I hope you find it useful. There's more Forex information on my web site - it would be great to hear from you!

So how do you know what the outloook for Forex trading is? Are there any resources which give you an indication on which way the City pros think the market will go?

Well, I found this excellent Forex Trading video by Dailyfx.com (video at the end) featuring thier main technical strategist who gives a very indepth yet brief description on the general concensus on the major currency pairs.

Ofcourse you should do your own research – thats a must with Forex Trading. Its good to get a feel if your a little inexperienced of what the analysts think but you should be analysing your own Forex Trading charts and deciding for yourself. Check the previous levels of support and resistence, your indicator(s), Fibonacci levels, candlestick chart patterns, Moving Averages etc on your Forex Trading charts for the right set up – the one you have practised before!

Plan Your Trade and then Trade Your Plan!