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

  • Makmun Herri Rojiqien Martadireja from Indonesia writes about ForexMart:

    I really feel the experience of Different Trading in ForexMart , Closing Fast Execution and Monitoring Trading is very easy to see cabinet simple personal account . I garansikan you for Trading together in ForexMart

  • Tenco from Spain writes about Bolmax Management:

    Honestly so-so broker, execution speed is not impressive and breakevens suspiciously often go with gap. So I think their conditions maybe not horrible but also not competitive as for todays market.

  • Daniël from North Holland writes about Fort Financial Services:

    Hello! I would like to say first that the Fort Financial Systems is a new broker for me. I opened my account only about a week ago just because I want to test out their services. I was pleasantly surprised with their trading conditions, I didn't real...

  • Antares writes about LMFX:

    Unfortunately, this turned out to be one of those companies whose terminals often hang freezed under high volatility. It's awfully irritating when trading is on and and you can't operate with terminal, and it often turns into loss trades. My opinion ...

Forex News

Euro Finally Pulls Back Against Other Currencies

Euro Finally Pulls Back Against Other Currencies

Wed, 10 Feb 2016 14:58

Euro is finally pulling back against many of its other currencies, dropping as Forex traders consider that the ECB will need to make a move soon. Euro has been heading higher in recent days, gaining ground in spite of uncertainty in the market and other issues that would normally be considered

Australian Dollar Remains Below Opening Level After Trimming Losses

Australian Dollar Remains Below Opening Level After Trimming Losses

Tue, 9 Feb 2016 18:08

The Australian dollar trimmed today's losses against its major rivals, almost erasing them against the US currency, but remained below the opening level as the market sentiment was unfavorable to currencies related to commodities and growth. Futures for oil fell almost 3 percent during the current session, and US crude dropped below

Mexican Peso Touches Record Low vs. Dollar

Mexican Peso Touches Record Low vs. Dollar

Tue, 9 Feb 2016 17:47

The Mexican peso declined today, reaching the all-time low versus the US dollar, as risk aversion continued to dominate markets and crude oil extended its decline, hurting currencies associated with risk. Fundamentals do not look that bad for the peso as Mexico has a solid economy. As analysts point out, the Mexican

Forex Blog

Biggest Forex Scam Pt. X (Christopher B. Cornett)

Mon, 8 Feb 2016 19:48

Unlike other financial markets, the Forex market has very little legal and capital restrictions. Thus, it is a blessing for a beginner who lacks financial strength. However, con artists misuse the FX market for their personal gains. Thus, it is a must to scrutinize the schemes related to the foreign exchange trading. Only

Disfigured Double Top on GBP/CAD Weekly Chart

Sun, 7 Feb 2016 14:51

Not all chart patterns are created to look like an ideal example — some of them look horribly despite meeting the formal requirements of their kind. The latest development on GBP/CAD weekly chart is just such a case. The pattern began forming back in July 2015. The first top was reached in the end of August,

Forex Brokers Update — February 6th, 2016

Sat, 6 Feb 2016 21:27

With nearly a month since the last brokers update post, there is quite a lot of new things to report on. Three new brokers have been listed on during the period: Vipro Markets — a classic Cypriot Forex broker with MT4 platform and $25 minimum account size.

Commodity Blog

Investors Seek Safe Haven, Gold Provides Solution

Mon, 8 Feb 2016 23:32

Gold rallied today, soaring more than 3 percent, and other precious metals joined the parade (with silver surging more than 4 percent) as investors were looking for safe assets amid prevailing risk aversion. Both US and European stocks collapsed on Monday, making traders nervous, and the decline of crude

Crude Oil Falls as Hopes for Supply Cut Deal Fade

Mon, 8 Feb 2016 22:48

West Texas Intermediate crude oil traded near the $30 level today as futures for both WTI and Brent grades dropped more than 2 percent. Prices dived as hopes are waning for an agreement between major oil producers about output cut. As prospects for the deal fade, traders returned their

Technical Analysis, February 8th — February 12th

Sat, 6 Feb 2016 9:57

The technical analysis, that includes the indicators’ data and major pivot points for Brent Oil, Gold, Silver and Copper as traded on spot market as of February 6th, 2016:

Crude Oil


Moving AveragesRSIParabolic SARCCI
Short Neutral Short Neutral

Floor pivot points

3rd Sup2nd Sup1st

Forex Video Zone

EUR/USD and GBP/USD Forecast — February 10th 2016

Wed, 10 Feb 2016 10:27

In this video, the Trader Guy looks at currency pairs EUR/USD and GBP/USD for the February 10th session. EUR/USD — We initially fell during the session on Tuesday and turned back around the 1.12 level. The 1.12 level offered enough support to have us going higher. We actually pierced the 1.13 level and really with

WTI Crude Oil and Natural Gas Forecast — February 10th 2016

Wed, 10 Feb 2016 10:04

In this video, the Trader Guy looks at commodities Crude Oil and Natural Gas for the February 10th session. WTI Crude Oil — The West Texas Intermediate fell during the day testing the $28 level. But it did not break down below it. So I think we may get a little bit

Daily Forex News and Analysis — February 10th 2016

Wed, 10 Feb 2016 9:36

Wall Street finished in the red as investors worried over the Finance sector. The Dow Jones fell by 0.08%, the S&P 500 by 0.07% and NASDAQ lost 0.35% from its value. The US Dollar traded low against most major currencies with concerns over global economic growth mixed with low Oil prices