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Forex Sites
Looking for great Forex sites with information on trading, analysis and brokers? Many people love to trade in the Forex markets and they are constantly on the look out for great Forex sites. Here are some tips on finding great Forex sites.
There are thousands of Forex sites, while many of them are junk, there are a few that truly offer a great resource for trading Forex. Forex stands for foreign exchange market, which happens to be the world’s largest market with close to 2 trillion dollars in trades each day. Many people love Forex, because there is no central market location, so Forex can be traded 24 hours each day from any location in the world.
Most people that trade Forex, sign up with a broker and use their broker’s sites for trading, analysis and certain resources, but just because you use a certain broker, shouldn’t limit you to the amount of Forex sites that you visit.
There are many great Forex forums that you can visit daily for great opinions, new trends and to ask questions Forex forums are one of the leading Forex sites visited. For people that are interested in crunching data and analysis, there are plenty of Forex sites that host huge reservoirs of data for your number crunching needs.
You can also visit Forex sites that have many tutorials on trading Forex and using certain trading tools. There are even tutorials on learning how to analyze data and how to read charts. So if you are into Forex trading, check out the above categories of Forex sites that can help you be a better trader.
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Recent Forex News
Forex Technical Analysis Reports (ActionForex.com)
Technical analysis reports from selected analysts around the world on forex market. Available in ActionForex.com
FX Technical Commentary
Euro 1.4750 Initial support at 1.4634 (Aug 27 low) followed by 1.4571 (Feb 26 reaction low). Initial resistance is now located 1.4777 (Aug 27 high) at followed by 1.4808 (Aug 25 high).
Daily Forex Market Commentary
The proximity of Labor Day weekend surely doesn’t make things easier in the currency markets. Nor did the half-baked measures at Fannie Mae. The dollar closed slightly lower against the euro and franc on Wednesday, but basically flat versus the pound and yen. However, trading was quite volatile. The dollar...
Usd/Jpy The Yen, Oh The Poor Neglected Yen
This pair has really done very little in the past seven days, losing its momentum and trend it seems. Traders can use the Fibonacci levels shown here to gauge intermediate support and resistance. The pair has also been having quite a few run-ins with its 20 day SMA. Daily volume...
Chart Of The Day: USD/CAD
Long-term price action on USD/CAD (a daily chart of which is shown) has come down decisively off the significant downtrend line (in red) that has served as resistance for at least 5 years. After retreating from this resistance line last week, price has gradually descended from the swing high. Going...
$/Swiss, Time to Short is Close.....
$/swiss is chopping from yesterday's 6 month high at 1.1085, but there lots of negatives emerging. They include a quick turn lower from yesterday's high (no follow through), a test of longer term resistance at yesterday's high (see longer term below), a market that's overbought after the sharp gains since...
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Forex Fundamental Analysis Reports (ActionForex.com)
Fundamental analysis reports from selected analysts around the world on forex market. Available in ActionForex.com
Oil Threatening Dollar Gains
U.S. Dollar Trading (USD) was on the backfoot early in the day as commodities found strength and recent dollar gains were pared back. US Durable Good Orders were significantly higher than expected in July coming at 1.3% (.1% expected) putting the Dollar bulls back in control. Oil surged higher a...
Forex Exchange Morning Report
Hawkish ECB commentary knocked USD lower in London before the dollar was rescued by a stronger than expected read on US July durable goods orders, which saw DXY gain as much as 0.7% from its lows before cooling slightly in late NY. DGOs rose firmly in July plus June was...
Hawkish ECB Talk Helps Euro
The dollar traded mixed Wednesday after US durable-goods orders unexpectedly advanced in July and oil prices rose for a third day as Tropical Storm Gustav is moving toward production platforms in the Gulf of Mexico. The yen was little changed despite higher US stock prices. The euro rose on hawkish...
