Fundamental analysis is another tool that can be used to predict the price dynamics of financial instruments. Its aim in the constant analysis of various economic and industrial indicators, which may affect the quotes of a financial instrument.

For example, publication of annual reports, news about a new contract or appearance of a regulatory law can seriously affect the price of a company’s shares on stock markets. And to keep abreast you need to analyze such information constantly.

MetaTrader 5 provides a number of fundamental analysis software. Right in the trading platform you can receive financial news from international news agencies. This will help you stay updated and take appropriate timely actions.

Any news can be received in the platform. A brokerage company selects the information provider and the types of messages. This can be any information about global or national events influencing quotes of financial instruments. For example, a speech of a politician may lead to change of the rate of the country’s national currency on forex market. This information can be used for traders’ benefit.

It is worth noting that a forex news release is not as important as the news’ contents and its possible impact on financial instruments. Each news message is unique and it should be analyzed individually. With MetaTrader 5 it is as easy as never before — news messages arrive in the platform providing all the necessary information to the trader.

Economic Calendar

Another important tool is the economic calendar. Brief information on upcoming events that can influence quotes of forex and stocks markets securities will appear here. Unlike with financial news, only events related to financial markets are published in the calendar. For example, statements by the representatives of central banks or influential financial institutions, release of economic reports and so on.

Specific information related to this news, provide accurate information in a concise manner. At the same time of an upcoming event, various indexes can be published in the economic calendar. For example, together with a report on the dynamics of the real estate market, the current and previous values, as well as free forecast values are published. In addition, the reported period or the date of a statement is specified.

With the help of fundamental analysis tools, various events in financial markets (both, Forex and Stock Markets) can be predicted. And with the economic calendar in the MetaTrader 5 this is easy and convenient!