In the process of tracking the values of the fundamental analysis of economic indicators is to make the two main types of solutions:
1. Decision on whether to invest in the long-term currency particular state.
2. The decision to enter into transactions on the basis of news reports.
For more details about the process of whipping an indicator for market conditions is possible by studying books on fundamental analysis. As a rule, every economic indicator influences the Forex currency exchange on both sides. First - the impact on the demand and supply for a particular currency, which in turn determines the nature of long-term investment. The second - the impact on the expectations and attitudes of the major market participants, which in turn determines the tactics of trading based on news reports.
Analyze the fundamentals in making decisions on transactions to the following factors:
1. Which measures the rate and with the help of a method of doing it. Be sure to take into account the basic data on which the calculation procedure is to what level of variability (volatility) of the market is the result, in which units will be calculated indicator. At the end of the analysis should compare this value with the figures of previous periods in the dynamics for a number of months, years, etc.
2. It is essential to define the class indicator. Indicator in relation to the cycle of the economy, it may be lagging, or coincident jump the gun.
3. Of key importance in conducting fundamental analysis is time-to information on a particular index and frequency.
4. You should also pay attention to the number of publications indicator. Some of them are published, for example, once a month, and on the other there are approximate, preliminary and revised reports, in turn influencing the expectations and market sentiment.
5. Should also pay attention to the range of fluctuations in economic performance over time, we can not overlook their minimum and maximum values.
6. Need to monitor the relationship between fundamentals and their impact on each other. Particular attention should be paid to the values that provide the most critical effect.
Using the above algorithm can be trained to work with the fundamentals and compare them with the behavior of the graph changes in exchange rates. At the initial stage, it is not recommended to trade, try to just observe what is happening so far, until you see a clear connection between the movement of the market and the fundamental changes.