of market analysis for binary option trading. Fundamental analysis involves the method which is highly focused on economic statistics, market news and the overall economic climate to predict the future orientations of the exchange rate of the different assets.
Best example, 2008 Crisis was an excellent opportunity to stake downwards on the main publicly-traded companies, especially the banks, Public sectors companies and investment funds.
On a smaller scale, dozens of economic indicators are published daily as signal providers and News website like thestreet, marketwatch, etc. For example: NEWS such as the unemployment rate in a country, Tech Companies going for IPO,etc. All these economic figures, news, trends, are available in economic calendars available online on the internet and all of the information are delivered to our inbox as newsletter, NEWSFEED(Facebook),Twitter(tweets), etc.
List of Best promising Sources and Events for Fundamental Analysis:
- Markets and Industries
- Natural Events
- GDP – Gross Domestic Product
- Interest Rates
- Retail Sales
Tutorial for Fundamental Analysis:
Difference Between Fundamental Analysis and Technical Analysis
Infographic from Inlineforex