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

  • alif syamsi from malaysia writes about ForexTime (FXTM):

    I'd been dealing with forex for 3 years, correct choice of a trading platform is crucial to your trading life. I'd used several brokers before someone recommended FXTM to me in the end of 2013. I opened a live account it's ECN account, fortunately I ...

  • Husein Ali Zeki from Malaysia writes about XM.COM:

    Greetings! XM.COM is amazing broker, Efficient team! very fast millisecond time execution, fast server, Ive been trading with XM and I'm very happy.

    I have one request from XM.COM management to bring back my Leverage to the normal as I'm totally d...

  • Vasile ion from România writes about Vomma Trading:

    Don't open an account with this broker, don't even deposit. They are Scammers and liars.

    They will continue asking for documents when you want to withdraw and even if you send the right documents they will reject them.

    They have very big del...

  • Redas from Lithuania writes about ForexMart:

    Here is a thing about this "regulated" broker. Actually yes, they are regulated at CySEC as "Tradomart Ltd"

    But this license doesn't mean anything for them and I read that regulated at...

Forex Blog

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 Brokers Update — July 24h, 2016

Sun, 24 Jul 2016 19:54

Three new brokers became listed on this week: JCMFX — an offshore company registered in Saint Vincent and the Grenadines. JCMFX offers Forex, CFD, and gold & silver trading starting from $100 via MT4 platform. Hydra Markets — a Georgian Forex broker with standard...

AUD/NZD to Finalize Double Top on H4 Chart

Sun, 24 Jul 2016 9:39

The Australian dollar had a rally going against the New Zealand dollar from July 8 through July 19. AUD/NZD has been consolidating in a kind of a double top pattern since then. The pattern is completed only when the right top's slope reaches the neckline, but it is already time...

Forex News

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.

German IFO Helps Euro in Forex Trading

German IFO Helps Euro in Forex Trading

Mon, 25 Jul 2016 13:32

Euro is mostly higher today, thanks in large part to the latest German IFO reading. Although nothing to be too excited about, the most recent data offers some hope for the embattled eurozone and shows continued optimism for what's next — even with all of the downside risks emerging for the 19-nation currency region.

Commodity Blog

Gold Prices Weaken over Rising Federal Reserve Rate Hike Expectations

Mon, 25 Jul 2016 17:27

Gold prices started off the week in negative territory. The yellow metal weakened over rising expectations of the Federal Reserve raising interest rates later...

Can Bitcoin Rally Sustain Momentum?

Mon, 25 Jul 2016 0:31

Bitcoin showed resilience over the course of the weekend, twice bouncing off the $645 level and steadily working back to ...

Commodities Technical Analysis, July 26th — July 30th

Sun, 24 Jul 2016 9:11

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 July 24th, 2016:...

Forex Video Zone

USD/JPY and AUD/USD Forecast — July 26th 2016

Tue, 26 Jul 2016 15:47

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the July 26th session. USD/JPY — we initially tried to rally during the trading session on Monday, but we turned around to form a bit of a shooting star. So, this shooting star breaking down to the 105.00 level and with that being the case, I think we have the opportunity to buy a supportive candle. So, with this I feel...

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

Tue, 26 Jul 2016 12:48

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the July 26th session. EUR/USD — We initially tried to fall, but then turned around and bounced right into the 1.10 handle. This is an area that was supportive in the past. So, I feel that it is going to be resistive now. We also have the top of the consolidation area at 1.12. So, it is not until...

Daily Forex News and Analysis — July 26th 2016

Tue, 26 Jul 2016 12:02

Wall Street finished in the red as Oil weighed on Energy shares and investors awaited an avalanche of quarterly reports. The Dow Jones fell by 0.42% and the NASDAQ lost 0.05% from its value. The US dollar finished higher against the other major currencies as investors awaited the Federal Reserve and Bank of Japan's upcoming meetings and as trading volumes are set to remain light with no major US data throughout the day....