Module 4 of 8 · Free Complete Forex Course

Fundamental Analysis

The news side of the market: which events matter, when liquidity dries up, and where money runs when the world gets nervous.

Free — no signup 4 lessons 4-question test

Economic Calendar

ECONOMIC CALENDAR — events that move the market

TIME	CCY	EVENT	IMPACT
08:30	GBP	CPI Inflation	HIGH
13:30	USD	Non-Farm Payrolls	HIGH
14:00	USD	ISM Services PMI	MED
18:00	EUR	ECB Rate Decision	HIGH
20:00	USD	FOMC Minutes	MED

RED = avoid trading 15 min before/after, unless news is your strategy.

The Economic Calendar is a schedule of upcoming economic events and data releases that may impact financial markets. Find one at myfxbook.com/forex-economic-calendar.

NFP (Non-Farm Payrolls)Most important U.S. jobs report — major market mover.

CPI (Inflation Reports)Measures how fast prices of goods and services are increasing.

Interest Rate DecisionsCentral bank announcements — strongly affect all markets.

GDP ReleasesTotal value of goods and services produced in a country.

ISM Services PMIMeasures health and activity of the services sector.

Initial Jobless ClaimsHow many people applied for unemployment for the first time.

Financial Juice

Financial Juice is a website that provides real-time financial news and economic event updates for traders. Visit: financialjuice.com

It helps traders stay informed about breaking economic news, important market events, and market reactions to news in real time — faster than most calendars.

Bookmark it. Checking it before and during your trading session keeps you aware of any market-moving events.

Bank Holidays

Bank holidays are official public holidays when banks and many financial institutions are closed. Trading activity may be significantly lower than usual.

Market liquidity may be lower
Price movements can be slower or irregular
Spread could be wider than normal

Trading during bank holidays can result in losses due to low market movement and wider spreads. It is advised to take a break from the markets on these days.

Uncertainty

MARKET UNCERTAINTY — where money flows during fear

SAFE HAVEN  ↑

Gold (XAU/USD)

USD — US Dollar

CHF — Swiss Franc

JPY — Japanese Yen

→ Consider LONGS

RISK ASSETS  ↓

NASDAQ / S&P 500

AUD — Aussie Dollar

NZD — Kiwi

BTC / Crypto

→ Consider SHORTS

Not financial advice — always verify with current market conditions.

Uncertainty in financial markets refers to situations where traders are unsure about future economic, political, or financial developments — elections, economic crises, unexpected data, wars, pandemics.

Consider longs on (safe havens):Gold (XAU), Swiss Franc (CHF), Japanese Yen (JPY), U.S. Dollar (USD)

Consider shorts on (risk assets):Stock indices (NASDAQ, S&P500), AUD, NZD, Cryptocurrencies

Not financial advice. Market reactions are not always the same, but generally: Uncertainty → Risk-off sentiment → Safe-haven assets increase in demand.

Section test

Test yourself — 4 questions

Pick an answer to see instantly whether it is right. Nothing is saved to a server and no account is needed.

01What is the Economic Calendar used for?
02Which of these events typically has the HIGHEST impact on markets?
03Why should you be cautious trading on bank holidays?
04During market uncertainty and fear, which assets typically RISE in value?

Now test it on real historical charts

Reading is step one. Replay real historical data bar by bar, place the trades this module describes, and see whether the idea actually holds up before you risk money on it.

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