Forex Analysis

Looking for Forex analysis? You've come to the right place. Regardless of which Forex trading systems you use to trade the market, you will inevitably need to look at some analysis from experts at some point. By looking at this type of analysis, you can start to make assumptions about which way the market is headed and use this information to aid your trading. Here are some of the best places that Forex Trading Rookie recommends for your analysis needs.

Baby Pips

If you've spent any amount time on the site, you will notice that we are pretty big on Baby Pips . That's mainly because it's just a great resource. If you like the Forex market or want to know more about it, it can teach you a lot (after you've learned everything here of course).

forex analysis

If you want to know what is going on in the Forex market, check out the analysis offered by Baby Pips. On their main page, you will notice a series of blog posts from the variety of contributors they have on the site.

Whether you're looking for Forex technical analysis or fundamental analysis, they have you covered. You can check out the headlines and click on the posts to read the whole thing.

Action Forex

Action Forex is another good place to go when you need the latest Forex analysis. They do not have quite the vast collection of contributors that Baby Pips does, but they do have some solid information. They can give you an alternative source of information to turn to for a differing view point. They update their stuff a few times per day, so you'll always know what's going on.

They have daily reports on the fundamental and technical aspects of the market.

Daily FX

As the name implies, they keep you up to date with the daily "goings on" in the FX market. Besides the updates on Daily FX the market, they also have some cool indicators that tell you the support and resistance lines for the various currencies in the market. This can come in handy if you are trying to make a trade and want to know if the price is near one of those support or resistance lines. It can potentially help you avoid getting involved in a bad trade or help you stay in a good one.

Take it With a Grain of Salt

Regardless of where you get your analysis from, be sure to remember that it is not the "be all, end all" in the market. You have to figure things out for yourself too. The analysts might be smart, but they are not fortune tellers. They might say that the dollar is getting stronger and it promptly tanks. Use this analysis in conjunction with your trading systems and the indicators that are available from your Forex broker.
Return From Forex Analysis to Forex Market

Return From Forex Analysis to Forex Trading

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