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

  • Ebrahem from Egypt writes about Grand Capital:

    They don't pay , my withdrawal request is pending for along time , and support doesn't answer my emails

  • Patrick from South Africa writes about AMarkets:

    Upon my registration with Amarkets I received $30 bonus of which I managed to build to $450 in few days. I even withdrew $350 with no hassle through their visa/master card method.I just want to thank Amarkets for their great services,may they keep...

  • Sebastian from France writes about Orbex:

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  • Kumara from India writes about FreshForex:

    An awesome broker to trade with. Utilizing their bonus offer means more profitability to our accounts since the bonus itself can hold our drawdown. You can also trade other instruments like cryptocurrency there or even deposit with cryptocurrency...

Forex Blog

CAD/CHF Consolidated in Symmetrical Triangle After Rally

Sun, 11 Nov 2018 16:37

The Canadian dollar has formed a symmetrical triangle pattern versus the Swiss franc, which is especially visible on daily timeframe. The pattern follows an upswing and suggests a continuation of the bullish trend in case of a topside breakout. The borders of the triangle are marked with the yellow lines on the image below. My potential entry level is...

Forex Brokers Update — November 12th, 2018

Sun, 11 Nov 2018 9:51

No new brokers have become listed on our website during this week. Some have been updated: ForexChief is now registered in Vanuatu. Accepts deposits via Bitcoin, FasaPay, and UnionPay. Added many new cryptocurrency pairs for trading. They now accept US traders and offer trading contests....

Weekly Forex Technical Analysis (Nov 12 — Nov 16)

Sat, 10 Nov 2018 9:52

EUR/USD

Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1083 1.1199 1.1267 1.1383 1.1451 1.1567 1.1634

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1187 1.1242 1.1371 1.1426
...

Forex News

Pound Falls on UK Political Uncertainty Amid Weak Inflation Data

Pound Falls on UK Political Uncertainty Amid Weak Inflation Data

Wed, 14 Nov 2018 12:47

The Sterling pound today traded lower against the US dollar as markets awaited the crucial meeting between the British PM Theresa May and her cabinet to approve the draft Brexit deal.

Euro Falls on Weak German GDP Growth as Italian Crisis Persists

Euro Falls on Weak German GDP Growth as Italian Crisis Persists

Wed, 14 Nov 2018 11:30

The euro today fell significantly against the US dollar following the release of weak German GDP growth data in the early European session. The single currency's decline was further accelerated by the risk-off market sentiment as investors waited for the resolution of the ongoing Italian budget crisis.

Aussie Reacts Negatively to China's Disappointing Retail Sales

Aussie Reacts Negatively to China's Disappointing Retail Sales

Wed, 14 Nov 2018 9:34

The Australian dollar attempted to rally during the Wednesday's trading session but fell later. Some market analysts attributed the decline to the worse-than-expected retail sales in China. China's macroeconomic data often has strong impact on the Australian currency because China is Australia's biggest trading partner.

Commodity Blog

Copper Rebounds As Investors Wait for Chinese Data, Sliding Dollar

Tue, 13 Nov 2018 17:38

Copper futures are rebounding on Tuesday after declining to kick off the trading week. The industrial is benefiting from the wait-and-see approach by investors pertaining...

Bitcoin Continues to Languish Below $6,500

Mon, 12 Nov 2018 19:13

One of the most anticipated events for 2018 in the crypto community is the decision on the Bitcoin exchange-traded fund...

Gold Hovers Around $1,200 As Dollars Surges to 17-Month High

Mon, 12 Nov 2018 18:26

Gold futures are hovering just above the crucial $1,200 mark. Despite the massive selloff in US equities, the yellow metal is sliding on a soaring greenback,...

Forex Video Zone

Bitcoin Forecast — November 14th 2018

Wed, 14 Nov 2018 14:12

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the November 14th session. Bitcoin/USD — The Wednesday session saw the markets doing very little. The market is just moving sideways. Also, the 50-period EMA is flattening. It looks like bitcoin is going to be in a consolidation phase for some time. If the markets fall, then the 6,000 level could offer some support. Above, the 7,000 level...

Recap of Asian Trade — November 14th 2018: USD/JPY and AUD/USD

Wed, 14 Nov 2018 14:00

The trade talks between the US and China are having a significant impact on the greenback. The US dollar index is trading at 97.10. The USD/JPY pair is trading at 113.90. There was a GDP report published today by Japan, which only showed a slowdown. Also, China released its data on unemployment rate and industrial output. These data from China impacted the AUD/USD pair. The pair is trading at 0.7720. However, the AUD/USD pair's...

Daily Market Roundup — November 14th 2018

Wed, 14 Nov 2018 13:40

The greenback and the yen are weakening at the moment. The Aussie is showing bullish sentiment. The EUR/USD pair is gaining strength, but facing strong resistance at 1.1314. The resistance levels are 1.1314, 1.1354, and 1.1368. The support levels are 1.1256, 1.1150, and 1.1030. The USD/JPY pair is looking bullish, but a consolidation looks likely. The resistance levels are 114.18, 114.74, and 115.97. The support levels are 113.56, 113.06, and 112.57. The GBP/USD pair...