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 $5.1 trillion (as of April 2016). 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

  • Michael from Slovakia writes about PaxForex:

    Here is my feedback based on my 2 months experience:

    Spread- good

    Execution- exelent

    Commission- they dont have

    Minimum Deposit- effordable

    Bonus- nice, not big but you can take your profit and invetsments anytime

    News trading - ok, t...

  • Lynn from Malaysia writes about MFX Broker:

    Mfx broker is the worse broker in the world. They did not process my withdrawal since 20 aug16. In total I have invested more than usd150k with them n they don't even allow me to withdraws 2000, n they rejected my usd2000 for a rddiculous reason. Ev...

  • Silvio from Portugal writes about ForexTime (FXTM):

    Traded NFP, the orders was perfectly executed although I entered a second after the release, managed to grab around 80 pips with 0.4 lot on EUR/USD and 0.5 lot on USD/JPY, TP was triggered correctly with 1 pip positive slippage which was also credit...

  • Omar Abadi from Saudi Arabia writes about 10Markets:

    I have traded BO at many options brokerage firms. 10markets has the best tools for trading options. There is a huge collection of technical methods. You can write your own technical methods. I can see quickly a large number of ways to structure optio...

Forex Blog

Forex Brokers Update — September 25th, 2016

Sun, 25 Sep 2016 9:04

It looks like September will be the first month without new brokers being listed on EarnForex.com for a long time. It seems to me that the regulatory burden is taking its toll from the number of new companies in this industry. Updates to the listed brokers this week include: Tradeo added...

Weekly Forex Technical Analysis (Sep 26 — Sep 30)

Sat, 24 Sep 2016 9:10

EUR/USD

Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1005 1.1064 1.1140 1.1198 1.1274 1.1332 1.1408

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1068 1.1148 1.1202 1.1282
...

EUR/USD Extends Rally After Wednesday's Policy Announcement from Fed

Thu, 22 Sep 2016 15:34

EUR/USD extended its yesterday's rally that was caused by the passiveness of the Federal Reserve. Today's data was not helpful to the US dollar either as both housing data and the leading indicators missed expectations. Only unemployment claims were better than forecasts. Initial jobless claims fell from...

Forex News

Dollar Ends Week Soft as Fed Stays Passive

Dollar Ends Week Soft as Fed Stays Passive

Sat, 24 Sep 2016 17:05

The US dollar was hurt by the monetary policy decision of the Federal Reserve, ending the week relatively soft. Yet there were even weaker currencies — the Great Britain pound and the New Zealand dollar, which suffered from the monetary policy outlook.

Pound Ends Trading Lower as Boris Johnson Hints at Brexit Timing

Pound Ends Trading Lower as Boris Johnson Hints at Brexit Timing

Fri, 23 Sep 2016 21:11

The Great Britain pound ended trading lower against its major peers, being dragged down by comments from British Foreign Secretary Boris Johnson, who signaled that the process of Britain's exit from the European Union may start earlier than it was previously anticipated.

Canada's Inflation & Retail Sales Miss Expectations, CAD Suffers

Canada's Inflation & Retail Sales Miss Expectations, CAD Suffers

Fri, 23 Sep 2016 13:40

The Canadian dollar dropped against its rivals today as consumer prices and retail sales reports failed to reach market expectations, suggesting that Canada' economy does not feel particularly well.

Commodity Blog

Commodities Technical Analysis, September 26th — September 30th

Sun, 25 Sep 2016 10:13

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 September 25th, 2016:...

Precious Metals Close Lower, Palladium Avoids Losses

Fri, 23 Sep 2016 22:56

Precious metals ended Friday lower, though palladium was an exception, demonstrating a strong rally. Earlier this week, the Federal Reserve decided to leave interest...

Traders' Pessimism over OPEC Freeze Send Oil Futures Plummeting

Fri, 23 Sep 2016 17:35

Will the Organization of the Petroleum Exporting Countries (OPEC) agree to cap oil production levels at next week's meeting in Algeria? The unknown is causing oil...

Forex Video Zone

What Is Forex? — Understanding Forex

Sun, 25 Sep 2016 15:52

If you have ever travelled to a foreign country, you may have needed to exchange your money. If so, you have already participated in Forex trading. Forex is the short form of Forex exchange. Well, Forex is a bit more than that. For example, companies buy goods from other countries. In order to buy them, they need to obtain the local currency first, just like us going...

Daily Forex News and Analysis — September 25th 2016

Sun, 25 Sep 2016 13:52

The results of the Brexit vote are still echoing through the UK and as a result, the pound hit a 5-week low. The GBP/USD pair dropped by 112 pips, to close at an exchange rate of 1.2966. The EUR/USD pair on the other hand rose on Friday, to go up by 18 pips and closing at 1.1226. The USD/CAD pair also went up, rising by 130 pips and ending the week at 1.3172. Following OPEC's possible inability to supply Oil to Algeria this...

WTI Crude Oil and Natural Gas Forecast — September 23rd 2016

Fri, 23 Sep 2016 17:50

In this video, the Trader Guy looks at commodities Crude Oil and Natural Gas for the September 23rd session. WTI Crude Oil — We had another positive day on Thursday. You can still make an argument for a downtrend line. So, I am waiting to see whether or not we get an exhaustive candle to start selling. The shocking number of inventories coming out of US was bullish for the market. But in the longer term,...