Financial analyst in the Forex market

Many brokers, financial portals and other companies of economic orientation are looking for a job "analyst" in the Forex market. In this article, we will look in detail at the main directions of his work, as well as the requirements that are usually put forward to a person who has decided to work in this specialty.
Who is a financial market analyst?

Financial market analyst, as the name implies, is engaged in processing information about Forex. During this process, they usually process aspects such as news from the financial market and the economy as a whole. A financial market analyst conducts technical and wave analysis, and creates trading signals that are an effective way for beginners to make profitable deals.
Also, financial analysts on the Forex market make a calendar of events, write out information about interest rates of different banks, study the impact of holidays on currency quotes, and make effective trading indicators. Not necessarily one specialist does all of the above work. Brokers usually have a full staff of financial analysts.
Financial analyst in the Forex market
Responsibilities of a financial market

analyst Forex Analysis.
Production of analytical materials of various types. What does a person need to effectively communicate their position to others? First of all, put yourself in the shoes of the reader, listener, or viewer of the video. So this is also a necessary skill for a financial market analyst.
Conducting seminars for financial market participants.
Creating materials for e-mailing.
Individual consultation of traders in order to improve their professional competence.

Standard requirements for a financial market analyst

The main requirement for a financial market analyst is practical trading experience. The bigger it is, the better. After all, in this case, a person can put himself in the position of a novice in the Forex market. The second necessary requirement is perfect (or at least close to it) technical and fundamental analysis, as well as developed analytical skills with the ability to concisely Express their thoughts. In addition, employers would like a person to have experience as an analyst, not just as a trader. The employee's flexibility and initiative, as well as a sense of responsibility, are also valued.

The ability to work in a team and knowledge of English will also be useful for any specialist. The requirements are, in fact, the most common. A competent trader already has analytical skills, so if you already have some experience in this field and live in the market, then it will not be difficult to become a Forex analyst.

So we know who he is. We figured out that you need to master many subtopics, starting with technical, fundamental and wave analysis and ending with the ability to Express your thoughts in a beautiful and accessible way. Financial analysts usually work on Forex-related websites or in brokerage firms. They get quite well, as they can also combine their work with trading in parallel.