If youโre new to trading or trying to better understand market movements, youโve probably heard the term fundamental analysis. But what does it mean in the context of FxProโand how can you use it to make smarter trading decisions?
This guide explains what fundamental analysis is, how to apply it on FxProโs platform, and what tools are available to help you stay ahead of the markets in 2025.
What Is Fundamental Analysis?
Fundamental analysis helps traders understand why a market is moving by examining economic news, interest rates, job data, and other macro factors. Itโs especially useful when trading forex, indices, or commodities.
Instead of focusing on chart patterns like technical analysis does, fundamental analysis looks at the real-world forcesโlike inflation or central bank policyโthat move currencies and assets.
Tools and Resources on FxPro for Fundamental Analysis
If youโre wondering how to do fundamental analysis on FxPro, here are the best tools built into their platform:
1. FxPro Economic Calendar
The FxPro economic calendar is one of the easiest ways to stay on top of key news releases. It shows:
- GDP, CPI, unemployment reports
- Central bank rate decisions
- High-impact events filtered by region, time, or importance
Youโll see the previous, forecast, and actual numbersโessential for spotting surprise outcomes.
One Reddit trader shared: โI rely on FxProโs calendar before every London openโit tells me exactly which pairs to avoid and where the volatility will hit.โ
2. Daily and Weekly Market Outlooks
FxProโs analysts post commentary on major themes driving the markets. This includes:
- Interest rate forecasts
- Geopolitical risks (e.g., oil tensions or elections)
- Reactions to central bank speeches
- Market sentiment breakdowns (bullish vs bearish tone)
These insights are helpful for swing traders and position traders using the FxPro MT4 or MT5 platforms.
3. Trading Central & News Plugins
Users with live accounts often get access to Trading Central insights. These include market-impact ratings, forecasts tied to economic reports, and sentiment scoresโblending both fundamentals and technicals in a clean layout.
A trader on Forex Factory said: โTrading Central on FxPro helped me understand how rate hikes affect EUR/USDโeven when the charts looked confusing.โ
4. FxPro Academy โ Fundamental Analysis Lessons
For those learning how to trade news on FxPro, their free educational videos and articles walk through:
- How to read inflation and employment reports
- How to follow central banks
- What moves currencies vs commodities
Thereโs also an entire section covering how to combine news and chartsโa beginner-friendly way to ease into real-time market analysis.
How to Use Fundamental Analysis on FxPro: A Daily Routine
If you want to apply fundamental analysis in a practical way, hereโs a sample trader workflow:
FxPro Fundamental Analysis Routine (for Daily Traders)
- Check FxProโs Economic Calendar. Filter by โHigh Impactโ events for the day. Highlight anything involving USD, EUR, GBP, or JPY if you trade major pairs.
- Read FxProโs Daily Outlook or Market Update. Get a quick snapshot of what themes the market cares about (e.g., inflation fears or risk appetite shifts).
- Decide What to Watch. Choose 1โ2 events to focus onโlike a Fed speech or EU CPI release. Avoid overloading your attention.
- Check Related Pairs on Your FxPro Platform. If US CPI is coming, keep an eye on USD pairs, gold, and indices like US500. Add alerts if needed.
- Plan Scenarios in a Demo or Live Account. Ask: โIf this data beats expectations, how will the dollar react? Whatโs the likely sentiment after a miss?โ
- Journal What Happens. After the news, write down what the forecast was, what actually happened, and how the market moved. This builds pattern recognition over time.
FAQs
1. What is the best tool for fundamental analysis on FxPro? The economic calendar is the most essential tool. It shows key events that can cause big moves in the markets.
2. Can I trade major news events like NFP on FxPro? Yes. You can plan trades around high-impact events like Non-Farm Payrolls, central bank announcements, and inflation reports. Just be carefulโnews trading can cause slippage.
3. How do I combine news and chart signals on FxPro? Use the news to explain why something might move, and use charts to figure out when to get in or out. For example, use the economic calendar for timing, and then use MT4 indicators like RSI or moving averages for entries.
4. Is fundamental analysis helpful on MT4, MT5, or cTrader? Yesโall three platforms support trading based on news. MT5 has an integrated news tab. cTrader offers strong execution speed for fast reactions after data releases.
5. Can I practice fundamental analysis in demo mode? Absolutely. FxProโs demo account lets you follow real economic events and simulate trades without risking real money.
6. Whatโs the best way to trade interest rate decisions on FxPro? Watch for the rate itself and the tone of the central bankโs statement. Even if the rate stays the same, a more hawkish or dovish tone can move the markets.
7. Do beginners need fundamental analysis to trade forex? While itโs not required, it helps a lot. Many beginner traders lose money by ignoring the news. Even basic awareness of when key events are happening can help you avoid surprises.