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

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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
Chart Of The Day: EUR/USD
Long-term price action on the EUR/USD daily chart, as shown, has come down a long way to approach the very significant uptrend line that has served as dynamic support since at least the beginning of 2006. This long-term uptrend support line is represented on the chart by the long green...
Daily Technical Strategist
A follow-through on Friday and Monday's weakness saw EUR attacking its LT trendline established since Feb'2006 today.Convincingly invalidating that level will leave the pair vulnerable to the downside towards its range breakout point at 1.4565.If the pair maintains its present weakness and closes lower today, resumption of its medium term...
FX Thoughts for the Day
Finally a break of the Resistance at 1.1035-50 has been seen today. The lower than expected German Ifo has triggered this rise. The Max High at 1.1060 already breached the pair could head higher later in the day towards 1.11. We have been calling for a break out for sometime...
Elliott Wave - EUR/USD, GBP/USD
The target in this week was achieved at 1.4900 after the zig-zag move that we have been monitoring. The dollar was stronger against the euro after the news released on Friday; any further poor euro news may add to near-term dollar strength, which will also have an influence on the...
Currency Technical Report
Euro reached the resistance levels we had set at 1.4800 area, according to our analysis yesterday, and then moved to new lows. There are only few things to add to our yesterday's analysis. The formation of an important low at 1.4450-4550 is a possible scenario and we will move towards...

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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 and the Dollar Change Direction as Hurricane Gustav Threatens the Gulf
After gaining broadly in overnight trading on the back of a decline in oil and weak economic reports from Europe, the dollar changed direction once speculation rose that Hurricane Gustav might enter the Gulf of Mexico and threaten oil production. The Gulf, which is responsible for about 20% of U.S....
Forex Fundamental Outlook
. Data released in the U.S. today saw July new home sales climb 2.4% to an annualized 515,000 rate, following yesterday's existing home sales data. Second, the August Richmond Fed manufacturing index remained steady at -16. Third, the August consumer confidence index climbed to 56.9 from 51.9. Many recent U.S....
U.S. Market Update
The USD found some support overnight after the soft German IFO data sent the euro below 1.45. The USD/JPY cross was unable to gain the 110 figure but did bounce more than 50 pips before the New York equity open, while Cable traded as low as 1.8325, another fresh two-year...
Foreign Exchange Market Daily Update
The US dollar retained its strength against a basket of currencies on the outlook that a slowdown in the U.S. is spreading to the rest of the world. Despite news that U.S. home prices fell at a record pace in the second quarter, the pace of monthly declines in U.S....
Usd Gains on Eurozone Economic Weakness
The Usd showed considerable strength in the early trading session based on negative economic data out of the Eurozone. The EurUsd fell over 150 pips to the 1.46 level, while the UsdJpy rose 44 pips to the high 109 price. The GbpUsd experienced substantial losses trading with a 1.83 handle,...

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