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That is depend on the result of the news, if the result is bad then that currency which affected by that news will be weakening and the counter/main currency will affected by that currency, but make sure that only high impact news that you choose not medium or low impact even in rare cases medium and low impact give some shock therapy also.News will for sure take a change in the direction of the market movement. The most influential of the news is the high impact ones. When they are released, the market starts to takes a turn in the direction of the news. The effect of news on the market can make a winning trader lose or a losing trader win.
Forex news also plays very important role in Forex trading, a trader can gain knowledge about market very easily and can prepare future plan for trading, trader can also keep himself up to date with the help of Forex news, i think Forex news is beneficial for every trader. Share your opinion?
News will for sure take a change in the direction of the market movement. The most influential of the news is the high impact ones. When they are released, the market starts to takes a turn in the direction of the news. The effect of news on the market can make a winning trader lose or a losing trader win.
It is based on this that our fundamental analysis lies. The effect of high impact news will affect the movement of the market, hence, the need not to overlook it. When the news becomes a bad one, it immediately takes a toll on your pairs.News is very important fact in Forex market. News helps a trader in various ways. A trader can know market trends and can take decision. News has also impact on the price of the currency that's why a trader can get up date about the market. Moreover it helps a trader to trade with proper knowledge about current market trends.
Only news does not change the direction of the market. You have to know that there are so many different thing which will be causing the market movement to change. Whereas these things exist, it is news that makes the main difference.I think only a news cant change the market direction because where as the news is flash out also there have a technical of analytical prediction mean say that who or whose promot the news they also get the data before flash out the news and after that they tell us the so data so technical predictions and analysis is the on of the best strategy o ftrading and news is just a part of those..