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

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...

Weekly Forex Technical Analysis (Jul 25 — Jul 29)

Sat, 23 Jul 2016 9:07


Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.0796 1.0876 1.0925 1.1005 1.1054 1.1133 1.1183

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.0868 1.0910 1.0997 1.1039

Forex News

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.

US Dollar Loses Ground Ahead of Fed Meeting

US Dollar Loses Ground Ahead of Fed Meeting

Mon, 25 Jul 2016 12:36

US dollar is losing ground today, ahead of a Federal Reserve meeting later this week. Forex traders are consolidating their positions and profit taking as they wait to see what the Fed's tone indicates for future rate hikes in 2016.

Canadian Dollar Pulls Back After Earlier Gains

Canadian Dollar Pulls Back After Earlier Gains

Fri, 22 Jul 2016 16:11

Loonie is mostly lower right now, following earlier gains. The Canadian dollar saw some initial gains today on better than expected economic data, but many of those gains have disappeared following uncertainties moving forward, along with an end to a recent winning streak by oil.

Commodity Blog

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...

Can Bitcoin Rally Sustain Momentum?

Mon, 25 Jul 2016 0:31

Bitcoin showed resilience over the course of the weekend, twice bouncing off the $645 level and steadily working back to ...

Commodities Technical Analysis, July 26th — July 30th

Sun, 24 Jul 2016 9:11

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 July 24th, 2016:...

Forex Video Zone

Daily Market Roundup — July 25th 2016

Mon, 25 Jul 2016 13:25

The US dollar and equities remain generally strong as the focus of the market now turns to key announcements due later this week, from the FOMC and the Bank of Japan. The EUR/USD pair appears more bearish now, trading below 1.10 and looking to be headed towards 1.09. The USD/JPY pair was unable to break up past 107.50 last week. However, the price is being held up by a bullish trendline...

WTI Crude Oil and Natural Gas Forecast — July 25th 2016

Mon, 25 Jul 2016 13:12

In this video, the Trader Guy looks at commodities Crude Oil and Natural Gas for the July 25th session. WTI Crude Oil — We did in fact fall and then bounced a bit at the 200-day Exponential Moving Average. I don't think that this is a market that continues to rally for any significant amount of time. I think that we will sell off given enough time. The $46 level had been...

USD/JPY and AUD/USD Forecast — July 25th 2016

Mon, 25 Jul 2016 12:39

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the July 25th session. USD/JPY — The pair rose slightly during the day, but really not a lot to get excited about. This is a market that continues to react to the noise due to Bank of Japan. It is no secret that they want to devalue the yen and they tend to get into that when they want...