Usually, brokers have to buy an economic calendar as an additional service or to make it with their own recourses. It involves a lot of extra time and significant financial losses.
The tool provides a whole range of services including the calendar of macroeconomic events and statistics which allows traders to monitor the key indicators of the global economy and build their trading strategy based on fundamental trends. Additionally, with the economic calendar, you significantly reduce costs without compromising the quality of customer service.
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For active trades, it is necessary to consider the factors which could affect the price as well as the market sentiment and trend dynamics for longer timeframes. Generally, daily analytical reviews deal with intra-day currency dynamics. But, at the same time, it is important to understand and consider the global market situation.
In our weekly video reviews, possible trading scenarios for the upcoming trading week are analyzed. This information is of key importance for traders when they form their trading strategy for the week. Video information is easier to understand, thus, traders may size up the current market situation more quickly.
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Huge flows of political and economic releases give controversial information. Statistical releases, generally, only have a short-term influence on exchange rates. It is important to fully understand the impact of various economic indicators as well as to monitor and analyze this huge flow of information. Many new traders do not realize the importance of fundamental factors and consider only technical indicators. It often results in the loss of money when economic news is released due to an abrupt change in currency dynamics which technical analysis cannot always foresee.
Our specialists track economic indicators as well as published statistics and analyze how they influence exchange rates. There is no need for your clients to be distracted from their trades by trying to find and interpret relevant information.
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Certain knowledge and skills are required to deal with various technical indicators, channels, support/resistance lines, Fibonacci levels, and figures of trend reversals and continuations. Many traders have to spend a considerable amount of time and effort to study technical analysis instruments and, as a result, some of them get deterred.
Our experts use all kinds of technical analysis in a proper way. Most reviews are based on complex approaches using popular indicators, support/resistance levels and various types of technical analysis. Traders therefore save time and get the most accurate forecast.
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Read about the latest in global news in Forex and other world markets.
Top daily headlines on multiple markets delivered to you perfect for the fundamental trader.
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