Featured Article


Morgan Stanley: More downside in EUR/JPY ahead

FX Strategy Special Note: Calling EUR/JPY Lower * While we had been calling for a tactical correction higher in EUR, the probability of such a correction has fallen after aggressive rhetoric from ECB policy-makers. * Meanwhile, the Japanese authorities have attempted to de-emphasise JPY weakness as part of their overall growth and inflation strategy. * […]

Goldman Sachs Spot Desk Strategies

POSITIONING => After Friday’s price action on the back of the Draghi comments, our positioning is USD long against the G10 spectrum, namely vs EUR, JPY, GBP and NZD. {EU} Short EURUSD => We are short cash and maintain our downside option with ECB 4th Dec our target. Levels for the session: Support at 1.2360, […]

Both FX indices poised! by Mary McNamara

Both FX indices are poised at key levels. The USDX is poised just under resistance from the 2010 highs. Any bullish break of this 88.50 level would suggest a test of 89.50 and then 90. USDX 4hr: USDX monthly: The EURX is at a key level of its own though. The 4hr chart shows how […]

Session Data for Mon Nov 24 (GMT-5:00 ET)

Forex Trading Opportunities for the Week Ahead by Sam Eder

I plan my trading for the week ahead each week. Here are the Forex trading opportunities I will be stalking this week. Note that this is my current view, but if market conditions change my view can change too. Generally I will trade in alignment with what I have noted here, though I will wait for […]

Trade Week Analysis: Central Banks driving moves by Mary McNamara

Last week:  Last week was a good week for TC and trend trading with two TC signals. One winner and one loser: E/J= 270 pips and EUR/GBP = -15 pips. Friday was a busy trading day following news that the PBOC announced an interest rate cut and the ECB discussed further easing, each with the aim of stimulating growth. […]

Be Mistake Free by Sam Eder

You make more money by eliminating mistakes than by improving your entry. Elite traders prepare for their trading like an elite athlete prepares for an event the night before. They practice rituals to attain peak trading performance, trade in the zone, and be free of conflict and negative emotion. By being in this optimal state […]

USDJPY: Opportunity for bulls by Reece Marini

USDJPY M30 The current 1:1 (Light blue) dip is offering an opportunity for dollar bulls to add to current long positions, as long as the market can continue to attract bids above this level look for a push higher to test the 61.8 fib at 120.000. However any break below this level will likely see […]

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.