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. 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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    Appreciate the variety of Deposit/Withdrawal methods and people working in customer support. The later is the main reason I haven’t fallen for a deposit bonus from a competitor.

Forex Blog

Weekly Forex Technical Analysis (Mar 25 — Mar 29, 2019)

Sat, 23 Mar 2019 9:45

EUR/USD

Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1058 1.1166 1.1233 1.1340 1.1408 1.1515 1.1583

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1156 1.1213 1.1330 1.1388
...

EUR/USD Sinks After Terrible Data in Eurozone

Fri, 22 Mar 2019 21:06

EUR/USD dropped today as basically all macroeconomic reports for the eurozone released today were bad. US economic data were bad for the most part as well (with the exception of the housing data) but that did not prevent the dollar from gaining on the euro. Flash readings for Markit manufacturing PMI and ...

EUR/USD Reverses Gains Caused by Dovish FOMC

Thu, 21 Mar 2019 16:17

EUR/USD fell today, reversing yesterday's gains caused by the extremely dovish stance of the Federal Open Market Committee, as traders were digesting the news. Market analysts speculated that the retreat can be just profit-taking after the sharp rally made the currency pair overbought, and in the future the dollar may still feel the pressure...

Forex News

Chinese Yuan Mixed As Market Weighs PBOC’s Overhaul to Interest Rates

Chinese Yuan Mixed As Market Weighs PBOC’s Overhaul to Interest Rates

Fri, 22 Mar 2019 15:17

The Chinese yuan is mixed at the end of the trading week as the market weighs the People’s Bank of China (PBOC)’s long-postponed measure to overhaul interest rates.

Japanese Yen Gains, Ignoring Poor Domestic Data

Japanese Yen Gains, Ignoring Poor Domestic Data

Fri, 22 Mar 2019 13:39

The Japanese yen gained against its most-traded rivals today despite worse-than-expected domestic macroeconomic data.

Australian Dollar Mixed After PMI Releases

Australian Dollar Mixed After PMI Releases

Fri, 22 Mar 2019 13:23

The Australian dollar was mixed, falling against some rivals but gaining on the euro. Markit released PMIs for manufacturing and services industries today, which were not particularly good.

Commodity Blog

Orange Juice Falls Back in the Red Despite Consumer, Industry Trends

Fri, 22 Mar 2019 14:36

Orange juice futures are sliding on Friday as prices are on track for a weekly decline. Despite the recent surge, orange juice has slipped back into...

Gold & Silver Continue to Rally on Fed Policy Outlook

Thu, 21 Mar 2019 19:11

Gold and silver extended today yesterday's rally that followed the news that the Federal Reserve dropped its plans to hike interest rates...

Natural Gas Flat on Modest Decline in US Inventories

Thu, 21 Mar 2019 15:40

Natural gas futures are trading sideways on Thursday after the US government reported a modest decline in domestic supplies. The latest industry data also suggests

...

Forex Video Zone

USD/JPY and AUD/USD Forecast — March 22nd 2019

USD/JPY and AUD/USD Forecast — March 22nd 2019

Fri, 22 Mar 2019 16:56

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the March 22nd session. USD/JPY — The USD/JPY pair pulled back and tried to locate for support on Thursday session. The market could remain in consolidation for a while and not doing much. A break above the top of the candle from Wednesday session is bullish and market could reach as high as 111.50. A break below the bottom of the consolidation is seen as bearish It is...

EUR/USD and GBP/USD Forecast — March 22nd 2019

EUR/USD and GBP/USD Forecast — March 22nd 2019

Fri, 22 Mar 2019 16:55

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the March 22nd session. EUR/USD — The Thursday session saw the market to sell off disappointing the buyers. This was due to the announcement by the Fed about interest rate hikes for the year 2019. The market is in the middle of this consolidation zone. So, yuo ean wait on the sidelines until the market makes its next move. GBP/USD — The pound also...

USD/ZAR Forecast — March 22nd 2019

USD/ZAR Forecast — March 22nd 2019

Fri, 22 Mar 2019 16:54

In this video, the Trader Guy looks at the USD/ZAR pair for the March 22nd session. USD/ZAR — The market was doing very little on Thursday session. The Fed caused a little bit of weakness in the greenback on Wednesday and investments flowed towards the emerging economies. The market is sitting on a level, which looks strongly supportive. A break above the top of the candlestick from Wednesday session is bullish, with 14.50 as target. The 50-day EMA...