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

  • hadi from indonesia writes about Vomma Trading:

    vomma so bad , cheater , SCAMM BIG , I withdraw my capital of US $ 749.29 I capital $ 899, but I have found they are always asking for documents that are not clear , always delay the withdrawal process for various reasons , I have to upload the docum...

  • 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...

Forex Blog

EUR/USD Rallies After Abysmal US GDP Report

Fri, 29 Jul 2016 17:01

EUR/USD surged up following disastrous US GDP data that will probably prevent the Federal Reserve from raising its target funds rate this year. The currency pair pared some of its gains by now, but still trades significantly above opening level. US real gross domestic ...

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 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

Gold Spikes to 3-Week High as US Economy Expands a Mere 1.2%

Fri, 29 Jul 2016 14:28

Gold prices spiked following weak US economic data and is now approaching a three-week high. The yellow metal is on track for its first...

Iron Ore Rally Closing in on April Highs

Fri, 29 Jul 2016 0:29

The September iron ore contract on the Dalian Commodity exchange closed 6.5 yuan higher at 472.5 yuan ($71) per ton on Thursday, just 1.5...

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...

Forex Video Zone

WTI Crude Oil and Natural Gas Forecast — July 29th 2016

Fri, 29 Jul 2016 16:13

In this video, the Trader Guy looks at commodities Crude Oil and Natural Gas for the July 29th session. WTI Crude Oil — As you can see, oil initially tried to rally and then just fell into the $41 level. At this point, I think the $43, $44 and $45 levels are all going to offer resistance above. So, any rally should be a nice selling opportunity. This is a market that...

USD/JPY and AUD/USD Forecast — July 29th 2016

Fri, 29 Jul 2016 15:33

In this video, the Trader Guy looks at the currency pairs USD/JPY and NZD/USD for the July 29th session. USD/JPY — As you can see, we initially fell during the course of the session on Thursday, but turned around and jumped back over the 105.00 level. I feel that this is a market that will probably go higher given enough time. This is mainly because the Bank of Japan below is going...

EUR/USD and GBP/USD Forecast — July 29th 2016

Fri, 29 Jul 2016 15:21

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the July 29th session. EUR/USD — We tried to rally, but we gave back a lot of gains to form a shooting star. This is a market that is gradually going lower. I think we are going to continue to grind lower. I believe that we can get below 1.09. If we break down significantly,...