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

  • Felix from Serbia writes about Turnkey Forex:

    Been with turnkey for a while now and never really found a reason to complain. The whole process of trading be it spreads; execution; platform; commission to depositing and taking withdrawals has been SIMPLE and without dramas. Good broker that deser...

  • Timur from Russia writes about FxPro:

    I’m completely satisfied with FxPro. It is the first broker where I have no serious problems. The platform is very easy to use. Also, they provide a wide range of trading tools.

  • Oswald Becker from Germany writes about AAFX Trading:

    Basically I am a scalper and to the scalpers, broker is one of the facts because there are still many brokers who create problems to scalpers. But AAFX is a good choice to the scalpers because they allow traders with all advanced technologies and all...

  • Ray Bill from Croatia writes about Coinexx:

    After analyzing and testing them for a year and a half all I can say is, they are what all other traders are claiming them to be- the Best Broker to choose for trading today. Mostly all the brokers I have traded with have created drama in one way or ...

Forex Blog

EUR/USD Moves Sideways on Wednesday

Wed, 26 Jun 2019 14:51

EUR/USD was moving sideways today amid somewhat directionless trading. On one hand, the market sentiment was lifted by comments from Treasury Secretary Steven Mnuchin that suggested the United States and China are close to reaching a trade deal. On the other, the dollar got boost from comments of Fed officials...

EUR/USD Declines Despite Poor US Macroeconomic Data

Tue, 25 Jun 2019 21:05

EUR/USD declined today, though trimmed losses by the end of the trading session. The currency pair fell even as most US macroeconomic indicators released on Tuesday were disappointing. S&P/Case-Shiller home price index rose 2.5% in April, year-over-year, in line with expectations. The index was up 2.6% the month before....

Weekly Forex Technical Analysis (Jun 24 — Jun 28, 2019)

Sat, 22 Jun 2019 9:50

EUR/USD

Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1045 1.1113 1.1241 1.1309 1.1438 1.1506 1.1634

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1128 1.1272 1.1325 1.1468
...

Forex News

US Dollar Mixed Under Influence of Various Fundamentals

US Dollar Mixed Under Influence of Various Fundamentals

Wed, 26 Jun 2019 20:50

The US dollar was mixed today, falling versus commodity currencies, but staying flat or gaining versus majors. There were plenty of various fundamentals that were affecting the greenback.

Canadian Dollar Strengthens on Wholesale Data, Energy Prices

Canadian Dollar Strengthens on Wholesale Data, Energy Prices

Wed, 26 Jun 2019 18:20

The Canadian dollar is strengthening midweek as wholesalers recorded their fastest two-month gain in about four years and crude oil prices continued their bullish ways. The loonie’s gains were capped on the accelerating diplomatic and economic fallout between Canada and China.

Euro Trades Sideways as US Fed Dashes Rate Cut Expectations

Euro Trades Sideways as US Fed Dashes Rate Cut Expectations

Wed, 26 Jun 2019 15:44

The euro today traded mostly sideways with a bearish tilt as markets digested the less dovish message issued by Jerome Powell the US Fed Chairman during his speech yesterday.

Commodity Blog

Bitcoin Breaks $13,500 and Looks for Even More Gains

Wed, 26 Jun 2019 18:49

Bitcoin prices are going full throttle, as the digital currency broke $13,000 today and peaked at $13,850, less than 24 hours after breaking $12,000...

Crude Oil Jumps on Larger-Than-Expected Decline in US Supplies

Wed, 26 Jun 2019 17:36

Crude oil futures are rallying midweek after the US government reported a larger-than-expected decline in domestic inventories. The rebound came after crude prices...

Video: Crude Oil as of June 26, 2019

Wed, 26 Jun 2019 13:58

In the present video, Phil Carr from The Gold and Silver Club talks about crude oil as of June 26, 2019. He starts with discussing the last...

Forex Video Zone

Best Candlestick Patterns - Engulfing Candle Strategy

Wed, 26 Jun 2019 14:20

In this video, you will learn about a trading strategy using the bullish engulfing candlestick pattern. You locate this pattern at the end of the downtrend. The first candlestick is the bearish candlestick. It is followed by the green candlestick, which completely engulfs the body of the first bearish candlestick. As you can see, the following candle is green, and the price rises up. For example, look at this chart. The bullish engulfing pattern is marked...

EUR/USD and GBP/USD Forecast — June 26th 2019

Wed, 26 Jun 2019 14:13

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the June 26th session. EUR/USD — The market fell on Tuesday session towards the 1.1350 level trying to locate support. However, the 200-day EMA could offer support. So, the market could remain range bound for a while, until it builds enough momentum to make it to the upside. Gold is looking bullish at the moment. If the market breaks below the current...

Gold Forecast — June 26th 2019

Wed, 26 Jun 2019 14:07

In this video, the Trader Guy looks at the commodity, gold for the June 26th session. Gold/USD — After a parabolic move, the market made a shooting star candlestick on Tuesday session, which is a bearish sign. This was due to the speech by the Fed authorities. So, this market needs a pullback, and you can view pullbacks as value, as this market looks very bullish at the moment. The $1,400 level below...