FOREX SIGNALS : Forex signals are the services presented by the forex dealers and the independent forex analysts to the forex traders for certain amount of charges. There are certain companies and individuals who examine the movement of the market after monitoring it regularly and provide the forex traders or the subscribers of the forex signals with the data after thorough analysis through e-mail, SMS, pager alerts and desktop alerts.The Forex signals are formed after analyzing several factors responsible for the movement of the market. The fundamental analysis as well as the technical analysis may be used to analyze the market conditions and several different indicators are used for identifying trends, entry and exit points, stop loss points, etc. And after the date that is completely analyzed it is sent to the forex traders through the choice of their medium and the forex trader is free to use it to the way he wishes. Generally the forex signal services generate the signals for the major currency pairs like USD/JPY, USD/CHF, GBP/USD, and EUR/USD. It is with a well for any forex signal service to provide the signals for the lesser known currency pairs and the fee for this is quite high. Subscribing to a forex signals service may be very expensive and can even go above hundred dollars a month. Importance of the Forex signals is debatable as certain forex traders feel that this is useful as whereas the others traders who are novice in the field of forex trading may find it very helpful.