Forex Trading Information, Learn About Forex Trading

Latest in Forex

Kurt Anders from Germany writes about AAFX Trading:
I am a trader with little experience. A couple of weeks ago, I signed up for AAFX Trading on the recommendation of a friend.
I like the transparency and honesty of the company. By the way, I saw how my friend withdrew the money without any problems!...
Costantino Vitale from Italy writes about FxPro:
I use FxPro Edge installed on my Android smartphone for scalping, while Metatrader 5 with market execution is used for trades that can be held from several hours to a couple of days.
I appreciate the execution on both accounts. I don’t face lags he...
Burak from Turkey writes about AccentForex:
as for me accent a good broker. i trade on stp acc. with commissions and floating spreads. commissions small even on gold. but on exotics they can do a little less i think.
replenishing quickly cause i using card. withdrawals same. otherwise everyt...
Derrick Kalumba from South Africa writes about Fondex:
I liked Fondex because of a few things. Although I can't say that it is a broker that I'm completely satisfied with. The company has its nuances. But where are they not? You have to choose from what is on the market.
So here goes. Of course, the mai...

Forex Blog

EUR/USD Trades Sideways After Strong Rally

Thu, 25 Feb 2021 16:10

EUR/USD demonstrated a strong rally today, though at the time of writing the pair has been trading sideways. US macroeconomic reports released over the trading session were mixed, with some of them coming out better than expected while others were disappointing. US GDP rose by 4.1% in Q4 ...

EUR/USD Moves Sideways in Directionless Trade

Wed, 24 Feb 2021 17:30

EUR/USD has been trading without a clear direction over Wednesday. There were just a couple of US macroeconomic reports released today, and markets were paying attention mostly to the testimony of Federal Reserve Chairman Jerome Powell. New home sales were at a seasonally adjusted annual rate of 923k...

EUR/USD Falls, Extends Decline After Consumer Confidence Beats Expectations

Tue, 23 Feb 2021 15:23

EUR/USD has been falling today, and while the currency pair attempted to halt the decline, currently it looks like the pair is going to resume its fall. US manufacturing data failed to meet expectations but otherwise, today's macro reports were very good. S&P/Case-Shiller home price index...

Forex News

Euro Rises to 6-Week Highs on Upbeat Euro Area Data, Risk-On Sentiment

Thu, 25 Feb 2021 17:24

The euro soared against the dollar amid a series of upbeat macro releases from across the euro area combined with the positive investor sentiment. The EUR/USD currency pair's rally was also boosted by positive comments from a senior European Central Bank policymaker and the dollar's weakness.

USD/CAD Breaks Below 1.25 Amid Initial Jobless Claims Sliding to Three-Month Low

Thu, 25 Feb 2021 14:15

The US dollar weakened on greater confidence in the broader financial markets as the government reported initial jobless claims falling to their lowest levels in three months. A renewed rally in the equities arena, surging Treasurys, and positive economic data weighed on the conventional safe-haven asset.

Are Bulls Willing to Cede from 1.7701?

Thu, 25 Feb 2021 5:21

The Great Britain pound versus the Canadian dollar currency pair seems to be under some bearish pressure. Is this just a thing of the now, or are the bears getting the upper hand?

Commodity Blog

Natural Gas Flat Despite Second-Largest US Supply Withdrawal

Thu, 25 Feb 2021 17:35

Natural gas futures are trading relatively sideways on Thursday after the US government reported a weekly supply withdrawal that matched market expectations. The energy...

Adam Back Cautions Bitcoin Investors Selling for Under $50k

Thu, 25 Feb 2021 16:07

Bitcoin (BTC) experienced a correction of more than 20% after reaching its all-time high of $58,330 on February 21. Still,...

Bitcoin Must Cross This Level to Invalidate the Short-Term Bearish Scenario

Thu, 25 Feb 2021 10:27

After a sharp correction on February 23 below $45,000, Bitcoin (BTC) was able to recover the gains it lost...

Forex Video Zone

Timeframes And Trading Window Tricks — Maximize Opportunities with Overlap

Thu, 25 Feb 2021 14:32

In this video, you will learn about timeframes and trading windows. If you are a beginner in forex trading, you may not be sure about which timeframe to choose to start trading. Based on the time periods, you can categorize traders into three categories. Based on your strategy, you can decide to trade the short-term, the medium-term or the long-term. If you want to hold...

EUR/USD and GBP/USD Forecast — February 25th 2021

Thu, 25 Feb 2021 13:53

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the February 25th session. EUR/USD — The euro pulled back a bit on Wednesday session, but found support at the 50-day EMA to form a hammer candlestick, as you can see on the daily chart. The neckline of the inverted head and shoulders pattern comes at the 1.22 level. The measured objective of this pattern is your take-profit level for a long position, which comes...

Bitcoin Forecast — February 25th 2021

Thu, 25 Feb 2021 13:19

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the February 25th session. Bitcoin/USD — Bitcoin tried to break above the $50,000 level, which is a large round number, and psychologically significant to cause a lot of attention of the investors. However, bitcoin tried to rally above, and showed signs of exhaustion. This shows that a pullback is inevitable in this market. The $45,000 level is an important level...