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

  • Ankit from India writes about HotForex:

    Trading since 2013 with them. Well, i would like to say that All the issues are always resolved quickly in this three year tour with them. My losses are always my part but whenever i placed the withdrawal requests, its completed on the same day and i...

  • 10Markets from UK writes about 10Markets:

    Dear Glutti,

    We couldn't find any trader with that name on our system, please provide us with your trading account number and send us an email to support@10markets.com

    Please note, that if you have any technical issues with the platform - don't h...

  • Wersiv from Germany writes about FreshForex:

    As for me, I like freshforex promotions! Now they offer a cool promo for new customers. They gives beginners $ 1000 to test the broker, its terms and procedures. And good thing is all the profit that I will make using this no deposit bonus can be ...

  • yousof zakaria elhassanen radwan from damietta writes about Fort Financial Services:

    I review this broker because i like their STAR investment service for managers and investors. This is not my first experience with investments and PAMM but STAR of Fortfs has some features that in my opinion are advantages. I personally satisfied wi...

Forex Blog

New List of Brokers — High-Leverage Ones

Thu, 5 May 2016 17:25

It is a common wisdom in the markets that trading with a high leverage can be dangerous. It is also obvious that huge leverage offered by the Forex brokers is one of the most prominent advantages of the online foreign exchange market. It allows controlling large positions with relatively small...

EUR/USD Trades Mostly Sideways

Wed, 4 May 2016 16:40

Today, EUR/USD was meandering without a clear direction. Most of economic reports released from the United States during the trading session were good. But among the bad ones was the very important employment report that overshadowed better macroeconomic indicators, preventing the dollar from moving higher. Now, traders...

E-Book Review: An Introduction to Japanese Candlestick Charting

Tue, 3 May 2016 14:04

Japanese candlestick charts have become a staple trading tool since a long time ago. An Introduction to Japanese Candlestick Charting had been written by Erik Gebhard of Altavest quite some time before that (in the year 2000). Nevertheless, this e-book can still serve as a primer for newbie...

Forex News

Pound Soft vs. Dollar After Another Disappointing Report

Pound Soft vs. Dollar After Another Disappointing Report

Thu, 5 May 2016 11:44

Great Britain's economic data provided yet another disappointing reading, this time for the services sector, making the pound fall against the US dollar today. The sterling fared better against other majors, actually rising against the euro.

Australian Dollar Overcomes Impact of RBA Cut

Australian Dollar Overcomes Impact of RBA Cut

Thu, 5 May 2016 10:10

The Australian dollar was able to overcome the negative impact of the surprise interest rate cut from the Reserve Bank of Australia, rising today. The advance happened with the help of positive macroeconomic data from Australia.

Risk Aversion Limits Losses to US Dollar

Risk Aversion Limits Losses to US Dollar

Wed, 4 May 2016 14:11

US dollar has been struggling since the latest ADP data, and Forex traders and others are waiting for the nonfarms payroll report due out at the end of the week. However, even though the latest economic data isn't positive for the greenback, losses are being limited as risk aversion sets in.

Commodity Blog

Crude Oil & Precious Metals Fall as News from China Disappoint

Tue, 3 May 2016 18:14

Futures for crude oil demonstrated significant losses during today's trading as concerns about oversupply were returning to the markets. Additionally, the lackluster performance of China's...

Commodities Technical Analysis, May 2nd — May 6th

Sat, 30 Apr 2016 4:56

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 April 30th, 2016:...

Gold, Silver & Crude Oil Rally During Wednesday's Trading

Wed, 27 Apr 2016 9:32

Gold and silver rallied today amid speculations that the Federal Reserve will delay planned monetary tightening. The Fed will announce its decision...

Forex Video Zone

USD/JPY and AUD/USD Forecast — May 5th 2016

Thu, 5 May 2016 13:28

In this video, the Trader Guy looks at currency pairs USD/JPY and AUD/USD for the May 5th session. USD/JPY — The US dollar did fall initially against the Japanese yen, but then turned back around at about 106.00 to form a hammer, which of course is a bullish sign. We had a hammer from the previous session that bounced basically from the 105.00 level. So, I think it is the barrier that the sellers...

EUR/USD and GBP/USD Forecast — May 5th 2016

Thu, 5 May 2016 13:14

In this video, the Trader Guy looks at currency pairs EUR/USD and GBP/USD for the May 5th session. EUR/USD — We did try to break above the 1.15 level, but then turned back right around to form a shooting star. With this, I think that we are probably going to try to find buyers below, as the support extends to 1.14. So, I am waiting to see if we get some type of a supportive...

Daily Forex News and Analysis — May 5th 2016

Thu, 5 May 2016 13:05

Wall Street traded lower yesterday following the weak ADP Non Farm Employment Change. The Dow Jones fell by 0.56% and the NASDAQ lost 0.79% from its value. The US dollar traded higher against the major currencies after the release of mostly positive US data, which boosted optimism over the strength of the economy. Today, the US Unemployment Claims is expected at 261K vs. 257K previously. Gold fell, to close at $1,280...