Forex Trading Information

Forex — the foreign exchange (currency or FOREX, or FX) market is the biggest and the most liquid financial market in the world. It boasts a daily volume of more than $5.3 trillion (as of April 2013). Trading in this market involves buying and selling world currencies, taking profit from the exchange rates difference. FX trading can yield high profits but is also a very risky endeavor. Everyone can participate in foreign exchange trading via the Forex brokers.

You can also join a friendly community of traders at the Forex forum.

Latest in Forex

  • 10Markets from UK writes about 10Markets:

    Dear Glutti,

    We couldn't find any trader with that name on our system, please provide us with your trading account number and send us an email to support@10markets.com

    Please note, that if you have any technical issues with the platform - don't h...

  • Wersiv from Germany writes about FreshForex:

    As for me, I like freshforex promotions! Now they offer a cool promo for new customers. They gives beginners $ 1000 to test the broker, its terms and procedures. And good thing is all the profit that I will make using this no deposit bonus can be ...

  • yousof zakaria elhassanen radwan from damietta writes about Fort Financial Services:

    I review this broker because i like their STAR investment service for managers and investors. This is not my first experience with investments and PAMM but STAR of Fortfs has some features that in my opinion are advantages. I personally satisfied wi...

  • Glutti from EU writes about 10Markets:

    Everything was fine for just several months, but after I made profit, took my start deposit, and traded on profited money, then deals started closing slowlier. And when a deal is finally closed, candle is sometimes repainted and has different look in...

Forex Blog

E-Book Review: An Introduction to Japanese Candlestick Charting

Tue, 3 May 2016 14:04

Japanese candlestick charts have become a staple trading tool since a long time ago. An Introduction to Japanese Candlestick Charting had been written by Erik Gebhard of Altavest quite some time before that (in the year 2000). Nevertheless, this e-book can still serve as a primer for newbie...

Rally of EUR/USD Looks Unstoppable

Mon, 2 May 2016 14:57

EUR/USD was rising every single session of the previous trading week, and it looks like the currency pair is not going to stop the rally this week as well. US economic data added fuel to the upward movement as all indicators released today were below expectations. Markit manufacturing PMI fell...

Euro in Symmetrical Triangle Consolidation vs. New Zealand Dollar

Sun, 1 May 2016 18:24

A symmetrical triangle has formed on a weekly chart of the EUR/NZD currency pair. It is not a perfect example of such pattern because the upper slope is a bit steeper than the lower one. Nevertheless, it can serve as a good breakout entry setup considering the fact that it acts as a consolidation funnel...

Forex News

Canadian Dollar Tumbles amid Crude Oil Sell-Off

Canadian Dollar Tumbles amid Crude Oil Sell-Off

Tue, 3 May 2016 20:09

The Canadian dollar fell more than 1% against its major counterparts today as the sell-off of crude oil hurt the commodity-linked currency while poor economic data from China gave traders even more incentive to avoid currencies related to raw materials.

UK Manufacturing PMI Below 50.0 -- Pound Sinks

UK Manufacturing PMI Below 50.0 -- Pound Sinks

Tue, 3 May 2016 15:57

The Great Britain pound dropped against its major rivals today as the manufacturing index dropped unexpectedly, showing contraction of the sector.

Swiss Franc Gains, Ignoring Adverse Fundamentals

Swiss Franc Gains, Ignoring Adverse Fundamentals

Tue, 3 May 2016 12:12

The Swiss franc gained today even though fundamentals did not look particularly supportive for the currency.

Commodity Blog

Crude Oil & Precious Metals Fall as News from China Disappoint

Tue, 3 May 2016 18:14

Futures for crude oil demonstrated significant losses during today's trading as concerns about oversupply were returning to the markets. Additionally, the lackluster performance of China's...

Commodities Technical Analysis, May 2nd — May 6th

Sat, 30 Apr 2016 4:56

The technical analysis, that includes the indicators’ data and major pivot points for WTI Oil, Gold, Silver and Copper as traded on spot market as of April 30th, 2016:...

Gold, Silver & Crude Oil Rally During Wednesday's Trading

Wed, 27 Apr 2016 9:32

Gold and silver rallied today amid speculations that the Federal Reserve will delay planned monetary tightening. The Fed will announce its decision...

Forex Video Zone

Coleman — Why I’m Buying EUR/GBP

Tue, 3 May 2016 15:06

Ian Coleman of First4Trading.net is looking to buy EUR/GBP and highlights the pair in a corrective bearish channel formation in the monthly chart. Ian Coleman: The monthly chart highlights that this pair is in a corrective bearish channel formation. The levels above 0.8062, which was the swing low from 2010 have attracted sellers. Looking at the weekly chart, this could be seen as the target level for the bullish head and shoulders pattern. The target level...

WTI Crude Oil and Natural Gas Forecast — May 3rd 2016

Tue, 3 May 2016 14:50

In this video, the Trader Guy looks at commodities Crude Oil and Natural Gas for the May 3rd session. WTI Crude Oil — We broke down a bit during the session on Monday and broke below the bottom of the shooting star from Friday. That suggests that we will continue to go a bit lower. However, the area from $44 to $42 looks supportive and any supportive candle there, I am a buyer. It just...

EUR/USD and GBP/USD Forecast — May 3rd 2016

Tue, 3 May 2016 14:28

In this video, the Trader Guy looks at currency pairs EUR/USD and GBP/USD for the May 3rd session. EUR/USD — We had a pretty significant move during the trading session on Monday and the euro has broken above the 1.15 level to the dollar finally. So, I think we continue to go higher. This is the beginning of a move much higher and continued destruction of the value of the dollar. I think pullbacks will offer buying opportunities and as a result, I think...