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Resources with good economic calendars for Forex traders. It is always better to compare and contrast the numbers on few calendars as there could be few differences in consensus. 1) Daily FX Economic Calendar
2) Forex News
3)Today FX
4)Forex Factory
Technical analysis and fundamentals on currency trading is necessary for a profitable deal. A ravenous appetite for knowledge on the basics of economy is necessary to understand who the players are and what reports and statements drive the market. Equally important is to know the precise time when such announcements are made to adapt accordingly and avoid losing because of a surprise incident. For these, economic calendars can be referred as they can show these dates in advance. It is like, when traders expect
something and it happens, say a rise in interest not much of a
movement is made in the market. However, if the interest does not
rise as expected, the market is sure to react violently.
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