The forex market is affected by the macroeconomic data, not by microeconomic data. What is macroeconomic data? Raising of the interest rate in a country, the unemployment rate of a country and political conflicts within the country. On the other hand, microeconomic data are the balance reports of the very large company in the country, a large business deal which a large company is about to execute and has executed, and more.
The microeconomic data does not interest the forex market and does not affected it. In other words, the forex market is affected by a very large-scale and international events. The forex market is comprises of: Currency and commodities. Today, some brokers also allow trading of indices, futures contract and certain stocks.
At the same time, all the strategies and technical analyses that you will learn here are relevant for currencies as well as for commodities.
alternativetrade.info 