Be Prepared! US Preliminary GDP Tomorrow At 12:30 GMT
Expectations for this quarter reveal that the preliminary U.S. GDP figures will probably rise from 1.9% on the 'Advance' publication to 2.6% on the 'Preliminary'. Previous surveys have shown that publications that go inline with market forecasts tend to support the Dollar, they have also shown that in cases...
New York Session Recap
Better than expected US economic data helped offset higher oil prices in the NY session and boosted the greenback higher against the majors. Oil jumped towards a close near $118.35 after opening the session about $1 below that. Hurricane Gustav has traders everywhere wearing their meteorologist hats and we expect...
Newsfeed display by CaRP
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Forex Technical Analysis Reports (ActionForex.com)
Technical analysis reports from selected analysts around the world on forex market. Available in ActionForex.com
FX Technical Commentary
Euro 1.4750 Initial support at 1.4634 (Aug 27 low) followed by 1.4571 (Feb 26 reaction low). Initial resistance is now located 1.4777 (Aug 27 high) at followed by 1.4808 (Aug 25 high).
Daily Forex Market Commentary
The proximity of Labor Day weekend surely doesn’t make things easier in the currency markets. Nor did the half-baked measures at Fannie Mae. The dollar closed slightly lower against the euro and franc on Wednesday, but basically flat versus the pound and yen. However, trading was quite volatile. The dollar...
Usd/Jpy The Yen, Oh The Poor Neglected Yen
This pair has really done very little in the past seven days, losing its momentum and trend it seems. Traders can use the Fibonacci levels shown here to gauge intermediate support and resistance. The pair has also been having quite a few run-ins with its 20 day SMA. Daily volume...
Chart Of The Day: USD/CAD
Long-term price action on USD/CAD (a daily chart of which is shown) has come down decisively off the significant downtrend line (in red) that has served as resistance for at least 5 years. After retreating from this resistance line last week, price has gradually descended from the swing high. Going...
$/Swiss, Time to Short is Close.....
$/swiss is chopping from yesterday's 6 month high at 1.1085, but there lots of negatives emerging. They include a quick turn lower from yesterday's high (no follow through), a test of longer term resistance at yesterday's high (see longer term below), a market that's overbought after the sharp gains since...
Newsfeed display by CaRP
Forex Fundamental Analysis Reports (ActionForex.com)
Fundamental analysis reports from selected analysts around the world on forex market. Available in ActionForex.com
Oil Threatening Dollar Gains
U.S. Dollar Trading (USD) was on the backfoot early in the day as commodities found strength and recent dollar gains were pared back. US Durable Good Orders were significantly higher than expected in July coming at 1.3% (.1% expected) putting the Dollar bulls back in control. Oil surged higher a...
Forex Exchange Morning Report
Hawkish ECB commentary knocked USD lower in London before the dollar was rescued by a stronger than expected read on US July durable goods orders, which saw DXY gain as much as 0.7% from its lows before cooling slightly in late NY. DGOs rose firmly in July plus June was...
Hawkish ECB Talk Helps Euro
The dollar traded mixed Wednesday after US durable-goods orders unexpectedly advanced in July and oil prices rose for a third day as Tropical Storm Gustav is moving toward production platforms in the Gulf of Mexico. The yen was little changed despite higher US stock prices. The euro rose on hawkish...
Be Prepared! US Preliminary GDP Tomorrow At 12:30 GMT
Expectations for this quarter reveal that the preliminary U.S. GDP figures will probably rise from 1.9% on the 'Advance' publication to 2.6% on the 'Preliminary'. Previous surveys have shown that publications that go inline with market forecasts tend to support the Dollar, they have also shown that in cases...
New York Session Recap
Better than expected US economic data helped offset higher oil prices in the NY session and boosted the greenback higher against the majors. Oil jumped towards a close near $118.35 after opening the session about $1 below that. Hurricane Gustav has traders everywhere wearing their meteorologist hats and we expect...
Newsfeed display by CaRP