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

  • 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...

  • Alex from New zealand writes about ForexTime (FXTM):

    I am newbie on fx , trade up to 8 months. I had opened an ecn account in FXTM and here under their IB fxtm parnter.

    He told me about rules here and I found it seems nice.

    I have ecn account with leverage 1:500 deposit 3200 usd. First time I lose ...

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

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.

UK Pound Plunges on Latest PMI Reading

UK Pound Plunges on Latest PMI Reading

Fri, 22 Jul 2016 12:38

Thanks to the Brexit vote, confidence in the UK economy is poised for big losses. The latest PMI reading — a special reading by Markit — indicates that things could be headed for trouble. Sterling is dropping dramatically on the news, losing ground to its major counterparts.

Euro Trade Mixed on the Forex Market

Euro Trade Mixed on the Forex Market

Thu, 21 Jul 2016 11:07

Euro is mixed against its major counterparts today as Forex traders look ahead to coming weeks and try to determine what might be next. Concerns about potential stimulus in September, as well as the recent focus on buying corporate bonds, have some wondering whether there is more weakness ahead for the 19-nation currency.

Commodity Blog

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:...

Orange Juice Prices Set to Soar amid Global Shortage

Fri, 22 Jul 2016 18:16

You may have to find a substitute to complement your bacon and eggs in the morning. Orange juice prices are set to soar because of worldwide shortages after...

Cattle Futures Reach 5 Year Low on Sluggish Demand

Thu, 21 Jul 2016 23:43

US cattle futures declined to five year lows on Thursday with August live cattle declining 1.9 cents (1.7%) to $1.07525 per pound on the ...

Forex Video Zone

How to Make Money on the Forex Market?

Sun, 24 Jul 2016 15:12

In order to make money on the Forex market, you have to buy low and sell high. How much can you theoretically make by trading currencies. Let's assume that you have $1000 on your trading account. The current exchange rate of EUR/USD is 1.25. In other words, for 1 euro you get 1.25 US dollars. You forecast during the day that the euro rise versus the US dollar. Based on this...

Daily Forex News and Analysis — July 24th 2016

Sun, 24 Jul 2016 14:13

After a short period of time for the pound following the historic Brexit, this Friday saw the GBP/USD fall by 124 pips and close at 1.1309. The euro and Canadian dollar also fell against the US dollar. The EUR/USD pair went down by 49 pips and closed at 1.0977. The USD/CAD went up by 39 pips and closed at 1.3127. WTI Crude Oil fell by 1.25% and closed at $44.19 a barrel. Brent Oil also fell by 1.10% and closed...

WTI Crude Oil and Natural Gas Forecast — July 22nd 2016

Fri, 22 Jul 2016 12:24

In this video, the Trader Guy looks at commodities Crude Oil and Natural Gas for the July 22nd session. WTI Crude Oil — As you can see, we initially rallied, but then turned right back around at the $46 level, which was the bottom of the descending triangle pattern, that I was talking about previously. Now I feel since we are closing towards the bottom of the candle, we are...