Saturday, May 15, 2021

TRADE THE DAY FOLLOW ECONOMIC CALENDAR FOR BEST BROKERS IN DUBAI

 Trade the day follows the economic calendar to get better results from the best forex brokers Dubai. ECONOMIC CALENDAR focuses on economic events and major economic indicators from all over the world. The economic calendar shows all data and marked time management. The calendar automatically refreshed when new data was published and showed notification. Economic calendar monitoring financial events and forecasted the actual data.

  •   Automated refresh

  •  Customizable local time

  • ·         Sound notification

  •  Historical graph

  • country, date, event category, volatility impact or keyword filter

  • Countdown

  •  Mobile-friendly

  • Related news and reports

 

A forex economic calendar allows informed potential price moves and fundamental news reports. An economic calendar focuses on economic events and shows central bank meetings, political elections as well as bond auctions.

An economic calendar holding a EUR/USD position, the ECB plan and generating significant volatility. It also updates political information as well as economic data.

 

An economic calendar is reliable for central bank information, exchange currency pair, monetary policy and actual announcement of event analysts or economists.

An economic calendar captured reputable websites such as Reuters, Bloomberg, and Forex Factory and informed their trading decisions.

The economic calendar is briefly the most accurate and timely news, reports, or data of the Forex market and it continuously updates a dedicated team of economists and journalists.

To check fundamental analysis (such as GDP, employment, consumption data, inflation) is closely observed of the currencies in the countries of forex trading.

An economic calendar indicates several functions as below:

CURRENCIES: it indicates a flag icon of the country when data release, and you observed quickly forex currency exchange in specific days.

IMPACT: Depicted as yellow/orange/red bars, the impact is a basic indicator of the potential move a data release might trigger on currencies and markers shown by color with great probability to move the Forex market yellow/orange/red bars.

TIME: it has good timing and displays all data in chronological order.

ACTUAL/DEVIATION/CONSENSUS/PREVIOUS: Economic calendar indicators shows Previous number that’s the last release data, For most indicators add a Consensus number that’s immediately displayed at the right of the volatility indicator and general agreement of experts on the outcome of the number. The Deviation ratio is an open scale and the calculation of Actual data differs from the Consensus.

No comments:

Post a Comment