Featured Article

MOST RECENT ARTICLES

GS: G10 FX – London Spot Trader Views – FXWW Chatroom

We remain faithful to our core fundamental views and expect a slightly hawkish FOMC tomorrow. We prefer to be long USD against the commodity currencies into the FOMC and remain neutral on USDJPY. We are short AUD, NZD, CAD and CHF vs the greenback and short EURGBP.  {EU} EURUSD Lower => We like the pair […]


FX: Option expiries for today’s Tuesday NY cut (10:00 NY, 15:00 London)

* EUR/USD: $1.1000(E417mn), $1.1000(E417mn), $1.1030-40(E717mn) * USD/JPY: Y122.50($445mn), Y123.00 ($250mn), Y123.40($498mn) * AUD/USD: $0.7300(A$531mn), $0.7325(A$485mn) * USD/CAD: C$1.2940(210mn), C$1.3000($495mn) —————————- Expiries later in the week * EUR/USD: Jul30 $1.1000(E1.02bn); Jul31 $1.1000(E1.7bn) * GBP/USD: Jul30 $1.5500(Gbp548mn) * AUD/USD: Jul30 $0.7250(A$300mn); Jul31 $0.7250(A$817mn-Barrier expiry)  * NZD/USD: Jul29 $0.6670(NZ$208mn) * USD/SGD: Jul29 Sgd1.3600($300mn), Sgd1.3800($800mn) 


China: What happens from here? – FXWW Chatroom

The focus for equity clients today is China. What happens from here? The Shanghai Composite saw its worth daily % fall since February 27, 207 on Monday (June 27, 2015), leaving more than two-thirds of companies in the index to hit their down limit.  “Although our strategy and Sales and Trading teams see the possibility […]


USD/JPY approaches key support area

USD/JPY found some support at the top of the Ichimoku cloud (123.06), but remains offered overall Next key support level seen at 122.91, which is the July 14th low The post USD/JPY approaches key support area appeared first on www.forextell.com.


Citibank Trade Idea of the Week: Buy USD/JPY

Trade idea: Buy USDJPY 123.70, target 125.75, stop loss 122.75 USD looks to be in the early stages of an uptrend approaching potential Fed kick-off in September. Chairman Yellen has stopped short of explicit signals on tightening and probably will not do so at the FOMC meeting this week. However, in the run-up to the […]


UBS on Gold Positioning

On balance, positioning is probably gold’s most positive feature right now. With net longs sitting at the lowest levels in more than a decade, the scope for further selling at this point is becoming increasingly limited. That gold prices are back to levels last seen in 2010 and the fact that positioning is now very […]


Barclays Daily Views – FXWW Chatroom

EURUSD: We are overall bearish and would use upticks as an opportunity to sell at better levels. Resistance near 1.1045 is expected to generate selling interest. Our downside targets are towards 1.0675 and then the 1.0460 year-to-date lows. USDJPY: Consecutive “doji” candles signal lack of directional traction. We are neutral in the short term. Risk is a […]


USD Updates – FXWW Chatroom

BNPP: USD focus on the data rather than FOMC statement this week, stay patiently long USD The pullback of the USD in recent trading sessions has been hand-in-hand with a pullback of US yields with the 2yr Treasury falling back below 70bp, triggered by data inadvertently released by the Fed showing that Fed board staff are […]



About Forexsites

Forexsites was established in 2002 and cater 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 and inform you of 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 consistently high quality.

Follow Forexsites on Twitter. For editorial inquiries please e-mail: [email protected]. For advertising opportunities please email [email protected].