Common Forex Terms/Terminology 3: Fundamental Analysis: Forex fundamental analysis refers to the basic economic and political factors that influence the exchange rate of a country's currency. It is also one of the important factors for analyzing and predicting currency trends in forex trading. Forex fundamental analysis includes elements such as economic data, central bank interest rate changes, political factors, geopolitical risks, etc. These factors can impact the supply and demand relationship and the value of a country's currency, thereby affecting the exchange rate of that currency in the forex market. Therefore, understanding forex fundamental analysis can help investors better predict currency trends and make more informed trading decisions. Bullish: Refers to the market perceiving an event or news as having a positive impact on the currency exchange rate, leading to increased demand for the currency and an upward movement in the exchange rate. Bearish: Refers to the market perceiving an event or news as having a negative impact on the currency exchange rate, leading to decreased demand for the currency and a downward movement in the exchange rate. Market Opening: Refers to the time when financial trading markets start trading each day, marking the beginning of a trading day. Market Closing: Refers to the time when financial trading markets end trading each day, marking the end of a trading day. After the market closes, buyers and sellers cannot engage in further trading, and the closing price for the day is determined.