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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 1.3650 Initial support at 1.3531 (Mar 5 low) followed by 1.3436 (Mar 2 low). Initial resistance is now located at 1.3705 (Mar 8 high) followed by 1.3788 (Feb 17 high)
Usd Payback Time On Jpy
Usd/Jpy is trading in a corrective decline, shown as a black wave B/2, after our black wave A/1 hit its highs at the 90.76. zone. A Short correction is incomplete, and the market should make at least one more push lower into wave (c), once a current wave (b) finds...
Cable Snapping Lower - A Technician's Perspective
Overall View: Looking for a near-term down-trend continuation. 4 Hour Chart Flows: Short. Price Points: 1.4783, and 1.5194 Looking for: Near-term bearish price action. Momentum: The cable trend went Short on 3rd December, and has meandered sideways since then. The pair can be just as easily bought as sold.
AUD/USD Pops in Return to Risk
Technically speaking, the Aussie has multiple uptrend lines serving as technical cushions along with intraday, 3/9lows, and the psychological .90 area. As for the topside, the Aussie has our 3rd and 4th downtrend lines serving as technical barriers along with the psychological .92 area. Additionally, previous 2010 highs could serve...
USD/JPY Charges Higher
Technically speaking, the USD/JPYs faces our new downtrend lines along with intraday and 2/7 highs. Meanwhile, the highly psychological 90 area could have an influence over movements in the USD/JPY over the near-term. As for the downside, the USD/JPY has multiple uptrend lines serving as technical cushions along with intraday...

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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

Canada's Jobs Growth Likely Slowed In February
The CAD is trading at a two month high versus the USD and has made substantial gains versus European currencies. The outperformance of the CAD is attributed to recent Canadian economic data that points to a stronger than expected Canadian recovery. Canada's Q4 GDP rose at its fastest space nine...
Euro Rallies, Gold Plummets
U.S. Dollar Trading (USD) had a mixed day of trading as strength in Europe was once again reversed in the US session with the notable exception of Gold. Crude Oil Inventories where at 1.6m and helped Oil to small gains. In US stocks, DJIA +3 points closing at 10567, S&P...
Forex Exchange Morning Report
Equities are modestly firmer, currencies little changed, and commodities are lower. US wholesale inventories fell, but the equity market focused more on the detail which said companies' sales rose. The S&P500 is up 0.4%, just shy of its one year high (set in Jan) and banks are 2.1% higher. The...
The RBNZ Expects Interest Rates To Remain At 2.50% Till Mid 2010
The Reserve Bank of New Zealand decided today to keep interest rates at its low level of 2.50% for the seventh straight meeting. Allan Bollard the Governor of the RBNZ said the bank will maintain its policy till mid-2010, before deciding to raise interest rates.
USD/JPY Gains On BOJ Easing Speculation
The dollar was higher against the yen but lower versus the euro on Wednesday. China's exports soared by the most in three years and concerns over Greece's deficit eased. The US budget deficit rose to a record $220.9 billion in February and wholesale inventories unexpectedly slid in January for a...

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