Fundamental Analysis for Swing Traders
Fundamental analysis for swing traders asks one question before a trade you will hold for days: does the economy behind each currency support the side you take? Forex Fundamentals answers it for the ten major currencies with a Bias each, and for each pair it trades with a Call. Each is read again when the data behind it changes, so you see when the case for a trade you hold weakens.
| Currency | Score | Bias | Confidence |
|---|---|---|---|
 AUD | +6 | Bullish | Moderate |
 USD | +3 | Slight Bullish | High |
 GBP | 0 | Neutral | Moderate |
 EUR | −2 | Mixed | Low |
 CHF | −4 | Slight Bearish | Moderate |
 JPY | −7 | Bearish | High |
Two currencies, one pair
A swing trade is a bet on one currency against another, for long enough that their economies count. So the board reads both:
- each currency’s Bias, from Strong Bullish to Strong Bearish, with its Confidence and its Score over the last 30 days;
- the desk’s Call on the pair, Buy, Sell or Range, with the reasons, heaviest first;
- how the market is positioned, from the CFTC’s weekly report;
- what would refute the Call, and when the desk will know.
While you hold the trade
A trade held for a week meets a week of releases. The economic calendar lists them with their Impact, and the Sunday Week Ahead email sets out the week before it starts.
When the desk changes a Bias or a Call on a pair you follow, an alert tells you what changed. Record the trade as a Position and it keeps the Call that was in force when you opened it.
How the desk works
Every Bias, Score and Call comes from the same routine.
It reads the sources: central banks, statistics offices and the CFTC’s positioning report.
It scores each of the ten currencies Factor by Factor; the Score adds them up.
It gives each currency a Bias with a Confidence, and each pair it trades a Call: Buy, Sell or Range.
It writes down why, and what would change the call.
It reads a call again when the data behind it changes: a release, a central-bank decision, a shift in positioning.
It is research, not a signal service: entry, size and exit stay yours.
Questions
How often does the Bias change?
Not on a timer. A Bias is read again when the data behind it changes: a release, a central-bank decision, a shift in positioning. Most days most Biases hold.
My chart already shows the trend. Why read the fundamentals?
They answer a different question. The chart shows where price has gone and where to get in; the fundamentals show which side the economy is on while you hold.
Is the Call a trade signal?
No. It says which side the fundamentals favour and how firmly the desk holds that view. When to enter, how much to risk and where to exit stay your decisions.
Forex Fundamentals is research, not investment advice: entry, size and exit stay yours. Trading foreign exchange carries risk.