Daily Digest:
19 March 2024: US and global stock averages rebounded Monday led by Alphabet, with Apple in talks with Google, re their Gemini AI; focus now on a possible hike from the Bank of Japan Tuesday, then the Fed dot plot chart Wednesday

Fx, foreign exchange or the forex market is the world's most liquid and largest financial market. We are here to guide you and explain the fx market, where the exchange of currencies (e.g. USD, EUR, bitcoins) takes place.

Latest Analysis

Warmer US Inflation Data Puts Focus on the Fed’s Dot Plot Chart This Week

Macroeconomic/ geopolitical developments US CPI was warmer than expected in February, surging by 0.4% month-on-month and 3.2% year-over-year. The rise… Continued

Negative signals on the Euro

Euro negatives (EURUSD forecast) Modest positive range bias for the US Dollar Index  (DXY forecast)  Broadly FX markets are trapped in sideways Continued

US Industrial Production and Michigan Consumer Sentiment Expectations - 15th March

What to expect from US Industrial Production data Scheduled for release at 14:15 GMT on Friday, March 15, the US… Continued

Education Videos

Fundamental Analysis

In this Master Academy educational video and article, we are looking at the basics of Fundamental Analysis. Fundamental Analysis There… Continued

Asset Classes

In this article and accompanying video we are looking at the different asset classes that investors and traders can invest… Continued

Trend, Trendlines and Channels

In this Master Academy educational video and article, we are introducing the concept of Trend, Trendlines and Channels. What is… Continued

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What is FX Explained and why are you here?

  • Are you interested in Forex Trading and just do not know where to start?
  • Are you currently trading and struggling, finding it difficult to achieve consistent profits?
  • Do you not fully understand some of the language being used on other FX or Trading websites?
  • Are you having difficulty choosing a Broker, or are trying to decide on a new Broker?

FX Explained is here to help and guide you. Forex explained in an easy way!

We have a passion for Financial Markets and for helping those trying to find their way in the complicated world of Currency Trading and Investing.

Whether you are a complete novice, or seasoned veteran, we believe that our high level of expertise, combined with a simple approach will help you to develop confidently in this sometimes difficult world of forex trading.

We aim to:

  • Be a guide for you in how FX Trading works.
  • Offer trading tools that you can use in your everyday trading.
  • Provide a comprehensive knowledge base that you can draw on.
  • Help you decide who you should trade with and pick a Broker.
  • Provide timely updates on important FX developments (via email).

So join the FX Explained community to help you become a better trader! We don’t show you how to trade, we help you to become a Trader!

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