Featured Article



From the FXWW Chatroom: *$1.2434 Feb6 high *$1.2406 Feb7 high *$1.2368/85 76.4% $1.2434-1.2246/Feb1 low *$1.2326/45 50%/61.8% $1.2406-1.2246 *$1.2314 Feb6 low($1.2307 38.2% $1.2406-1.2246) *$1.2300-10 Offers reported/Expiries E1.35bn *$1.2287 Intraday high Asia *$1.2269 ***Current market price 0524GMT THURSDAY*** *$1.2252 Intraday low Asia *$1.2246 Feb7 low(NY) *$1.2227 50% $1.1916-1.2537(2018 range) *$1.2214 Jan22 low *$1.2197 Rising channel base *$1.2156 […]

8 Feb: Forecast: FX: US$/Majors + trade ideas: FXCharts

EURUSD: 1.2266 EurUsd is lower today as the dollar shorts get squeezed and is closing the day towards the day’s range of 1.2405/1.2245 There is little data due today (German Trade Balance, US Jobless Claims) and so it will be risk sentiment, as measured through the stock markets that again decides the direction. 1 hour/4 […]

SNAPSHOT: Below gives levels of key markets ahead of London session: FXWW

From the FXWW Chatroom: – Xetra-DAX called up 131 at the open – FTSE-100 called up 26 at the open – Dow called down 291 at the open – US 10-year note yield trades down 3.8bp to 2.764% – Bunds called unchanged at 158.86 – Spot euro-dollar is up 0.1 cents, currently at $1.2387 – […]

The Aussie Dollar Stopped Falling As Stocks Recovered – What’s Next? By Greg McKenna

79 cents. That’s where the Australian dollar sits this morning after falling as low as 0.7835 overnight around the time of the stock market nadir and during the period where risk assets were most offered. It’s been a solid bounce from a level that was only `10 or 15 points above the 50% retracement of […]

Asian Stock Rebound Falters as U.S. Futures Drop: Markets Wrap: Bloomberg

Topix retreats from highs; S&P 500 futures, China shares drop Treasury yields decline after spike on Tuesday; oil advances What promised to be a recovery in equity markets after the global rout faltered in Asia as U.S. stock-index futures declined. Treasury yields fell after spiking on Tuesday and the yen gained as investors turned back […]

FX for Wed 7th: By Mary McNamara

FX moves took a back seat compared to those seen across on stock markets during the last session. The US$ is still in focus here as, perhaps surprisingly, it is little moved for the week. The only high impact data left for today is Crude Oil Inventories but, in these skittish markets, it is probably […]


From the FXWW Chatroom: We kicked off the session with Kiwi Q4 labour report. Decent jobs growth and unemployment rate improved to 4.5%, multi-year low – our macro strategist Bipan said we are now at levels consistent where it was in 2008. The private wages may have fallen on the quarter but note the year-on-year […]

7 Feb: Forecast: FX: US$/Majors + trade ideas: FXCharts

EURUSD: 1.2378 EurUsd is finishing the day roughly where it began, near 1.2400, after having recovered sharply from a swift dip to 1.2313 in NY. 1 hour/4 hour indicators: Neutral Daily Indicators: Turning lower Weekly Indicators:  Turning higher Preferred Strategy:  The momentum indicators are still indecisive, with the short term charts looking neutral while The […]

About Forexsites

Forexsites was established in 2002 and caters primarily for beginner to intermediate traders.

Forexsites offers currency specific information, sector specific news, and many other useful features helping to create informed trading decisions.

If you are a trader that wants to move to the next level then Forexsites can help through its many worldwide contacts. You may want to enter the Hedge Fund industry but don’t know where to start Forexsites can assist in this process and assess through its contacts whether you have what it takes in this specialist field.

You may be entering the forex markets for the first time and are unsure where to start Forexsites will guide you at each step informing you on what you are doing right and where you are going wrong.

The forex industry is growing daily and there are thousands of sites offering information. Forexsites goal is to deliver information to not only foreign exchange traders but all traders worldwide in a convenient format easily accessed and of a consistently high quality.

Follow Forexsites on Twitter. For editorial inquiries please e-mail: info@forexsites.com. For advertising opportunities please email adv@forexsites.com.