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

Forex Blog

Weekly Forex Technical Analysis (Jun 25 — Jun 29)

Sat, 23 Jun 2018 9:52

EUR/USD

Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1382 1.1445 1.1550 1.1612 1.1717 1.1779 1.1884

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1456 1.1570 1.1623 1.1737
...

EUR/USD Reverses Losses, Boosted by Weak Manufacturing Index

Thu, 21 Jun 2018 14:49

EUR/USD was falling during the current trading session but managed to reverse its losses. The rebound gained momentum after the Philadelphia Fed reported that its manufacturing index fell this month much more than was expected. The US leading indicators also provided an unpleasant surprise, and unemployment claims...

EUR/USD Recovers After Diving Intraday

Wed, 20 Jun 2018 15:48

EUR/USD fell intraday during the current trading session but managed to bounce by now. The currency pair was under influence of various factors, including US tariffs and planned retaliation to them from the European Union, the speech of European Central Bank President Mario Draghi, and the positive surprise from the German ...

Forex News

Euro Trades Sideways on Mixed German IFO Survey Data

Euro Trades Sideways on Mixed German IFO Survey Data

Mon, 25 Jun 2018 11:53

The euro today rallied slightly higher after the release of the German IFO business climate index for June, which matched expectations. The euro opened today's session on a downtrend even as the selling pressure on the single currency increased due to the ongoing trade tensions between the US, China and the European Union.

Canadian Dollar Ends Week Soft, Hurt by Trade War Threat

Canadian Dollar Ends Week Soft, Hurt by Trade War Threat

Sat, 23 Jun 2018 16:35

The Canadian dollar ended the week soft, mainly due to risk aversion caused by the threat of trade wars. Underwhelming domestic macroeconomic data hurt the Canadian currency for a short while, but it recovered quickly.

Canadian Dollar Declines on Weak Retail Sales and CPI Data

Canadian Dollar Declines on Weak Retail Sales and CPI Data

Fri, 22 Jun 2018 15:16

The Canadian dollar today dropped drastically against the US dollar following the release of the latest Canadian Consumer Price Index data, which missed expectations by a huge margin.

Commodity Blog

Commodities Technical Analysis, June 25th — June 29th

Sun, 24 Jun 2018 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 June 24th,...

Gold Hovers Around 2018 Lows As Investors See Downside

Fri, 22 Jun 2018 14:49

Gold futures are trying to muster up a rally to end the trading week, but they are still hovering around their lowest levels seen...

Prices for Brent Crude Fall amid OPEC Production Increase Speculations

Thu, 21 Jun 2018 19:39

Futures for Brent crude oil declined today amid speculations that the Organization of Petroleum Exporting Countries and its allies will increase production. West...

Forex Video Zone

Effective Forex Reversal Indicator

Sun, 24 Jun 2018 16:05

In this video tutorial, we will be talking about forex reversal indicators. Why reversal indicators?

  • Enter a trade at the beginning of a new trend.
  • Prevent yourself from getting into a losing trade.

MACD:

Basically, it is a reversal indicator When the MACD histogram shortens, it tells us that the price is going reverse So, the MACD indicator is a very good tool to tell us the price...

Economic Boom

Sun, 24 Jun 2018 14:24

The economic cycle has its ups and downs. At one moment, the economy expands, and the next, it slows down. At times, the cycle is small and may go relatively unnoticed while at other times, this cycle feels more like a tidal wave. Large economic swings are commonly referred to as booms and busts. In this video, we will focus on booms and the asset bubbles that commonly accompany them. We will explain...

Oil Prices Consolidate Ahead of OPEC Meeting

Fri, 22 Jun 2018 15:27

At the end of this trading week, oil prices paused a decline. The attention of traders is absorbed by the upcoming results of the OPEC meeting in Vienna. The Brent Crude Benchmark has rebounded from the local low at $73 per barrel and added about 1%. Market participants hope that today oil producers will refrain from taking a hasty decision to get back to the previous output levels. Additional support to oil prices is...