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

  • Mirko writes about Forex Optimum:

    Traded for only a short period of time, processing of order is not the fastest, but satisfactory. There are also enough trading instruments, but mein lieber Gott, spreads are dreadful. I did not manage to make stable profit as I usually do, only a lo...

  • ali from uae writes about ADS Securities:

    this company is kind of money maker and they are playing in market by wide the spread ,edit the client order like they change your buy stop or sell stop ,some times they close your trade when you making the profit

    please stay a way from this bro...

  • Duygu from Turkey writes about AccentForex:

    The company is already working for 6 years. A good indicator of stability. I had the experience of working with other brokers. I have something to compare. In accent I am sure that they do not engage in deception, I have not seen this in all the year...

  • bakti adhikara from Indonesia, Solo writes about Tickmill:

    to be honest as a newbie ,

    trading with ECN Broker like tickmill is a new experience for me.

    Because i am usually trade with fixed spreads broker that provide cent lot trading.

    I heard rumors if in ECN Brokers -spreads will be widening like c...

Forex Blog

EUR/USD Breaks Down After Two Days of Stability

Tue, 24 May 2016 15:17

EUR/USD broke to the downside today after two days of small gains. The major factor that helped the dollar to outperform the euro was the outlook for a June interest rate hike from the Federal Reserve. Macroeconomic data also played its part as the US housing report was superb while the economic sentiment ...

Is There Seasonality in Forex?

Mon, 23 May 2016 15:05

With summer months approaching, it would be curious to see whether the FX market is becoming more or less suited for active trading than during the rest of the year. Summer season is usually associated with whipsawing sideways market that offers little opportunities for day trading. In stock trading,...

EUR/USD Fails to Rally During Quiet Session

Mon, 23 May 2016 14:52

The US dollar has started today's trading on a weak footing but is regaining its strength as of now. As a result, EUR/USD was rising earlier but now is moving lower, breaking below the opening level. Monday was quiet in terms of major events and macroeconomic data from the United States. European...

Forex News

Economic Sentiment Doesn't Look Good for Euro

Economic Sentiment Doesn't Look Good for Euro

Tue, 24 May 2016 19:23

The euro fell against most currencies today, including the US dollar and the Swiss franc, though not the Japanese yen. The indicators released during the current trading session showed that the economic sentiment deteriorated sharply this month.

Dollar Index Higher, But Gains Tempered by Sterling

Dollar Index Higher, But Gains Tempered by Sterling

Tue, 24 May 2016 14:25

The US dollar index is higher today, but the gains are tempered by a UK pound that is gaining ground. Rate hike expectations and better economic data continue to help the greenback in currency trading, even though the US currency is lower against the sterling today.

Japanese Yen Eases After Yesterday's Gains

Japanese Yen Eases After Yesterday's Gains

Tue, 24 May 2016 13:46

Japanese yen is easing today, trading mixed against its major counterparts following yesterday's gains. There are still questions about what's next for Japan, and there is always the possibility that officials will intervene to weaken the yen.

Commodity Blog

Gold Hits 4-Week Low as Federal Reserve Rate Hike Looms, New US Home Sales Surge

Tue, 24 May 2016 18:59

For the fifth consecutive session on Tuesday, gold futures declined, sinking to their lowest level in nearly a month. Due to a looming interest rate hike by the Federal Reserve...

Oil Goes Higher Ahead of Supply Reports from USA

Tue, 24 May 2016 18:57

Crude oil turned positive today as traders were waiting for supply data from the United States. The American Petroleum Institute will release its...

Soybean & Wheat Decline, Corn Avoids Losses

Mon, 23 May 2016 19:40

Soybean dropped today, following the decline of soybean meal. Previously, prices for soymeal were skyrocketing due to concerns about the impact of floods on Argentina's harvest. Yet...

Forex Video Zone

Forex Strategy — Leading Versus Lagging Indicators

Tue, 24 May 2016 11:08

Forex traders use a multitude of data to determine their strategies. One practice that is quite common is to use price action indicators. Traders use these signals to determine where the price is headed and help them to better time entries and exits into trades. For the majority, there are two common types called lagging and leading indicators. Leading indicators signal when a trend or reversal is happening. Therefore,...

USD/JPY and AUD/USD Forecast — May 24th 2016

Tue, 24 May 2016 10:31

In this video, the Trader Guy looks at currency pairs USD/JPY and AUD/USD for the May 24th session. USD/JPY — We did fall during the day and we are trying to test a pretty significant area that has quite a bit of noise in it. So, we could very well turn around and find buyers at the 108.50 handle. If we can break below this level, then it is a selling opportunity...

Selling Silver — O'Hare

Tue, 24 May 2016 10:16

According to Steve O'Hare of First 4 Trading, a strong dollar has impacted hard on the price action in silver and he believes this driver looks set to continue. Steve O’Hare: Over the last few weeks, a strong dollar has impacted on the price action in silver. Historically, May and June are poor performing months for Silver. This move seems to be playing out again this year. We had a rejection from...