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[Razor1911]

News forecasts are provided mostly by brokers or reputed forex analyzing sites. It provides an expected value of the news as compared to previous ones. For example in case of Non farm payrolls, forecast will provide expected outcome and previous results.

When the result comes out to be higher than expected, market moves higher. Where as when it goes below expectations, it tends to go down. So, having an updated information about such news will alwys help.

 

[ElPaule]

News forecasts are provided mostly by brokers or reputed forex analyzing sites. It provides an expected value of the news as compared to previous ones. For example in case of Non farm payrolls, forecast will provide expected outcome and previous results.

When the result comes out to be higher than expected, market moves higher. Where as when it goes below expectations, it tends to go down. So, having an updated information about such news will alwys help.

to get a good forecast, it is not just the input data - as historic data significant but also influencing parameters for the prediction. One, maybe the most important consideration for a reliable forecast comes when the prediction will be communicated. There needs to be an explanation why a trend is expected (including the % of possibility)
Also wording is important to describe the accuracy of the forecast. Instead of "The price goes up" it should be "The calculated possibility that the price goes up is 65%".
Maybe I am picky on that, but everything else in my point of view is sensationalism.

 

[Razor1911]

to get a good forecast, it is not just the input data - as historic data significant but also influencing parameters for the prediction. One, maybe the most important consideration for a reliable forecast comes when the prediction will be communicated. There needs to be an explanation why a trend is expected (including the % of possibility)
Also wording is important to describe the accuracy of the forecast. Instead of "The price goes up" it should be "The calculated possibility that the price goes up is 65%".
Maybe I am picky on that, but everything else in my point of view is sensationalism.

The analysis will obviously include the reason behind that. Normally news forecasts are provided by broker and financial institutions, means they will release it after thorough study only.

 

[Razor1911]

Forecast helps to predict the next outcome. The most important consideration for a reliable forecast comes when the prediction when communicated.

Forecasts are based on the market analysis. if the analysis has been done with proper attention then such forecasts has higher probability to give return. Not all forecasts works.

 

[LutherKing]

The biggest impact is always done by authorities and power countries as soon there is positive news the coins soar and vice vaersa this is most as significant and worth noting

 

[Bousine00]

News forecasts are provided mostly by brokers or reputed forex analyzing sites. It provides an expected value of the news as compared to previous ones. For example in case of Non farm payrolls, forecast will provide expected outcome and previous results.

When the result comes out to be higher than expected, market moves higher. Where as when it goes below expectations, it tends to go down. So, having an updated information about such news will alwys help.

News broadcast are really effective, but sometimes you just need to work with your impulse, and of course fundamental analysis

 

[ashim kate]

A very important thing to note about the market is that things change very quickly and within a very short period of time. It is good for you as a trader will be following news forecast because it gives you an idea but you should not overly rely on them because the whole lot of them are not correct just that they will give you a sense of direction.

 

[Kubiat-Abasi]

News forecast in Forex trading is one of the assets that should be utilised by Forex Traders. News predictions in Forex trading plays a significant role which cannot be underestimated. It saves traders from the risk and salvages or averts their potential losses occurrences. It is only a greedy or over ambitious trader that will take chances whereby the market is highly unpredictable at that perennial time.

 

[ashim kate]

It is never enough at a few people are going to accurately predict how the price of a particular commodity is going to go. News forecast and expert analysis is definitely information that you should try to consume but that does not mean that you should always depend on them as doing your own research is going to show you a lot.

 

[dorcasy]

News forecast is the bedrock of most forex traders,as you know we have technical traders and fundamental traders.
Trading the news is one of the traits of fundamental traders,they only look out for influencial events and happenings and this method is quite effective because it eliminate any form of chart pattern.

 

[ektalakra]

It is important to be able to identify which sources are reliable. the ability requires an understanding of depth, authority, currency, and purpose, but in recent times some news content is far from reliable. This news is fake and made-up stories. Reliable news is one that provides a thorough, well-reasoned theory, argument, discussion, etc. based on strong evidence.

 

[Ofonime]

News forecast is the bedrock of most forex traders,as you know we have technical traders and fundamental traders.
Trading the news is one of the traits of fundamental traders,they only look out for influencial events and happenings and this method is quite effective because it eliminate any form of chart pattern.

