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

Forex Blog

EUR/USD Flat After Bunch of Good US Economic Reports

Thu, 20 Feb 2020 17:25

EUR/USD traded flat today, attempting to rally intraday but retreating by now. US macroeconomic reports released over the current trading session were solid, supporting the dollar. Philadelphia Fed manufacturing index jumped sharply from 17.0 to 36.7 in February, reaching the highest level since February 2017....

Most Trending Currency Pairs in Forex + TrendStats Script

Mon, 17 Feb 2020 18:34

Quite some time has passed since I published my last post on the Forex pairs that trend the most. A lot of stuff has changed since then and because a lot of readers have asked me to post an update, I am finally doing it today. But not only that, I am...

Forex Brokers Update — February 16th, 2020

Sun, 16 Feb 2020 12:15

We had one new addition to the list of Forex brokers on our website this week: CMS Prime — an unregulated FX company from the United Arab Emirates with MT4 and MT5 platforms available for live trading. Their minimum account size is rather high at $1,000, but they offer...

Forex News

Euro Trades at April 2017 Lows Despite Upbeat German Macro Prints

Euro Trades at April 2017 Lows Despite Upbeat German Macro Prints

Thu, 20 Feb 2020 18:30

The euro today traded at multi-year lows against the US dollar despite the release of positive German macro reports in the early European session. The EUR/USD currency pair fell to lows last witnessed in April 2017 after the results of the last French election were announced.

Chinese Yuan Slides Breaches 7 As PBoC Injects More Stimulus

Chinese Yuan Slides Breaches 7 As PBoC Injects More Stimulus

Thu, 20 Feb 2020 14:02

The Chinese yuan has tumbled past the crucial 7 mark against the US dollar again as the central bank injected additional stimulus to contain the economic fallout from the coronavirus. This is the second time in less than a year that the yuan has fallen to this level, and many experts anticipate further weakening of the currency until Covid-19 has been subsided.

Australian Dollar Drops After Unemployment Rate Rises

Australian Dollar Drops After Unemployment Rate Rises

Thu, 20 Feb 2020 11:17

The Australian dollar fell against almost all most-traded currencies today (with the exception of the New Zealand dollar) after the release of an employment report. While the employment figures were not that bad, the bigger-than-expected increase of unemployment made the currency unappealing to traders.

Commodity Blog

Natural Gas Gains on Bullish EIA Supply Report

Thu, 20 Feb 2020 15:49

Natural gas futures pared their earlier losses on Thursday after the US government reported a decline in domestic inventories that met market forecasts. Natural...

Bitcoin Fails to Hold $10,000 Again and Slips Back to $9,600

Thu, 20 Feb 2020 2:36

Bitcoin has once again failed to hold above $10,000, and prices have slipped back down to $9,600 in Wednesday trading. Its fall has seen...

Copper Pares Steep Losses As Investors Fear Coronavirus Will Hurt Demand

Wed, 19 Feb 2020 20:55

Copper futures are settling in the green midweek after paring steep losses in intraday trading. Although the industrial metal has plunged by as much as 8% over...

Forex Video Zone

Bitcoin Forecast — February 20th 2020

Thu, 20 Feb 2020 16:34

In this video, the Trader Guy looks at the commodity, gold for the February 20th session. ...

Gold Forecast — February 20th 2020

Thu, 20 Feb 2020 16:18

In this video, the Trader Guy looks at the commodity, gold for the February 20th session. Bitcoin/USD — The $10,000 level looks pivotal at the moment as the market is trading just above it. This is a psychologically significant level and will attract the attention of a lot of traders. A break above the recent highs will send this market towards the $12,000 level. A break below the lows, then the 50-day EMA will come into...

What Is a Trend Reversal? — Technical Analysis Basics

Thu, 20 Feb 2020 15:42

A trend reversal happens when an existing trend loses strength and a new one starts. The idea behind looking for a trend reversal is to jump on a new trade at the early stages of a new trend. An uptrend is identified by higher highs and higher lows. A downtrend is formed when the market makes lower highs and lower lows. You can observe an existing trend from different timeframes. Drawing trendlines makes it more clearer...

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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.