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

  • Frank from France writes about Bolmax Management:

    During lattest time, slippages got to happen much more frequently. The matter is not in my computer as I keep it clear most of time and other terminals work normally. Closing of trades takes approximately up to five seconds though it had been instant...

  • Jae from south korea writes about ForexTime (FXTM):

    Great broker for scalping, fill orders with pretty tight spreads on majors, I try to avoid Asian sessions, so don't know how good are spreads in this times.

    Had only 3-4 requotes in 200+ orders, what's very impressive for retail brokerage.

    Suppor...

  • Nicola Svetlov from Ukraine writes about NewForex:

    I’m novice but decided to study everything. At newforex i’m since last year. I’m not waiting for fast and easy money. Btw on newforex website they’ve got necessary articles for novices. I learned there that it’s better not to trade against market. It...

  • Игорь from Украина writes about PaxForex:

    Я давно торгую с этой компанией и Очень доволен. И исполнение быстрое и бонусы дают, и вывод почти моментальный. Рекомендую!!

Forex Blog

Forex Brokers Update — August 28th, 2016

Sun, 28 Aug 2016 10:46

No new brokers to report on during the last two weeks, but some of the listed one have been updated and some removed: RoboForex extended its range of metal based pairs — you can now trade euro vs. silver and gold. Added bitcoin as a deposit/withdrawal option. ForexTime (FXTM) increased maximum...

Weekly Forex Technical Analysis (Aug 29 — Sep 2)

Sat, 27 Aug 2016 9:03

EUR/USD

Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.0952 1.1066 1.1126 1.1240 1.1300 1.1415 1.1474

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1052 1.1099 1.1227 1.1273
...

EUR/USD Dips After Yellen Talks About Interest Rate Hike

Fri, 26 Aug 2016 18:38

Economic data released from the United States during today's trading session was not spectacular but it had limited importance anyway as traders' attention was glued to the Jackson Hole meeting and the speech of Fed chief Janet Yellen in particular. While Yellen did not say anything shocking...

Forex News

Aussie Moves Lower During Monday's Trading

Aussie Moves Lower During Monday's Trading

Mon, 29 Aug 2016 11:48

The Australian dollar was moving lower against its US peer during the current trading session, though currently the Aussie has trimmed some of its losses. The Australian currency also pared its losses versus the euro.

Yen Soft as Kuroda Talks About Additional Stimulus

Yen Soft as Kuroda Talks About Additional Stimulus

Mon, 29 Aug 2016 11:23

The Japanese yen was soft today after Haruhiko Kuroda, Bank of Japan Governor, signaled that he is not afraid to add more stimulus if it would be necessary to reinvigorate the nation's economy.

Dollar Ends Week with Gains, Supported by Yellen

Dollar Ends Week with Gains, Supported by Yellen

Sat, 27 Aug 2016 20:42

The US dollar ended the week with gains against most major currencies (but not versus the Great Britain pound). The reason for the good performance was the outlook for monetary tightening, supported by comments from Fed Chair Janet Yellen.

Commodity Blog

Commodities Technical Analysis, August 29th — September 2nd

Sun, 28 Aug 2016 9:25

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 August 28th, 2016:...

Gold, Silver Rally Despite Hawkish Janet Yellen Speech

Fri, 26 Aug 2016 17:22

Gold and silver rallied during the Friday trading session, even though Federal Reserve Chair Janet Yellen appeared hawkish in her remarks pertaining to interest...

Gold Stands at 1-Month Low Before Janet Yellen Speech

Thu, 25 Aug 2016 17:27

Federal Reserve Chair Janet Yellen is set to deliver a speech on Friday during the US central bank's annual summer retreat in Wyoming. Many analysts...

Forex Video Zone

USD/JPY and AUD/USD Forecast — August 29th 2016

Mon, 29 Aug 2016 12:47

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the August 29th session. USD/JPY — We fell initially during the session on Friday, but then turned right back around to form a very bullish candle. The bullish candle of course bouncing off the 100.00 handle and it suggests that we are trying to form a floor. And I have been suggesting this for a while. I think finally we have seen...

WTI Crude Oil and Natural Gas Forecast — August 29th 2016

Mon, 29 Aug 2016 12:44

In this video, the Trader Guy looks at commodities Crude Oil and Natural Gas for the August 29th session. WTI Crude Oil — We did try to rally during the day, but then turned right back around to form a shooting star. The shooting star, of course is a very negative sign. If we break down below the bottom of it, we will probably test the $46 level. A break above the top...

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

Mon, 29 Aug 2016 12:28

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the August 26th session. USD/JPY — We fell initially during the session on Friday, but then turned right back around to form a very bullish candle. The bullish candle of course bouncing off the 100.00 handle and it suggests that we are trying to form a floor. And I have been suggesting this for a while. I think finally we have seen...