4 min read
Let's take a closer look at a feature that often goes unnoticed called 'Market Analysis'. It can be accessed at the button in the lower left corner of the operating room. This is something that most traders will find useful. Why? Because they are basically 4 functions in 1: smart news, Forex calendar, earnings calendar and cryptocurrency calendar. No matter what you operate with, here you will find relevant information that can be used later.
The Market Analysis function and where to find it
Thanks to this functionality you will have the opportunity to access the most important news in one place. It is not necessary to consult external sources. The main events, which have the potential to shake the markets, will come to you through this news. This feature is based on reliable sources and updated information.
The exchange rate of national currencies usually changes with news and important announcements (political, economic). That is why it is so important to follow them and always be aware of the latest events. Economic reports, decisions on interest rates and speeches by central bank presidents – in other words, everything that can influence the exchange rates of both principal and exotic peers – can be found here. Keep in mind that you can also filter the news according to its impact, country or category.
This section is appropriate for those interested in securities CFDs. The fundamental factors play an extremely important role in the formation of the price of a security. Once per quarter, all publicly traded companies publish a benefit report, in which they disclose the key information of their financial results. By knowing the date of a report and estimating the results, you can anticipate your future operations.
For those interested in cryptocurrency trading, there is a special section dedicated to cryptocurrency news. Cryptocurrencies can raise or lower hundreds of dollars after important announcements. Being a class of assets backed by technology, they rely heavily on high-tech presentations. Do not be surprised if you see that many ads in this section have to do with improvements and technological developments.
Follow the news and forecasts of price changes of your favorite assets with the Market Analysis.
NOTE: This article is not an investment advice. Any reference to historical price movements or levels is merely informative and is based on external analysis and we do not guarantee that such movements or levels will probably occur again in the future. According to the requirements of the European Securities and Markets Authority (ESMA) , trading with binary and digital options is only available for clients categorized as professionals.
GENERAL RISK WARNING:
CFDs are complex instruments and carry a high risk of losing your money quickly due to leverage. 76% of the accounts of small investors lose money when operating with CFDs with this provider. You should consider whether you understand how CFDs work and if you can afford to run the high risk of losing your money.
Source: IQOption blog (blog.iqoption.com)