Forex Calendars 14 ALTERNATIVES TO FOREXFACTORY CALENDAR

Indeed, normally New Year’s Eve is an occasion for the vast majority and celebrated in different geographical locations. Nonetheless, 31st December isn’t an occasion without help from anyone else in many nations universally, yet generally, individuals work diminutive time during this day and observe New Year’s Eve. Forex market occasion schedule for 2022 shows that the main two occasions that the market is authoritatively shut are Christmas Day (December 25th) and New Year’s Day (January 1st). There are many nonworking days (occasions) all over the planet in any case. The upcoming August U.S. inflation report will play a crucial role in shaping financial markets, determining the trajectory of Treasury yields and the U.S. dollar in the near term. The calendar has an ‘Up Next’ button which shows the immediate upcoming event.

You have to click on the specific announcement to view the Previous and Forecast values. And you cannot see the pre-revision value, though you can still tell if the Previous value has been revised. The calendar has filters based on currencies, the impact of the scheduled events, and sessions. With the sessions’ filter, you can select between London, New York, Sydney, and Tokyo sessions. The FXStreet calendar is equipped with an automatic update feature for the actual and revised data and the deviation.

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A Forex trader who needs to stay informed about all the events related to the currencies he or she trades would be naturally inclined to look for a calendar that offers the maximum number of events. While the economic calendars do not miss out on any major currency, they curtail the number of news events listed in their best forex calendar economic calendar. Since there is no way to add a custom news event to an economic calendar, it is important to select an economic calendar that offers as many relevant news events as possible. We have calculated the number of events provided by the 11 calendars for the four major currencies (EUR, GBP, JPY, and USD).

• But the calendar does not show any data in the list of events, requiring you to choose an event to learn all the information.
• It is much easier to use compared with the web version of the calendar as it shows all the information necessary in the list of events.
• You can also use the arrows on the calendar to browse past or upcoming weekly views.

It is widely regarded as one of the most comprehensive and reliable economic calendars available to traders. Successful forex trading requires careful analysis of economic indicators, market events, and their potential impact on currency pairs. The Forex Factory Calendar is a powerful tool that provides traders with vital information about upcoming economic releases, announcements, and events. In this article, we will explore the features of the Forex Factory Calendar, its benefits, and how traders can utilize it to make informed trading decisions. The mobile version does not show a specific time for releases, the same as the desktop version.

These can include central bank interest rate decisions, GDP releases, employment reports, and geopolitical developments. Due to the increased market volatility, it is important to remember that trading around news events can result in significant slippage. A flag icon indicates the country of the data release, and next to it, its currency. So you can quickly scan and see what currencies might be affected today or in some specific days. In this post, there’s a list of other websites providing economic forex calendars that many other trader use as well.

Best Forex Calendars-Alternatives To Forexfactory Calendar

Know ahead of time of upcoming economic data releases or events that may cause sudden volatility and negatively affect your trading, such as any open positions. No matter what time frame you trade on, it’s important to keep an eye on upcoming calendar events daily since they are likely to impact the financial markets including forex, stocks, bonds and commodities. If you know of any other forex economic calendars that I have not listed here, please make an comment and let me know below so that I can include it in this list.

On the bright side, all the desktop features are retained in the mobile version. The mobile version of the calendar is ridden with ads but is built to be rather convenient. Unfortunately, browsing through the past weeks is not possible.

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It is important to take advantage of market overlaps and keep a close eye on news releases when setting up a trading schedule. Traders looking to enhance profits should aim to trade during more volatile periods while monitoring the release of new economic data. Nowadays, when lots of traders prefer to use their mobile phones to analyze charts, access news, and even submit orders, it is crucial for a calendar to have a mobile-friendly view. In addition, calendars can offer stand-alone apps that can offer their own features and be even better than web-based calendars. Below we assess how mobile-friendly are the top Forex calendars in our list. Also, while many Forex brokers offer a calendar on their website, the quality of broker-provided calendars is usually well below what you get at websites specializing in this sort of information.

