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 $5.1 trillion (as of April 2016). 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 start learning to trade by going through our free Forex course. You can also join a friendly community of traders at the Forex forum.

Latest in Forex

  • Alexander Brinem from Belgium writes about Land-FX:

    Given the recent volatility and general rolla-coster, I am very impressed with Land-FX for it's robbust trading system and no hiccups in execution. For new traders. always ask for welcoem bonus on deposit!

  • Paul from europe writes about Turnkey Forex:

    Just a usual broker, nothing special. The main why I get bad impression is that too long execution if compare with other many brokers. Half of order opens go with slippage and pendings orders are constantly closed with gap. Spreads are good by them, ...

  • Jens Van Dyke from Netherlands writes about Land-FX:

    While Land-Fx's market research is awsome, I wonder why don't they offer any webinars? If they do, I will be the first to sign up for it.

  • Rupinder from Australia writes about FreshForex:

    Versatility is the only one word to describe this broker. They have many options to make a deposit and withdrawal, options to trade with their platforms both on pc and mobile devices and also fast and responsive chat support which is still rare to fi...

Forex Blog

GBP/CAD Reverses to Form Double Bottom on Weekly

Sun, 10 Dec 2017 15:55

Following a failed descending triangle formation, the pound is now clearly trying to reverse its long-term trend versus the Canadian dollar. The impending switch to an uptrend is signaled by the double bottom pattern on the weekly timeframe. You can see the bottoms and the neckline marked by the yellow lines on the chart below. The cyan...

Forex Brokers Update — December 10th, 2017

Sun, 10 Dec 2017 15:06

The last two weeks have been quite busy in terms of brokers' updates. We have listed three new companies: Markets Cube — a shady unregulated Cypriot Forex broker with $5,000 minimum account size, 1:100 leverage, and Sirix Station as the trading platform. They claim to accept US traders....

Weekly Forex Technical Analysis (Dec 11 — Dec 15)

Sat, 9 Dec 2017 9:19

EUR/USD

Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1561 1.1646 1.1709 1.1794 1.1858 1.1942 1.2006

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1640 1.1699 1.1789 1.1847
...

Forex News

NZ Dollar Extends Rally Fueled by RBNZ Governor Appointment

NZ Dollar Extends Rally Fueled by RBNZ Governor Appointment

Tue, 12 Dec 2017 10:18

The New Zealand dollar extended yesterday's rally today, rising for the third day in a row, as investors welcomed the news about the appointment of a new governor of the Reserve Bank of New Zealand.

Australian Dollar Continues Move up, Shrugging off Negative Data

Australian Dollar Continues Move up, Shrugging off Negative Data

Tue, 12 Dec 2017 9:58

The Australian dollar managed to maintain yesterday's gains and even accelerated its move to the upside today even though macroeconomic reports released in Australia during the current trading session were rather disappointing.

Yuan Stable Despite Consumer Inflation Missing Expectations

Yuan Stable Despite Consumer Inflation Missing Expectations

Mon, 11 Dec 2017 13:30

The Chinese yuan was stable today even though consumer inflation data released over the weekend missed expectations.

Commodity Blog

Copper Hovers Just Above $3, Chile Garners Attention from Investors

Tue, 12 Dec 2017 17:36

Copper prices are flat as they are trading just above the crucial $3 threshold. This comes as investors are beginning to comb through reports...

Gold Prices Flat Ahead of Key Federal Reserve Policy Meeting

Mon, 11 Dec 2017 17:21

Gold futures are trading relatively flat to start the trading week as investors prepare for Wednesday’s key Federal Reserve policy meeting. Any losses for the precious...

Bitcoin Recovers to $16,500 Following Three Days of Volatile Trading

Mon, 11 Dec 2017 16:43

The Bitcoin price surged on Monday to recover most of the losses it had over the weekend, even as analysts...

Forex Video Zone

Parabolic SAR Indicator Formula and Strategy

Tue, 12 Dec 2017 14:44

The Parabolic SAR is a widely used indicator. It is mainly used to gauge the short-term momentum in a market. This technical indicator is plotted on a chart as a series of dots positioned above or below the price. A dot placed below the price is deemed to be a bullish signal. A dot placed above the price is deemed to be a bearish signal. As the name implies, it is proven to be a valuable tool for those who seek...

Where can USD be Bought and Sold at Profit?

Tue, 12 Dec 2017 14:16

Experts say that the US dollar is going to gain strong momentum this trading week. Counting the days before the Fed's policy meeting, traders take less notice of other assets. In the Asian session, the US dollar kept on a steady rally against the Japanese yen. The USD/JPY pair is now trading flat close to 113.40. Analysts assume the pair is on track to reach 114.00 in a few trading days....

Pound Traders Ignore Macroeconomic Data

Tue, 12 Dec 2017 14:00

Today, pound traders had an opportunity to switch from politics to macroeconomics. However, judging by the movement of the GBP/USD pair, traders still worry about Brexit. So far, the progress on the talks on the United Kingdom withdrawal from the EU is slow. Many experts believe that the United Kingdom will fail to negotiate all conditions of the divorce in the near future, which will lead to a greater drop of the British pound. Meanwhile, it is...