The macroeconomic indicators allow traders of the forex market to know the economic health status of a country. Thus, to anticipate the fluctuations of the currency. They are published at regular intervals by private or public study organizations. These indicators are used by traders who love fundamental analysis.
In the world of trading, there are numerous strategies and techniques for forecasting the markets. One of the most used and known is undoubtedly that of Fibonacci. It is based on the numerical series discovered by the Italian mathematician of the same name. Fibonacci trading allows for identifying areas where price tensions could occur and could provoke a new strong market push or a strong rebound.