You will receive recurring alerts or once, at intervals of 15, 30, or 60 minutes before the actual data is released. These alerts can be delivered as a pop-up message on your desktop or push notification to your mobile. For more on technical analysis and how to use our free trading charts to trade forex and other assets, see our top 3 technical analysis charts for trading. Yes, it is recommended to combine the insights gained from the Forex Factory Calendar with technical analysis. By integrating fundamental and technical analysis, traders can make well-informed trading decisions.

The scheduled events are marked using the country flag with a 3-letter currency ISO code. The Forex Factory Calendar provides details such as the time of the event, the currency affected, the impact level (low, medium, high), and previous and forecasted values for economic indicators. It also offers historical data to analyze how the market has reacted to past events. The Forex Factory Calendar is an invaluable tool for forex traders, providing them with essential information about upcoming economic events, releases, and market-moving announcements. By utilizing this calendar effectively, traders can enhance their understanding of market dynamics, identify potential trading opportunities, and make informed decisions. Remember to combine the insights gained from the Forex Factory Calendar with technical analysis to develop a well-rounded trading strategy.

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The interface of FOREX.com shows the scheduled events next to the corresponding country flag. It shows the volatility that an event is likely to have, the actual data, consensus, and previous data. The pre-programmed time-browsing buttons on the MQL5 calendar are; Previous week, next week, current month, next month, and previous month. You can also browse specific dates or a range of dates for up to 90 days.

With BabyPips.com’s Economic Calendar, you can browse yesterday’s events, today’s, tomorrow’s, last week’s, this week’s, and next week’s. You can also use the arrows on the calendar to browse past or upcoming weekly views. Forex Factory allows filtering based on an event’s expected impact, currencies, and event type. Only nine major currencies are supported on the filter function.

What information does the Forex Factory Calendar provide?

Thus, every economic calendar strives to offer such a facility, albeit each in its own way. A trader may or may not be located in the same time zone used by the economic calendar to display the schedule of economic announcements. Thus, it is a good idea for the Forex calendars to display their active time zone and to allow synchronization of the server time with the computer’s clock. The economic calendars tackle this issue in the following manner. We shall look at the specific filters offered by each of the economic calendars taken here for assessment.

The iOS and Android apps are available for the DailyFX calendar. It has a slightly different design but offers almost the same information as the mobile web browser version, except for the former not showing any details about announcements. The mobile version provides the same information and nearly identical interface features as the desktop version of the calendar. In fact, it looks like they developed the calendar with mobile as their first priority and then expanded it somewhat for a desktop view. To make the calendars more compact, the websites use various icons, images, codes, and abbreviations to display the list of events.

An update to US Consumer Credit for March was delayed by half an hour on Dukascopy and for almost a whole hour on Econoday. US Monthly Budget Statement was not updated at all on Dukascopy. In fact, the event was removed from the mobile version of the calendar about two hours after the report was released, while the desktop version just kept the event without any data.

It is important to prioritize news releases between those that need to be watched versus those that should be monitored. Printing calendar events allows traders to work on their trading plan away from the keyboard, which can be useful sometimes. Exporting to printer-friendly formats or spreadsheets lets further processing of the economic calendar data. Unfortunately, not all calendars allow such manipulations. The calendar is available via the official Trading Economics app.

Is the Forex Factory Calendar free to use?

Investing.com is a clear leader in terms of providing the maximum number of economic data items related to the four most traded currencies. Trading Economics, Myfxbook, MQL5.com, and DailyFX are also quite heavy on the number of economic reports. On the other hand, Econoday and Forex Factory would be more helpful to traders who are less interested in minor events and variations https://g-markets.net/ of the major ones. MQL5.com calendar flawlessly transfers all the features from the desktop web version to the mobile web version. This calendar could be a great example of a mobile-friendly website. Still, despite having lots of interface features transferred at a top-notch quality level, it only shows the Actual values for all announcements in the event list.