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

  • Stephen from Australia writes about 10Markets:

    One of the great brokers out there today for me after 2 years with others firm. There is so much information on their platform to digest but well worth your time to try them out. The ability to trade all types of option strategies along with binary a...

  • Rudi from Indonesia writes about FirewoodFX:

    When I am looking for a low spreads broker, I stumble upon Firewoodfx banner in a forex trader forum.

    I click it, because I am interested with their marketing speech: "spreads starts from 1 pip fixed"

    After I read their site, I decided to open p...

  • aldo. A from Italy writes about TradingBanks:

    I am glad to work with them for almost a year. The bonuses are good and the support also. I highly recommend TradingBanks to all my trading friends. They gave me 100% on the deposit so everyone should take advantage of this.

  • Mirko writes about Forex Optimum:

    Traded for only a short period of time, processing of order is not the fastest, but satisfactory. There are also enough trading instruments, but mein lieber Gott, spreads are dreadful. I did not manage to make stable profit as I usually do, only a lo...

Forex Blog

Forex Brokers Update — May 30th, 2016

Mon, 30 May 2016 13:13

No new companies have been added last week, but quite a few of the listed brokers have been updated: RoboForex and ActivTrades now support MT5 hedging accounts. Forex Club removed the Azerbaijani version of its website. Alpari has lowered the minimum account size for MT5 ECN...

New Calculator — Celebrating EarnForex Blog's 10th Anniversary

Sun, 29 May 2016 16:26

Today is a special day for EarnForex Blog — it turns ten. My first post here was not something readers could use to help them trade better. This time, to celebrate the blog's 10 years of service, I offer a gift to everyone — a new online calculator: Percentage Gain/Loss and Recovery....

Weekly Forex Technical Analysis (May 30 — Jun 3)

Sat, 28 May 2016 10:21


Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.0936 1.1024 1.1068 1.1155 1.1200 1.1287 1.1332

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1013 1.1047 1.1145 1.1179

Forex News

CAD Falls vs. USD & EUR, Gains on JPY

CAD Falls vs. USD & EUR, Gains on JPY

Mon, 30 May 2016 18:59

The Canadian dollar fell against the US dollar and the euro today, though currently it is trying to reverse losses against the former. The loonie fared far better against the yen, gaining on the Japanese currency.

Dollar Index Edges Higher Following Friday's Comments from Yellen

Dollar Index Edges Higher Following Friday's Comments from Yellen

Mon, 30 May 2016 18:13

The US dollar continued to benefit from the outlook for monetary tightening from the Federal Reserve, rising against a basket of currencies during Monday's trading. The greenback gained mostly on currencies of emerging markets, while its performance versus major currencies was far from stellar.

Economic Confidence Reading Gives Euro a Boost

Economic Confidence Reading Gives Euro a Boost

Mon, 30 May 2016 14:33

Euro is getting a big of a boost today, thanks to an improved economic confidence reading. Stimulus appears to be working to some degree, and many expect the ECB to keep its rates unchanged at the policy meeting later this week.

Commodity Blog

Indonesia Warns Coal Output Could Decline in 2017

Mon, 30 May 2016 19:00

Indonesia projects that coal production could decline next year, says a new CNBC report. With prices reaching their lowest level...

Crude Oil Bounces, Moving Closer to $50

Mon, 30 May 2016 18:39

Crude oil reversed its previous move down, rising above the opening level as of now. Futures traded rather close to the psychologically important level...

Oil Retreats, Fundamentals Remain Mixed

Mon, 30 May 2016 11:57

Prices for crude oil fell today as prospects for monetary tightening from the Federal Reserve were hurting riskier assets, including commodities. Additionally, experts...

Forex Video Zone

WTI Crude Oil and Natural Gas Forecast — May 30th 2016

Mon, 30 May 2016 15:18

In this video, the Trader Guy looks at commodities Crude Oil and Natural Gas for the May 30th session. WTI Crude Oil — We fell initially on Friday and then turned right back around to form a hammer. The hammer, of course is a very bullish sign and if we can break above the top of the shooting star from the previous session on Thursday, we will go higher and would be pretty psychologically significant...

USD/JPY and AUD/USD Forecast — May 30th 2016

Mon, 30 May 2016 14:53

In this video, the Trader Guy looks at currency pairs USD/JPY and AUD/USD for the May 30th session. USD/JPY — We initially fell during the session on Friday, but then turned back around to show a bit of bullish pressure. It looks like the 110.00 level is going to continue to be important. So, I think we are going to continue to bounce around. If we can get above the 111.00 level, then...

EUR/USD and GBP/USD Forecast — May 30th 2016

Mon, 30 May 2016 13:36

In this video, the Trader Guy looks at currency pairs EUR/USD and GBP/USD for the May 30th session. EUR/USD — We did in fact fall very significantly during the session on Friday and closed at the bottom of the candle. Normally we continue to go lower with 1.10 or so is going to be the target. This is a market that is going to grind lower and I am not looking for any type of breakdown. I think short term...