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 $6.6 trillion. 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.

Getting into Forex trading is easy:

1. Start with our free Forex course.
2. Open an account with a broker.
3. Learn from other traders at the forum.

Latest in Forex

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Forex Blog

EUR/USD Rallies, Retreats Later amid Confusing News

Fri, 13 Dec 2019 15:39

EUR/USD was volatile today, rising at the start of Friday's trading, moving sideways for the most of trading session, but losing almost all of its gains by now. The currency pair got a boost on the convincing victory of the Conservative Party in the UK election that should pave way for orderly Brexit. There were also...

EUR/USD Keeps Gains After ECB, US Data

Thu, 12 Dec 2019 14:53

EUR/USD was moving in a range following yesterday's sharp rally and is currently trading above the opening level. The European Central Bank did not provide surprises today, keeping interest rates unchanged and the outlook for monetary policy broadly the same. (Event A on the chart.) Meanwhile, both US macroeconomic indicators released...

EUR/USD Climbs After FOMC Signals About No Rate Changes in 2020

Wed, 11 Dec 2019 21:34

EUR/USD surged today following the monetary policy meeting of the Federal Open Market Committee. The FOMC left interest rates unchanged and signaled that it is not planning to make changes to the monetary policy in 2020. That was positive news to the dollar. Yet the greenback crashed against the euro nonetheless. The likely reason...

Forex News

Euro Falls as US Dollar Rallies on Positive Sino-US Trade Headlines

Euro Falls as US Dollar Rallies on Positive Sino-US Trade Headlines

Fri, 13 Dec 2019 17:21

The euro today fell against the US dollar erasing most of yesterday's gains, which were driven by the Conservative Party's landslide win in the UK elections. The EUR/USD currency pair today traded sideways before plunging lower in the early American session as the greenback rallied higher boosted by positive trade headlines.

NZ Dollar Loses Gains After Rallying on US-China Trade Deal News, Domestic Data Doesn't Support

NZ Dollar Loses Gains After Rallying on US-China Trade Deal News, Domestic Data Doesn't Support

Fri, 13 Dec 2019 14:59

The New Zealand dollar climbed intraday as reports about a phase-one trade deal between the United States and China put markets into a risk-on mode. Currently, though, the kiwi has lost its gains versus most of its major rivals, trading either flat or slightly lower.

Sterling Skyrockets After Conservatives Win in UK Election

Sterling Skyrockets After Conservatives Win in UK Election

Fri, 13 Dec 2019 14:16

The Great Britain pound soared today after the landslide victory of the Conservative party in the UK election. With Conservatives securing a majority in the House of Commons, chances for disorderly Brexit fell dramatically, though hard Brexit remains a possibility. Currently, the sterling has trimmed its gains but is still trading far above the opening level.

Commodity Blog

Copper Retreats From Seven-Month High After USMCA, US-China Trade Deals

Fri, 13 Dec 2019 15:09

Copper futures are trading at their best levels in seven months, but they have taken a bit of a breather to finish the trading week. The red metal’s...

Natural Gas Rebounds on Fourth Straight Weekly Supply Drop

Thu, 12 Dec 2019 16:25

Natural gas futures are rallying on Thursday after the US government reported the fourth consecutive weekly decline in domestic inventories. But natural gas prices...

Gold Surges As Federal Reserve Signals No Interest Rate Moves in 2020

Wed, 11 Dec 2019 20:23

Gold futures are surging at the end of the Wednesday trading session as the Federal Reserve left interest rates unchanged and signaled no moves next year....

Forex Video Zone

USD/JPY and AUD/USD Forecast — December 13th 2019

Fri, 13 Dec 2019 17:02

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the December 13th session. USD/JPY — The market was bullish on Thursday session. This was due to the tweets by Donald Trump related to US-China trade relations about the tariffs. However, this area above could offer strong resistance. The market could remain range bound at the moment. The next week could bring more clarity...

EUR/USD and GBP/USD Forecast — December 13th 2019

Fri, 13 Dec 2019 16:55

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the December 13th session. EUR/USD — The trading session was volatile on Thursday, but the market did not do anything significantly. The 200-day EMA and the 1.12 level could cap all the rallies. So, fading them, and looking for signs of exhaustion to sell them is the way to play this market at the moment. The statement by Christine Lagarde, the ...

Forex Candlesticks Tutorial | Single Candlestick Patterns — Lesson 3

Fri, 13 Dec 2019 16:49

This is part 3 of the series. In this video, you will learn about single candlestick pattern. You can use this pattern to identify potential reversals in the market and look for trading opportunities. This pattern consists of a single candlestick. Some examples, include, hammer, shooting star, spinning top, and inverted hammer. You can also use this pattern for trend continuation....

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Forex trading bears intrinsic risks of loss. You must understand that Forex trading, while potentially profitable, can make you lose your money. Never trade with the money that you cannot afford to lose! Trading with leverage can wipe your account even faster.

CFDs are leveraged products and as such loses may be more than the initial invested capital. Trading in CFDs carry a high level of risk thus may not be appropriate for all investors.