TOP DOWN ANALYSIS DIRECTIONAL

Analysing from the Macro point of view. Because the large fframe controls the smaller time frames

Macro economic indicator,

Top-down analysis in forex refers to the process of analyzing the currency markets from a macro perspective
first, before moving on to the micro level. This can be done by examining the major economic indicators,
events, and trends that affect currency movements at the global level. Some of the factors that traders may
consider during top-down analysis of forex markets include macroeconomic indicators such as gross domestic
product (GDP), inflation rate, unemployment rate, and balance of trade