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

  • Per from Germany writes about GAINSY:

    I am trading with this broker last 6 monts, And I have only positive impressions about it.Their support team is really nice and they tried to help you in every situation, even if they musn't do it. Also they gave me good trading conditions and it's c...

  • Jandre Pjanic from Croatia writes about Land-FX:

    Appreciate the variety of Deposit/Withdrawal methods and people working in customer support. The later is the main reason I haven’t fallen for a deposit bonus from a competitor.

  • Paul from Netherland writes about Turnkey Forex:

    The only reason i'm with this broker is that my withdrawals never get delayed and i'm never questioned why i'm withdrawing out as opposed to what my experience is with my past brokers. Apart from being satisfied that i received the money in time, i ...

  • ayanda vincent writes about FBS:

    we have problem with FBS Broken we draw our money on FBS Broken, we can deposit our money and strat trading when i moke mony on forex and i want draw i make money the company of FBS they tell you, you put your money on your wrong side, you have your ...

Forex Blog

Forex Brokers Update — March 17th, 2019

Sun, 17 Mar 2019 9:29

Another week has passed without new additions to the list of Forex brokers on our website, but there are some old brokers to report on: RoboForex is switching spreads from fixed to variable in Fix-Standard and Fix-Affiliate accounts from April 1. CFDs and cryptocurrencies have been added...

Weekly Forex Technical Analysis (Mar 18 — Mar 22, 2019)

Sat, 16 Mar 2019 9:44

EUR/USD

Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1126 1.1174 1.1249 1.1296 1.1371 1.1419 1.1494

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1181 1.1262 1.1303 1.1385
...

EUR/USD Rises, Then Falls amid Directionless Trading

Fri, 15 Mar 2019 21:46

EUR/USD was rising today but has trimmed its gains by now. Trading was rather directionless on Friday as there was no major market-moving news. As for US data, it was mixed. NY Empire State Index dropped from 8.8 to 3.7 in March instead of rising to 10.1 as analysts...

Forex News

British Pound Rallies on Jobs Data, Falls on Brexit Uncertainty

British Pound Rallies on Jobs Data, Falls on Brexit Uncertainty

Tue, 19 Mar 2019 16:42

The Sterling pound today rallied higher against the US dollar following the release of a mostly positive UK labor market report in the early London session. The GBP/USD currency pair later retraced most of its gains as investors became worried about the Brexit process amid the UK political crisis.

Mixed Technical Analysis Signals Tear AUD/USD Apart

Mixed Technical Analysis Signals Tear AUD/USD Apart

Mon, 18 Mar 2019 17:55

Price action seen in Australian dollar's performance versus its US counterpart is affected by the conflicting perspectives presented by the different timeframes in the currency pair's technical analysis.

Canadian Dollar Weakens on Bearish Forecasts

Canadian Dollar Weakens on Bearish Forecasts

Mon, 18 Mar 2019 17:49

The Canadian dollar is weakening to start the trading week, driven by multiple bearish forecasts that suggest the loonie will crumble to multi-year lows. The buck’s losses were capped by rallying energy prices as crude oil prices have surged more than 5% in the last week.

Commodity Blog

Gold Firms Above $1,300 Ahead of Fed Meeting

Tue, 19 Mar 2019 11:17

Gold futures are hovering slightly above the important $1,300 threshold to kick off the trading week. Ahead of the Federal ...

Commodities Technical Analysis, March 18th — March 22nd

Sun, 17 Mar 2019 10:13

The technical analysis, that includes the indicators’ data and major pivot points for WTI Oil, Gold, Silver, Copper, and Natural Gas in continous charts as of March 17th,...

Soybeans Rally Despite Doubts on Chinese Demand Amid Swine Fever

Fri, 15 Mar 2019 14:52

Soybean futures are rallying as much as 1% to finish the trading week, despite bearish sentiment impacting the US agricultural market. As China continues to deal with...

Forex Video Zone

Daily Market News — March 19th 2019

Tue, 19 Mar 2019 16:40

The greenback is looking slightly bearish. The euro is looking strong. The EUR/USD pair is rallying after it has found support at 1.1340. The resistanc levels are 1.1397, 1.1440, and 1.1477. The support levels are 1.1327, 1.1298, and 1.1249. The USD/JPY pair is looking bearish as it has broken the support at 111.45. The resistance levels are 111.45, 111.63, and 112.09. The support levels are 110.60, 110.27, and 110.04. The GBP/USD pair...

EUR/USD and GBP/USD Forecast — March 19th 2019

Tue, 19 Mar 2019 15:41

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the March 19th session. EUR/USD — The market broke above the 50-day EMA and rallied quite strongly on Monday session. The market is trading near the 1.1350 level, which is the middle of the consolidation zone. So, pullbacks are seen as value at the moment. Any dovish stance on monetary policy by the Fed could cause this pair to rise upwards....

Bitcoin Forecast — March 19th 2019

Tue, 19 Mar 2019 15:40

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the March 19th session. Bitcoin/USD — The Monday session was slightly bullish for bitcoin, as the market broke above 4,000, and then fell back to form a shooting star candlestick on the daily chart. The 4,000 to 4,500 level is the zone of resistance. You can hope that the 50-day EMA below will continue to offer support. The 3,500 is the bottom of this...