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:

    I have to thank Orbex for the excellent experience from the last year. They provide good conditions and quickly process withdrawals. In addition, their spreads and licenses are additional reasons that make me calm down with them.

  • 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

EUR/USD Demonstrates Volatile Reaction to US CPI

Wed, 14 Nov 2018 14:41

EUR/USD reacted with volatility to the US Consumer Price Index, which came out within expectations. Initially, the currency pair spiked but retreated very quickly, demonstrating a sharp pullback. CPI rose 0.3% in October, matching analysts' forecasts exactly. The index increased 0.1% in September. (Event A on the chart.) Yesterday, a report...

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....

Forex News

Pound Crashes as Two UK Ministers Resign Following Brexit Deal

Pound Crashes as Two UK Ministers Resign Following Brexit Deal

Thu, 15 Nov 2018 10:57

The British pound today crashed to new 2-week lows after two UK Ministers and a junior minister led by former Brexit Secretary Dominic Raab resigned following yesterday's draft Brexit deal.

Australian Dollar Propelled by Solid Employment Data

Australian Dollar Propelled by Solid Employment Data

Thu, 15 Nov 2018 10:10

The Australian dollar rose today, propelled higher by strong employment figures. The falling inflation expectations did not affect the currency at all. While the Aussie has trimmed gains against some of its most-traded rivals by now, the currency remains safely above the opening level.

US CPI Accelerates Within Expectations, US Dollar Index Falls Slightly

US CPI Accelerates Within Expectations, US Dollar Index Falls Slightly

Wed, 14 Nov 2018 18:51

The US dollar gained on some of its major rivals, including the euro and the Great Britain pound, after consumer inflation in the United States accelerated in line with market expectations. Overall, though, the currency traded slightly lower.

Commodity Blog

Gold Gains on Risk Aversion, Weakening Dollar

Wed, 14 Nov 2018 20:21

Futures for gold logged solid gains today, rising more than 1%. Other precious metals rallied as well, with the exception of palladium. Market analysts...

Breaking News: Bitcoin Price Drops Sharply Below $6,200

Wed, 14 Nov 2018 18:17

The cryptocurrency markets are currently in the red as most top digital coins are taking a hit, with some dropping...

Oil Rebounds From Crash, Climbs 3% As OPEC Weighs Supply Cut

Wed, 14 Nov 2018 17:31

Crude oil futures are rebounding midweek after recording their 12th consecutive loss on Tuesday. In just six weeks, the soaring oil market...

Forex Video Zone

Daily Market Roundup — November 15th 2018

Thu, 15 Nov 2018 12:42

The euro, the pound, and the Aussie are looking bullish. The greenback is showing a bearish sentiment. The EUR/USD pair is rising and is gaining from the bullishness in the pound. The resistance levels are 1.1354, 1.1368, and 1.1393. The support levels are 1.1256, 1.1150, and 1.1030. The USD/JPY pair is facing strong resistance at 113.66 and is looking bearish. The resistance levels are 113.66, 114.18, and 114.74. The support levels are 113.06, 112.57, and 112.19. The GBP/USD...

What Are the Advantages of Forex Trading?

Wed, 14 Nov 2018 16:09

In this video, you will understand what makes forex trading an interesting job. You are your own boss in this field. You can set your rules. You don't have to go to any office, because you can trade from home using your computer or laptop. Also, you have flexible timings to trade. There is no rigid 9 to 5 schedule. You don't have...

Fibonacci Retracement Levels Trading Strategy

Wed, 14 Nov 2018 16:06

In this video, you will learn about Fibonacci retracement to find out the support and resistance levels for a good trade entry. The important Fibonacci retracement levels are 61.8%, 50%, and the 38.2% levels. When price touches these levels, that is when you enter a trade in the direction of the trend. In case of an uptrend, draw the Fibonacci retracement from swing low to swing high. You get the Fib retracement levels. When...