Economic Events & Indicators analysis is the examination of the underlying forces that affect the interests of the economy,

industrial sectors and companies. As with most analysis, the goal is to derive a forecast for the future. Learning the monthly sequence of economic releases and market reaction to each release is one of the first steps in learning to track the economy.

Forex traders should be taught to compare market expectations with actual economic indicators and then evaluate market reactions. Key Economic Indicators have strong effects on Forex Market so currency traders should be aware of them when preparing strategies. Many profitable forex trades are made moments prior to or shortly after major economic announcements.

Important Note: During Important News Release Spread will be wider and price may fluctuate a lot.  You may want to consider scalping technique when prices fluctuate a lot and try to benefit from each of the spike generated from the news release