Financial news in MetaTrader 5 app
As with technical analysis, free financial news in the MetaTrader 5 mobile version can also be used to forecast Forex and stock prices. Analyzing financial data and production figures from financial news sources (fundamental analysis) allows you to keep abreast of the market developments and help to make more appropriate trading decisions.
Your iPhone/iPad or Android MetaTrader 5 mobile can receive hundreds of daily news publications on national and global events affecting currency and stock quotes. Different brokers may offer a number of different news on their platform.
When analyzing financial news, it is necessary to understand how a news content may affect a financial instrument you are interested in. For example, the share prices of a large multinational company may change after the speech of its president providing you with a good trading opportunity.
Acknowledge the significant impact of financial news on currency and stock prices. You can use this impact to your advantage in MetaTrader 5!