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

  • Makmun Herri Rojiqien Martadireja from Indonesia writes about ForexMart:

    I really feel the experience of Different Trading in ForexMart , Closing Fast Execution and Monitoring Trading is very easy to see cabinet simple personal account . I garansikan you for Trading together in ForexMart

  • Tenco from Spain writes about Bolmax Management:

    Honestly so-so broker, execution speed is not impressive and breakevens suspiciously often go with gap. So I think their conditions maybe not horrible but also not competitive as for todays market.

  • Daniël from North Holland writes about Fort Financial Services:

    Hello! I would like to say first that the Fort Financial Systems is a new broker for me. I opened my account only about a week ago just because I want to test out their services. I was pleasantly surprised with their trading conditions, I didn't real...

  • Antares writes about LMFX:

    Unfortunately, this turned out to be one of those companies whose terminals often hang freezed under high volatility. It's awfully irritating when trading is on and and you can't operate with terminal, and it often turns into loss trades. My opinion ...

Forex News

Dollar Ends Week with Losses as Monetary Tightening Remains Uncertain

Dollar Ends Week with Losses as Monetary Tightening Remains Uncertain

Sun, 14 Feb 2016 0:20

The US dollar fell during the past trading week as traders continue to speculate whether the Federal Reserve is going to raise interest rates this year. The greenback demonstrated bigger losses versus its major counterparts and smaller versus the commodity-related ones. Fed Chairperson Janet Yellen was speaking this week, suggesting

Japanese Yen Trades Mixed as Officials Try to Talk it Down

Japanese Yen Trades Mixed as Officials Try to Talk it Down

Fri, 12 Feb 2016 15:54

Japanese yen is trading mixed today, but officials still see the relative strength of the currency as a problem to tackle. Continued strength from the yen sent Japanese stocks plunging today, and there are concerns that the economic recovery will be slowed by the latest developments. Yen is trading mixed today after

Economic Data, Profit Taking Help US Dollar

Economic Data, Profit Taking Help US Dollar

Fri, 12 Feb 2016 14:44

US dollar is mostly higher today, thanks in large part to economic and to some profit taking. However, dollar gains might be limited, as the expectation of another rate hike from the Federal Reserve fades. One of the reasons the US dollar has been performing well recently is due to the fact that there

Forex Blog

Forex Brokers Update — February 14th, 2016

Sun, 14 Feb 2016 6:54

Just a few changes to the listed brokers this week: Forex4you no longer accepts deposits in Russian rubles. Now offers managed accounts and personal managers. MAM service is no longer available. The following account types are no longer available: E-Global MT4 Marketplace, Classic NDD (Instant), Cent NDD

Weekly Forex Technical Analysis (Feb 15 — Feb 19)

Sat, 13 Feb 2016 9:21


Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.0809 1.0948 1.1099 1.1238 1.1389 1.1527 1.1679

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.0951 1.1105 1.1241 1.1395 1.1531

EUR/USD Declines After Encouraging US Data

Fri, 12 Feb 2016 21:06

EUR/USD dropped today as most of US economic indicators were good while economic data from the eurozone was somewhat weak. Not every US indicator was good, though, as the consumer sentiment index dropped unexpectedly. Nevertheless, the reports reinvigorated speculations about potential interest rate hikes from the Federal

Commodity Blog

Commodities Technical Analysis, February 15th — February 19th

Sat, 13 Feb 2016 9:49

The technical analysis, that includes the indicators’ data and major pivot points for Brent Oil, Gold, Silver and Copper as traded on spot market as of February 13th, 2016:

Crude Oil


Moving AveragesRSIParabolic SARCCI
Short Neutral Short Neutral

Floor pivot points

3rd Sup2nd Sup1st

Gold Declines After Massive Rally, Other Precious Metals Follow

Fri, 12 Feb 2016 1:43

Gold fell today and other precious metals followed as traders decided to take profit from their long positions after the massive rally on Thursday. The losses were relatively small and looked like just a minor correction. Bullion has rallied yesterday due to cautious comments of Janet Yellen, Chairwoman of the 

Crude Oil Mixed at Start of Friday's Trading, Natural Gas Down

Fri, 12 Feb 2016 0:53

Crude oil futures were mixed at the start of Friday's trading with West Texas Intermediate oil bouncing after Thursday's plunge and the Brent grade retaining losses. On one hand, the unexpected build-up of Cushing oil inventories added to concerns about oversupply on the market. On the other, prices were supported by speculations

Forex Video Zone

Candlestick Pattern — Hanging Man

Fri, 12 Feb 2016 10:35

This is a pattern which occurs at the top of a trend or at the end of an uptrend. The name comes from the fact that the candlestick looks somewhat like a hanging man. It is a single candlestick pattern that has a long lower shadow and a small body at or very near the top of its daily trading range. The market is

EUR/USD and GBP/USD Forecast — February 12th 2016

Fri, 12 Feb 2016 9:43

In this video, the Trader Guy looks at currency pairs EUR/USD and GBP/USD for the February 12th session. EUR/USD — We initially rallied during the course of the day and then turned back around near the 1.14 level. And we ended up forming a shooting star candlestick in the daily chart. But it is preceded by a hammer

WTI Crude Oil and Natural Gas Forecast — February 12th 2016

Fri, 12 Feb 2016 8:13

In this video, the Trader Guy looks at commodities Crude Oil and Natural Gas for the February 12th session. WTI Crude Oil — It looks like we fell a little bit during the course of the session but turned back right around $26 level on Thursday. The problem of course is, this is one