Featured Article

MOST RECENT ARTICLES

EURUSD: Euro higher, US$ under pressure ahead of the FOMC by FX Charts Daily

EUR/USD: 1.0975 The dollar remains under heavy pressure today after yet more soft USA data (Consumer Confidence) as the market awaits the outcome of the FOMC Meeting due later in the upcoming US session. The Fed is expected to keep policies unchanged and there is little expectation of any change in the language in the […]


Indices/Commodities Outlook by FX Charts Daily

  INDICES/COMMODITIES S&P Futures 2111 The S+P has finished the day’s session on a firm note, but not before a choppy session that saw a downside clean-out to 2087. It has been unable to recover to reach yesterday’s all time high though, leaving the larger technical picture intact as the market awaits the FOMC meeting […]


US$: its crunch time! by Mary McNamara

The US$ has slipped further following yet more weaker than expected US economic data and with some nerves ahead of Wednesday’s FOMC announcement. This shift in US$ sentiment is close to tipping the the FX indices into a ‘Risk On‘ alignment, something I had pointed to over the w/e. This FOMC statement will be keenly watched for any […]


Bank of Japan Meeting Preview

via Citibank: The BoJ is likely to lower its economic outlook for FY 2014/2015 at the meeting April 30, but Japan economists in Citi Tokyo don’t expect any big change in the long-term story. The growth outlook for FY 2016 will be left unchanged at 1.6%. For FY 2017, which will be the first look, […]


Cable: Bulls are back in control

GBPUSD Daily The 1:1 (Purple) and 61.8 Fib that coincided at 1.51750 has fail to attract continued selling from the bears. The 1:1 (Purple) correction was the largest correction in the recent bear trend and the failure of this level to attract solid selling interest is an indication that the current trend is now over […]


USD/CAD – Bearish outside day; test of 1.20 likely by Milan Cutkovic

USD/CAD has posted a bearish outside day yesterday and a test of the 1.20 support level seems inevitable. While downside momentum has been very slow in the past few days, a breach of the aforementioned level could change that as we would likely see further position covering and fresh selling from fast money. Sub-1.20, there […]


Trade the “Cards as They are Dealt” by Sam Eder

Too many traders take a one-card-trick approach to exits. They place a profit target and hold on for dear life. Instead, the smart trader plays the cards as they are dealt. Think of it like this: The trader’s first card is the equivalent of an Ace – The price goes quickly in the direction of […]


A look at Gold & Silver prior to April’s FOMC by Mary McNamara

Gold and Silver are both hovering near major support levels ahead of Wednesday’s April FOMC meeting. The outcome of this meeting has the potential to shift the US$ and, thus, both of these metals. In this post I look at the charts of both metals and some of the key ETFs and stocks in an […]



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].