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

  • bu5lfan from uae writes about 10Markets:

    unfortunately they are the biggest scam and they stole all my money after they Promise me to guide me and trade for me now since they talk my money i try to have any information from their fake live support or from my account manager Mia Miller she c...

  • Thuanthong from thailand writes about ForexTime (FXTM):

    I’ve been running my EA on ecn account in fxtm for the past 3 months now, and it has been generating small but steady profits, unlike the other two brokers that I tried before.

    My EA is not a scalping bot, mainly I make use of higher time frames an...

  • henrick from netherlands writes about ForexTime (FXTM):

    I chose FXTM broker because it suggests a lot of ways to make deposit and withdrawal.

    I guess that if this company has many payment systems so they have good relatioship with the other companies and they are reliable.

    As for me I was looking for n...

  • 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 ...

Forex Blog

EUR/USD Shaken by FOMC Decision

Wed, 27 Jul 2016 18:16

The euro slid against the US dollar following the Fed's announcement of its interest rate decision today. Even before the news, EUR/USD has been trading with a bearish bias. After the release, the currency pair plummeted. Durable goods orders fell sharply by 4% in June, following 2.8% decline in May (revised...

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...

Forex News

Strong Data Can't Help UK Pound

Strong Data Can't Help UK Pound

Thu, 28 Jul 2016 13:37

UK pound is struggling today against its major counterparts, even though recent data has been so positive. With concerns about the upcoming Bank of England meeting and fall out from the recent Brexit vote, it's clear that the focus isn't on the most recent data reports.

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.

Commodity Blog

Federal Reserve Is Fueling Gold as Yellow Metal Hits 2-Week High

Thu, 28 Jul 2016 17:44

Gold prices are nearing two-week highs as the Federal Reserve is fueling the yellow metal's recent gains. After the US central bank announced...

Gold Soars Even After Federal Reserve Hints at Looming Rate Hike

Wed, 27 Jul 2016 18:56

Gold futures rose on Wednesday even after the Federal Reserve hinted at a possible rate hike in the coming months. The US central bank did leave...

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...

Forex Video Zone

Trading Forex — Candlesticks or Technical Indicators for Exits

Thu, 28 Jul 2016 16:46

Many of us have our own unique style of trading the market. Often those who use technical analysis, most likely will be using candlestick charts, which provide much more information and are pictured easily for traders to identify candlestick patterns. These candlestick patterns allow traders to spot turns before potentially large moves take place. For technical indicators, it is a reflection of the movement of the past...

Daily Market Roundup — July 28th 2016

Thu, 28 Jul 2016 15:46

The FOMC stated yesterday that they will be taking a very gradual approach to raise interest rates. This has weakened the US dollar across the board with precious metals gaining substantially. The EUR/USD pair has broken out of its channel and up past resistance levels to reach prices just 1.11. The USD/JPY has fallen moderately and the pair has not yet retested recent lows suggesting...

USD/JPY and NZD/USD Forecast — July 28th 2016

Thu, 28 Jul 2016 15:25

In this video, the Trader Guy looks at the currency pairs USD/JPY and NZD/USD for the July 28th session. USD/JPY — As you can see, we initially had a strong day, but then turned around as the FOMC speech came out. It looks like perhaps the markets are responding with a little bit of a negative dollar sentiment. So, with this, I think that this market could grind a little bit...