Books on fundamental analysis of the stock and currency markets
One of the choices that a novice trader has to make is choosing the market analysis option that is most effective for work.
This is quite difficult to do since technical and fundamental analysis have approximately the same number of supporters.
At the same time, there is quite a lot of literature on technical analysis and at the same time it is much more difficult to find books on fundamental analysis; for some reason, the authors do not particularly like to describe this particular option for studying the market.
Although, in my personal opinion, a forecast based on news and the current economic situation has a much greater chance of success.
And the basic principles used in fundamental analysis are much easier to understand than to delve into the intricacies of technical analysis.
Fundamental analysis of financial markets - a book written by a domestic author, so perhaps it will be more understandable to Russian-speaking readers.The author tried to describe the factors influencing exchange rates and securities, and also told what sources should be used when making trend forecasts.
In addition, in the textbook you will find a definition of the concept of price cyclicality and a description of the application of this feature in practice.
Not the least place is given to macroeconomic indicators, because they play a decisive role in the formation of exchange rates and securities.
You can download the book - https://time-forex.com/knigi/analiz-fin-rynkov
Fundamental Analysis of World Foreign Exchange Markets is a book dedicated exclusively to the application of analysis in the foreign exchange market.
From it you will learn why you need to take into account news and events when trading on exchanges, and what else affects exchange rates.
Get acquainted with such concepts as interest rates, exchange rates and monetary inflation.
An interesting point is the story of how psychological influence can change the weight of an event in economics or politics.
The page of this book on fundamental analysis is https://time-forex.com/knigi/fundamentalnyj-analiz
In addition to the above-mentioned books on our website, there are others on this topic, but for variety, I would like to draw the readers’ attention to the section on fundamental analysis - https://time-forex.com/fundamental
There are also interesting, and most importantly, free courses on fundamental market analysis and news analysis from the Alpari broker, you will learn about them on his website in the “Training” section .