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.


  • 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


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

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.

Euro Higher vs. Dollar as German Consumer Climate Improves

Euro Higher vs. Dollar as German Consumer Climate Improves

Fri, 26 Aug 2016 8:01

The euro rose against the US dollar for the second day but edged down versus the Great Britain pound today after the positive economic news from Germany.

Yen Little Changed After CPI Shows Drop

Yen Little Changed After CPI Shows Drop

Fri, 26 Aug 2016 7:47

The Japanese yen was little changed after a report showed that Japan's deflation persisted despite the efforts of the Japanese central bank.

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

WTI Crude Oil and Natural Gas Forecast — August 26th 2016

Fri, 26 Aug 2016 17:21

In this video, the Trader Guy looks at commodities Crude Oil and Natural Gas for the August 26th session. WTI Crude Oil — As you can see, we went back and forth during the day using $46 as support. It really looks as we are trying to build up enough momentum. But it is kind of going to be difficult. I think in the longer term, we may get sellers involved,...

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

Fri, 26 Aug 2016 17:04

In this video, the Trader Guy looks at the currency pairs USD/JPY and NZD/USD for the August 26th session. USD/JPY — We fell initially during the day, but then turned right back around and ended up forming a nice looking hammer. The hammer suggests that the support below at 100.00. I believe that it is the line in the sand. If we can break above the top of this candle, I think we continue...

EUR/USD and GBP/USD Forecast — August 26th 2016

Fri, 26 Aug 2016 15:48

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the August 26th session. EUR/USD — We did try to rally during the day. We made some gains, but gave back quite a bit as well. I think we are going to continue to basically bounce around between the 1.1350 level on the top and the 1.12 level on the bottom. So, with this I think it is probably going to be after...