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

  • James Boris writes about AAFX Trading:

    They assist traders and investors in using Forex and other instruments as an asset class and part of their investment objectives. They strive to offer the best trading platforms with access to low cost pricing, reliable trading infrastructure, fast e...

  • Miroslav from Bratislava writes about FxPro:

    I have good experience while working with them. Withdrawals always in time. I use debit card and skrill to withdraw my profit. Transactions are very fast.

  • Ezechiel Galindo from france writes about Forex Optimum:

    The most important thing for any broker is how funds withdrawal is done. Forex Optimum does this well. I have never had any problems in any case. The money is credited steadily during the day. The orders are made quickly and conveniently. The platfor...

  • Brandon Wright from UK writes about CIBFX:

    As a naïve trader, I always require a broker that can ensure me a full time support so that under its expert supervision I can continue trading safely. And I have found this 24hours customer care support with this broker, CIBfx. It has a complete tea...

Forex Blog

Weekly Forex Technical Analysis (May 28 — Jun 1)

Sat, 26 May 2018 9:54

EUR/USD

Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1402 1.1524 1.1586 1.1708 1.1771 1.1893 1.1955

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1509 1.1557 1.1693 1.1741
...

EUR/USD Resumes Decline as Geopolitical Tensions Don't Escalate

Fri, 25 May 2018 15:31

EUR/USD attempted to rally yesterday on the back of geopolitical tensions, but the rally did not last long, and now the currency pair moves down again. Analysts explained the decline, which pushed the EUR/USD pair to the lowest since November, by the fact the tensions did not escalate. Today's macroeconomic data in the United States was...

EUR/USD Rises As Geopolitical Tensions Resurface

Thu, 24 May 2018 15:01

EUR/USD rose today as the dollar was under pressure from resurfacing geopolitical tensions. US President Donald Trump was pushing for tariffs on imported cars. He also announced that the planned meeting with North Korean leader Kim Jong-un was cancelled. Meanwhile, US economic data released today...

Forex News

Japanese Yen Ends Week Strongest amid Risk Aversion

Japanese Yen Ends Week Strongest amid Risk Aversion

Sat, 26 May 2018 17:02

The Japanese yen ended the week as the strongest among the major currencies, supported by risk aversion. Market participants were seeking a safe haven amid geopolitical tensions and economic worries, and that led them to the safety of Japan's currency.

Turkish Lira Continues to Slide Despite Central Bank's Efforts

Turkish Lira Continues to Slide Despite Central Bank's Efforts

Fri, 25 May 2018 17:45

The Turkish lira continued to slide today despite efforts from the nation's central bank to stem the currency's depreciation.

British Pound Trades Lower Despite In Line UK GDP Data

British Pound Trades Lower Despite In Line UK GDP Data

Fri, 25 May 2018 14:00

The British pound today declined against the US dollar despite the release of the second estimate UK GDP data for Q1 2018, which met expectations. The Sterling pound was on a downtrend against the greenback from the Asian session, but rallied slightly following the GDP report before heading lower.

Commodity Blog

Gold Falls Back to $1,300, Poised for a Small Weekly Gain

Fri, 25 May 2018 15:29

Gold futures are hovering just above the crucial $1,300 threshold as the yellow metal is on track for a small weekly gain. Gold contracts may be...

Oil Plunges As OPEC Decides Whether to Increase Supply

Fri, 25 May 2018 12:30

OPEC nations have been propping up oil prices by restricting the amount they supply to market, but in the aftermath of recent concerns over supply from...

Natural Gas Edges Up After Inventories Rise As Expected

Thu, 24 May 2018 17:10

Natural gas futures are rallying on Thursday after the US government reported that domestic inventories rose as the market had anticipated. After a sluggish start...

Forex Video Zone

Install an Indicator in MetaTrader 4 (MT4)

Install an Indicator in MetaTrader 4 (MT4)

Fri, 25 May 2018 17:39

In this video, we will look at how to install an indicator in the MetaTrader platform. This video assumes that you have an indicator already downloaded. You have to download the file to the correct location.

  1. Local Disk C:\
  2. Program Files
  3. Name of your broker.
  4. Experts.
  5. Indicators.
If you have MetaTrader open, please close it. Restart MetaTrader to refresh the list of Expert Advisors and indicators. To apply...

USD Going on With Downward Correction

USD Going on With Downward Correction

Fri, 25 May 2018 14:55

The US dollar was trading lower in the Asian session as market participants hesitate about which currency to buy. Though the USD/JPY pair made a minor upward correction, it is trading under pressure at near 109.40. Political developments still determine price movements of trading assets. On Thursday, US President Donald Trump cancelled the summit with North Korean leader Kim Jong Un which was slated from June...

Bitcoin Forecast — May 25th 2018

Bitcoin Forecast — May 25th 2018

Fri, 25 May 2018 14:36

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the May 25th session. Bitcoin/USD — As you can see, it was nothing, the session was very soft and weak during the Thursday. It might bring a little bit of a bounce, but clearly we are in a range with 6,000 being the bottom. I think we could very well find ourselves going to 7,000 and then break down to 6,000....