The use of economic data to analyse the forex market is known as fundamental analysis. This is one of the most straightforward methods of increasing your account balance in the foreign exchange market. Unfortunately, this is one of the quickest ways for many traders to blow their accounts in this industry. To profit from fundamental analysis, you must first understand the various types of news announcements that are due on any given day or week, depending on the situation. Fundamental analysis factors can be divided into four categories: central bank actions, economic announcements, geopolitical and seasonal tensions. These four factors influence fundamental analysis.