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FundedNextBlogHow to Read and Use Forex Economic Calendar in 2023

How to Read and Use Forex Economic Calendar in 2023

2 years ago

May 12, 2023

forex-economic-calendar-explained

Table of Contents

How do I interpret data from the Forex Calendar?

To interpret data from the Forex calendar, follow these steps:

1. Identify the economic indicator/event.
2. Compare the actual values with forecasted values.
3. Consider deviations from expectations.
4. Assess the market’s reaction.
5. Understand the market sentiment.
6. Combine with other analysis.
7. Adapt your trading strategy accordingly.

How do I place filters on the Forex calendar?

To place filters on a Forex calendar:

1. Choose a reliable Forex calendar.
2. Select the desired time range.
3. Filter events by currency pairs of interest.
4. Filter events by impact level (high, medium, low).
5. Filter events by type (interest rates, GDP, employment, etc.).
6. Apply the filters to display relevant events.
7. Review and update filters as needed.
















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