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

  • regaura from Odessa writes about FreshForex:

    I trade with FreshForex couple of months. What I noticed immediately is client support policy for both registered and new clients. My previous broker didn't offer so many educational materials or bonuses. I was pleasantly surprise that everything is ...

  • Fatma M from Egypt writes about ThinkMarkets:

    BEWARE THEY ARE NOT REGULARED BY FCA AND THEY WILL STEAL YOUR PROFITS

    I have traded with ThinkMarkets few months ago, and made some profits, then all of a sudden they cancelled 17,000 USD of my profits claiming that i have violated the TOS.

    I h...

  • Marty from USA writes about PaxForex:

    Falsely advertising intant orders when its actually market based. The deviation setting is only there to look at. On their website and other forex info sites they are instant execution. Lies!!! Lost my money on buy orders set on usd/cad for news even...

  • Alpari writes about Alpari:

    Hello, Peter! We have no any troubles with a withdrawal. Please specify your myAlpari number (send it please by email forum@alpari.org). Also send us your screenshots. We will solve this issue as soon as possible and provide you with the public answe...

Forex Blog

EUR/USD Currency Pair Acts in Contradiction to Macroeconomic Data

Tue, 24 Apr 2018 14:44

EUR/USD acted in contradiction to economic reports released during the current trading session. The currency started its rally after the surprisingly weak German Ifo Business Climate (event A on the chart) and continued to rise even as US data was good for the most part. The possible reason for such a weird behavior was profit-taking after...

EUR/USD Down for Third Day as US Treasury Yield Surges

Mon, 23 Apr 2018 14:38

EUR/USD fell today, declining for the third consecutive trading session. Market analysts explained the dollar's strength by the surging yield for 10-year US Treasuries, though bets on an interest rate hike from the Federal Reserve in June were certainly helping the currency as well. US macroeconomic reports released today were...

Weekly Forex Technical Analysis (Apr 23 — Apr 27)

Sat, 21 Apr 2018 9:50

EUR/USD

Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.2056 1.2153 1.2220 1.2317 1.2384 1.2481 1.2548

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.2145 1.2205 1.2309 1.2369
...

Forex News

Bank Indonesia May Intervene to Support Falling Rupiah

Bank Indonesia May Intervene to Support Falling Rupiah

Wed, 25 Apr 2018 11:01

The Indonesian rupiah fell today, prompting speculations that the nation's central bank will intervene to defend the currency.

Yen Continues to Fall After Economic Data Disappoints

Yen Continues to Fall After Economic Data Disappoints

Wed, 25 Apr 2018 10:39

The Japanese yen has started a decline at the end of the previous trading session and continued to move lower during today's session. Japan's macroeconomic data was somewhat disappointing, meaning that it could not stop the currency's fall.

EUR/USD Rallies Higher Despite Weak German IFO Survey Data

EUR/USD Rallies Higher Despite Weak German IFO Survey Data

Tue, 24 Apr 2018 17:55

The EUR/USD currency pair today rallied higher despite the release of the disappointing German IFO business climate index early in the European session. The pair maintained its uptrend into the early North Americans session despite the release of positive US macro data.

Commodity Blog

Unexpected Crude Stockpile Rise Leads To Slight Slip In Oil Prices

Wed, 25 Apr 2018 15:52

Oil prices retreated slightly on Wednesday after the Energy Information Administration announced an increase of 2.2 million barrels of oil for the week ending April 20. This...

Copper Futures Firm amid Soft Chinese Demand, Strong Supplies

Tue, 24 Apr 2018 16:49

Copper futures rose as much as 1% on Tuesday as a myriad of news stories affected the industrial metal. Investors weighed a variety of factors, including protectionist trade policies,...

US Rusal Reprieve Sees Aluminium Prices Fall

Tue, 24 Apr 2018 16:06

Aluminum prices continued their decline on Tuesday, following on from record falls on Monday. The base metal fell 7% yesterday and had slipped a further 3%...

Forex Video Zone

Bears Take Control Over Cryptocurrency Market

Wed, 25 Apr 2018 15:44

The cryptocurrency market has entered the correction zone, reversing a strong rally. Bitcoin is losing ground. Its quotes are approaching the level of $9,000 after hitting the monthly high. One of the reasons behind depreciation of most cryptocurrencies is the news from China. Reportedly, the police of Tianjin city confiscated about 600 computers that were used for mining bitcoins. Beijing took the hard line on cryptocurrencies. One of the PayPal founders Bill...

Oil Traders Adopt Wait-and-See Approach

Wed, 25 Apr 2018 14:05

Today, crude prices are under pressure as the American Petroleum Institute delivered downbeat data. According to the preliminary report, the US Crude Oil stockpiles advanced by 1 million 99 thousand barrels, while a decline of 2 million barrels had been anticipated. Now, market participants are waiting for official statistics by the Energy Information Administration. Still, traders worry that the official data will show an increase...

Bitcoin Forecast — April 25th 2018

Wed, 25 Apr 2018 13:42

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the April 25th session. Bitcoin/USD — As you can see, bitcoin has rallied a bit against the US dollar, up by 5%. When I look at this market, I think that 10,000 of course will have a certain amount of psychological resistance. I think it goes to 12,000, which is more than likely going to be the target., once we get...