Do you want to know the secret of stable and profitable trading? Most beginning traders think that it is all about knowledge. Well, this is not exactly the case. The knowledge alone is not enough to generate decent profits on a regular basis.
In order to get on a whole new level of trading, it is necessary to learn to understand the market and to anticipate its intensions. This requires analyzing huge arrays of data on a daily basis. This is the only way to put the odds in your favor and to make decent weighted decisions.
Charts, indicators, signals, news… combined together, these factors make the very Holy Grail everyone is desperately looking for. These are powerful weapons in the right hands.
Still, a natural question arises: Where to find high-quality analytics? Well, we recommend paying attention to the products and services provided by Roboforex, a major Forex broker.
Analytics by Roboforex
Let’s look at what the Forex Analytics page says:
The main work of the trader is to collect and process the information (forex analytics). The ability to perform trend analysis and take into account the fundamental and technical indicators allows timely identification of future changes in the currency exchange rates in Forex. The dynamics of exchange rates, on the one hand, provides opportunities for raising capital, but on the other hand, there are hidden risks of losing the capital. Therefore, the correct prediction (true assessment of the events, use of trade rumors and expectations) are part of the analysis of the financial markets. For a successful trade, it is necessary to use all the factors affecting the Forex currency market.
Factors affecting the Forex online currency market:
Indicators characterizing the state of the national economy (GDP dynamics, growth or decline of industrial production, retail sales, etc.);
Interest rates of central banks;
Inflationary pressures in the economy, the size of the monetary base;
Balance of payments, trade balance;
The increase or decrease in the capitalization of stock markets;
Country’s reputation in the international arena.
RoboForex provides a full range of Forex Analysis:
Economic Calendar – daily digest of news and important events on the Forex market
Forex forecasts – daily technical analysis and forecastsconcerning Forex market
Forex Calculator–the possibility of calculating the reserve by the amount of contract size and a particular currency pair that you’re interested in.
Leading microeconomic indicators – the possibility of forecasting the trend of price movement, thus, predicting the future situation on the currency market
Bank interest rates – interest rates of the leading world banks
International bank holidays – the list of international bank holidays affecting Forex market working hours this year.
Conclusion
As you can see, Roboforex is a really client-oriented company. Therefore, it strives to make traders’ lives as easy and comfortable as possible to help them to generate decent profits on a regular basis… for themselves and the broker. This is a win-win situation, and Roboforex is perfectly aware of that. That is why trading with Roboforex is a pleasure since you have everything you need at hand.
