As we all know, there are three primary techniques to trade the Forex market. They are Technical Analysis, Fundamental Analysis, and Sentimental Analysis. Technical Analysis is one of the most prominent ways of trading the market, which involves using Technical Indicators, Price Action Techniques, etc. However, Fundamental analysis is one of the most underrated techniques to gauge the currency price movement.
Therefore, at Forex Academy, we have put forward a series of Fundamental Indicators that we believe strongly impact the Forex price charts. We have clearly explained the importance of each of these indicators and pictographically showed the relative impact of the indicator’s news release on the Forex currency pairs.
This guide will help you navigate through these indicators in the easiest way possible. The order of these indicators implies their relative importance. As the list goes down, the importance of the indicators deteriorates.
Labor Force Participation Rate
GDP From Public Administration
Social Security Rate For Employees
Social Security Rate For Companies
Gross Domestic Product Estimate
Personal Consumption Expenditures Price Index
German Ifo Business Climate Index
Economy Watchers Current Index
US TIC Net Long-Term Transactions
This list is all you need, to master the fundamental indicators and how they affect the Forex price movements. If you have any questions, please let us know in the comments below. Cheers!
