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There are two ways to analyze the Forex market: Fundamental and Technical. Our economic calendar helps you analyze the fundamental side of the market.
What exactly is Fundamental Analysis?
Fundamental Analysis looks at all the economic conditions that affect a country’s currency, one of which is economic indicators.
Economic Indicators are reports released by a country’s government or private organization. The reports show exactly how that country’s economy is doing. The reports are released according to a specific schedule, which is where we get our economic calendar.
Paying attention to the economic calendar allows you to forecast how the
market will turn at specific times.
How can the calendar help me predict market movement?
While no tools can help you make an exact prediction, the economic calendar will allow you to be more informed. By being aware of the market expectations for a certain piece of economic data (calendar shows previous numbers versus forecast numbers), you will have a heads up on market movement.
What’s so special about the Apex FX Trading calendar?
Our calendar gives you arrow indications on what the expected data level means for the market. For example, if there is a green arrow, then as long as the data comes in within the forecasted range, that currency will become strong. These arrows are just another benefit our Apex FX Trading customers have in order to be more informed in their trades.
Click here to view today's (19th, NOVEMBER 2008) Economic Calendar
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