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

  • alif syamsi from malaysia writes about ForexTime (FXTM):

    I'd been dealing with forex for 3 years, correct choice of a trading platform is crucial to your trading life. I'd used several brokers before someone recommended FXTM to me in the end of 2013. I opened a live account it's ECN account, fortunately I ...

  • Husein Ali Zeki from Malaysia writes about XM.COM:

    Greetings! XM.COM is amazing broker, Efficient team! very fast millisecond time execution, fast server, Ive been trading with XM and I'm very happy.

    I have one request from XM.COM management to bring back my Leverage to the normal as I'm totally d...

  • Vasile ion from România writes about Vomma Trading:

    Don't open an account with this broker, don't even deposit. They are Scammers and liars.

    They will continue asking for documents when you want to withdraw and even if you send the right documents they will reject them.

    They have very big del...

  • Redas from Lithuania writes about ForexMart:

    Here is a thing about this "regulated" broker. Actually yes, they are regulated at CySEC as "Tradomart Ltd"

    But this license doesn't mean anything for them and I read that regulated at...

Forex Blog

EUR/USD Resumes Decline After Good New Home Sales Data

Tue, 26 Jul 2016 15:42

The EUR/USD currency pair has been falling during the day with some minor technical corrections along the way today. The US dollar continued to rise versus the euro following particularly good figures coming out on the US new home sales. The general trend remains pretty clear in EUR/USD these days....

Forex Brokers Update — July 24h, 2016

Sun, 24 Jul 2016 19:54

Three new brokers became listed on this week: JCMFX — an offshore company registered in Saint Vincent and the Grenadines. JCMFX offers Forex, CFD, and gold & silver trading starting from $100 via MT4 platform. Hydra Markets — a Georgian Forex broker with standard...

AUD/NZD to Finalize Double Top on H4 Chart

Sun, 24 Jul 2016 9:39

The Australian dollar had a rally going against the New Zealand dollar from July 8 through July 19. AUD/NZD has been consolidating in a kind of a double top pattern since then. The pattern is completed only when the right top's slope reaches the neckline, but it is already time...

Forex News

Aussie Moderates After Earlier Spike

Aussie Moderates After Earlier Spike

Tue, 26 Jul 2016 13:06

Australian dollar is modifying its trajectory right now, pulling back a little bit after a spike earlier today. Aussie is still mostly higher against its major counterparts, but the gains are a little more subdued.

Japanese Yen Gains on Change in Stimulus Expectations

Japanese Yen Gains on Change in Stimulus Expectations

Tue, 26 Jul 2016 12:23

Japanese yen is gaining ground today, heading higher against most of its major counterparts. The latest expectations for stimulus have changed, and that means that the yen is benefitting from the idea that actual stimulus won't involve as much as originally expected.

German IFO Helps Euro in Forex Trading

German IFO Helps Euro in Forex Trading

Mon, 25 Jul 2016 13:32

Euro is mostly higher today, thanks in large part to the latest German IFO reading. Although nothing to be too excited about, the most recent data offers some hope for the embattled eurozone and shows continued optimism for what's next — even with all of the downside risks emerging for the 19-nation currency region.

Commodity Blog

Cattle Rebounds on Lower Than Expected Supply Growth

Tue, 26 Jul 2016 21:41

A lower than expected increase in US livestock and beef supplies reported on Friday in the USDA’s Cattle on Feed report has buoyed the market over the last...

US Crude Falls to Lowest Level Since April on Oversupply Concerns

Tue, 26 Jul 2016 17:32

Oil prices fell on Tuesday as investors feared oversupply issues. Brent and US crude prices hit three-month lows due to rigorous oil drilling activities...

Gold Prices Weaken over Rising Federal Reserve Rate Hike Expectations

Mon, 25 Jul 2016 17:27

Gold prices started off the week in negative territory. The yellow metal weakened over rising expectations of the Federal Reserve raising interest rates later...

Forex Video Zone

Trading Forex — Two Main Kinds of Technical Indicators

Tue, 26 Jul 2016 17:39

There are two main kinds of technical indicators. Learning about technical analysis in predicting price action is complicated. Technical indicators are characterized into two categories — oscillators and momentum indicators. Oscillators are also known as leading indicators. This is because they give signals before a new trend or a reversal takes place. In other words, they give early hints if the price is...

Daily Market Roundup — July 26th 2016

Tue, 26 Jul 2016 16:11

Crude Oil hits a new three month low as stocks slip while the yen rises strongly. The market is looking to tomorrow's FOMC release for more clarity on the US dollar which remains fairly strong. The EUR/USD pair remains within a reasonably gentle bearish channel, but is trading above 1.10 again and not going anywhere quickly. The USD/JPY pair fell sharply during the Asian session after breaking down...

USD/JPY and AUD/USD Forecast — July 26th 2016

Tue, 26 Jul 2016 15:47

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the July 26th session. USD/JPY — we initially tried to rally during the trading session on Monday, but we turned around to form a bit of a shooting star. So, this shooting star breaking down to the 105.00 level and with that being the case, I think we have the opportunity to buy a supportive candle. So, with this I feel...