News trading is very important when its come to the forex market if you know how to do the fundamental analysis very well you can also use it to trade the technical analysis,

some traders are so smart to do this I beleive that news is very important when its come to the forex market its play a key roles by letting you know how each country are doing in terms of their economic since this is what always impact the market and make it to move,so news trading is very good when you have the right source to do just that.

 

[infinitytech]

It is never enough at a few people are going to accurately predict how the price of a particular commodity is going to go. News forecast and expert analysis is definitely information that you should try to consume but that does not mean that you should always depend on them as doing your own research is going to show you a lot.

One of the most crucial aspects of the market to remember is that things change extremely quickly and in a very short period of time. It is beneficial for you as a trader to follow news forecasts since they provide you with an idea, but you should not too rely on them because not all of them are correct; rather, they provide you with a feeling of direction.

 

[infinitytech]

News trading is very important when its come to the forex market if you know how to do the fundamental analysis very well you can also use it to trade the technical analysis,

some traders are so smart to do this I beleive that news is very important when its come to the forex market its play a key roles by letting you know how each country are doing in terms of their economic since this is what always impact the market and make it to move,so news trading is very good when you have the right source to do just that.

In Forex trading, one of the assets that Forex traders should use is news forecasting. In Forex trading, news forecasts play an important role that should not be overlooked. It protects traders against risk and helps them salvage or avoid future losses. Only a greedy or overconfident trader will take risks when the market is particularly volatile at that time of year.

 

[infinitytech]

The biggest impact is always done by authorities and power countries as soon there is positive news the coins soar and vice vaersa this is most as significant and worth noting

When it comes to the forex market, news trading is quite significant. If you know how to do fundamental analysis properly, you can also use it to trade technical analysis. Some traders are very clever to do this. I believe that news is very important in the forex market because it informs you about how each country is doing economically. Since this is what always influences the market and causes it to move, news trading is very good when you have the right source to do so.

 

[Wisdom01]

News forecast in Forex trading is one of the assets that should be utilised by Forex Traders. News predictions in Forex trading plays a significant role which cannot be underestimated. It saves traders from the risk and salvages or averts their potential losses occurrences. It is only a greedy or over ambitious trader that will take chances whereby the market is highly unpredictable at that perennial time.

yeah I think most traders actually look up to news when trading , like they make their trading decisions through news and others and it have been really helpful to them ,also it's good to know that most times the market is unpredictable ,but with analysis little prediction could be done

 

[Ben Kempton]

yeah I think most traders actually look up to news when trading , like they make their trading decisions through news and others and it have been really helpful to them ,also it's good to know that most times the market is unpredictable ,but with analysis little prediction could be done

I often use Long Forecast Website. However, the forecasts and predictions on that site are estimations of the price on the basis that the market might remain in a neutral phase or remains stable. Therefore, I do not think that these estimations are entirely correct. You can have a look below in the chart which I attahced and you could see the predictions of the Forex rates of the dollar in contrast to Pakistani Rupees.

 

[Wisdom01]

I often use Long Forecast Website. However, the forecasts and predictions on that site are estimations of the price on the basis that the market might remain in a neutral phase or remains stable. Therefore, I do not think that these estimations are entirely correct. You can have a look below in the chart which I attahced and you could see the predictions of the Forex rates of the dollar in contrast to Pakistani Rupees.

probably all of these are random prediction ,they are actually not main prediction ,news could come into place to affect these prediction that have been longed prepared ,I think trading comes with great risk ,we should always note how we forecast and predict trades to make it not been placed in a wrong way

 

[a_jerobon]

I am not a trader but I have always read the importance of news and events in forex trading. They have a great impact on how the market will rise or fall.

So you need to be really informed in those news that affect the market. Having brokers and forex news sites helps a lot. You will stay informed so as to make the right decisions.

 

[btaliat]

Though, any forex trader must take into cognisance any news on forecast but that doesn't mean that all forecast whether new or old are to be depended on. There are many things that affect forex market and majorly it is a game of power and influence by the superior countries which make it harder for any forcast expert to rightly predict the forex market. That's why leveraging is important.