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

  • Lucas Nilsson from Sweden writes about Admiral Markets:

    Admiral Markets are great in their attempt to broaden the knowledge of their traders. The ultimate website and platform to polish your trading skills.

  • kostyku writes about FreshForex:

    This broker does not put sand into machine at all. I can easily earn money using exchange rate fluctuations. Comissions are ok, no terminal delays. I can reccomend this broker for intraday trading or for exacting trading strategies.

  • Jude from Germany writes about Trade12:

    I registered my account with Trade12 Monday last week. By Friday I requested for my first withdrawal and it was confirmed within the day. This morning the amount was reflected to my account so I can't really complain about their withdrawal. Support-w...

  • RASHID from Pakistan writes about EXNESS:

    Dont go with 3.5 rating , u see any tom di** and harry can register and put review , I hope u get the idea what i m saying, (AT the end i mentioned some really good advice for newbie traders)

    Exness broker are very clever so my advice to newbies and...

Forex Blog

GBP/NZD Consolidates in a Symmetrical Triangle After a Fall

Sun, 20 Aug 2017 12:00

The pound had experienced a rather strong rally against the New Zealand dollar from the beginning of 2017 through the middle of May. It then entered a similarly rapid downtrend, which stalled near the end of June. Since then, the currency pair entered a consolidation phase, which has now took a form of a symmetrical...

Forex Brokers Update — August 20th, 2017

Sun, 20 Aug 2017 11:43

One new broker has been added to the list of FX companies on our website this week: Global Prime — a regulated Australian broker with MT4 platform and $500 minimum account size. It offers very low fixed spreads but charges commission for trading. The maximum leverage is 1:200....

Weekly Forex Technical Analysis (Aug 21 — Aug 25)

Sat, 19 Aug 2017 9:07

EUR/USD

Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1491 1.1576 1.1667 1.1753 1.1843 1.1929 1.2019

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1578 1.1670 1.1754 1.1846
...

Forex News

US Dollar Edges Lower as Political Tensions Reduce Appetite for Risk

US Dollar Edges Lower as Political Tensions Reduce Appetite for Risk

Mon, 21 Aug 2017 17:12

The US dollar moved lower against the euro on Monday amidst light trading, as traders’ appetite for the greenback weakened due to growing political tensions in the United States. The US currency also dropped against Canada’s dollar, despite lower Canadian wholesale sales than expected in June.

Great Britain Pound Mixed as Brexit Continues to Weigh

Great Britain Pound Mixed as Brexit Continues to Weigh

Mon, 21 Aug 2017 14:11

The Great Britain pound was mixed today as uncertainty associated with the Brexit continued to weigh on the currency.

Yen Gains During Quiet Monday's Trading

Yen Gains During Quiet Monday's Trading

Mon, 21 Aug 2017 13:48

The Japanese yen gained today amid quiet trading as geopolitical risks made investors stick to the safety of the currency.

Commodity Blog

US Political Turmoil, Renewed North Korean Tensions Push Gold Closer to $1,300

Mon, 21 Aug 2017 16:53

Gold futures are inching closer to the important $1,300 threshold. With investors losing confidence in President Donald Trump and his ability to enact a pro-business...

Commodities Technical Analysis, August 21st — August 25th

Sun, 20 Aug 2017 9:25

The technical analysis, that includes the indicators’ data and major pivot points for WTI Oil, Gold, Silver and Copper as traded on spot market as of August 20th, 2017:...

Bitcoin Cash Soaring Above $800, NASA, Segwit and a Conceivable Third Fork in November

Sat, 19 Aug 2017 12:17

Bitcoin began trading on August 17 at $4,287 (GMT 00:05), and by noon (GMT 12:00), a new $4,480 all-time high was once again achieved. Since...

Forex Video Zone

Oil to Extend Gains

Oil to Extend Gains

Mon, 21 Aug 2017 16:46

Oil prices showed a minor correction but managed to stay at the highest levels. Today, the Brent Crude Oil is trading at $52.62 per barrel, while WTI is at $48.50. Oil prices are supported by the news from Libya, where oil production at the Sharara field was suspended again. However, according to experts, last week reports still have even greater impact on crude prices. According to Baker Hughes...

Euro Traders Going to Have Busy Week

Euro Traders Going to Have Busy Week

Mon, 21 Aug 2017 16:14

Today, the greenback remains unchanged against majors, which allows the main counterparts of the US currency to grow slightly. First of all, traders should pay attention to the EUR/USD pair. Today, the pair is trading in a narrow range between the levels of 1.1740 and 1.1760. Political tension in the US continues to affect the movement of the national currency. Investors quickly recovered from a dismay caused by the terrorist attack in Barcelona on August 17th. Now the mood of traders is...

EUR/GBP Has Broken Above a Declining Trend Line

EUR/GBP Has Broken Above a Declining Trend Line

Mon, 21 Aug 2017 13:36

EUR/GBP — Looking at the Intraday 30-min chart, the pair has broken above a declining trendline in place, since last Wednesday. It remains supported by the rising 50-period Moving Average. Further advance is also expected above the horizontal support at 0.9105. The first target is set at 0.9150 and the next target at 0.9170 extension. [video]exv45y8goLQ[/video]...