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

  • Karl from Berlin writes about ForexChief:

    My experience with Forexchief is rather a good one. I usually deposit with withdraw in bitcoins all the time. I prefer this option because I hate dealing with other payment systems and the broker honors my request on time.

    I really do like the fa...

  • Marko from Romania writes about IFC Markets:

    Good and reliable company. First of all, I advise to trade with IFC Markets to stock traders. There are many companies introduced. There is also a very interesting thing – PCI method that allows you to increase or decrease volatility by creating your...

  • Mohammad Al Jasser from Saudi Arabia writes about One Global Market:

    no issue in withdrawal/deposit of my money with OGM.

    It makes me feel secure as I myself is an experienced pamm investor and I always prioritize on a broker reputation and service/support before investing.

  • John Kimmel from United Kingdom writes about One Global Market:

    Honestly this has to be the best broker I have worked with. Never had a problem with the platform or the broker in general. Their support team is always available and so supportive. What makes them the best to me is that they are 100% genuine and my ...

Forex Blog

Weekly Forex Technical Analysis (Jan 21 — Jan 25, 2019)

Sat, 19 Jan 2019 9:51

EUR/USD

Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1179 1.1266 1.1316 1.1403 1.1452 1.1539 1.1589

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1257 1.1297 1.1393 1.1434
...

EUR/USD Declines amid Speculations About US Tariffs Rollback

Fri, 18 Jan 2019 19:20

EUR/USD declined today even as the US consumer sentiment worsened significantly this month. Yet the improving industrial production helped the dollar to gain on the euro. Another reason for the dollar's strength was the rumor that the United States are considering lifting tariffs on Chinese imports. Industrial production rose 0.3% in December...

EUR/USD Little Changed Despite Disappointing Eurozone Inflation, Positive US Data

Thu, 17 Jan 2019 18:45

EUR/USD was little changed today even after the inflation print released in the eurozone came out below expectations (event A on the chart), while US macroeconomic indicators surprised positively. Philadelphia Fed manufacturing index jumped from the revised reading of 9.1 in December to 17.0 in January. Analysts had...

Forex News

US Dollar Ends Week Strong on Hopes for Improvement in Sino-US Trade Relationships

US Dollar Ends Week Strong on Hopes for Improvement in Sino-US Trade Relationships

Sat, 19 Jan 2019 15:03

The US dollar was one of the strongest currencies during the trading week, mostly due to the optimism about Sino-US trade negotiations. Surprisingly, the Great Britain pound was also strong despite the unfolding Brexit drama.

Canadian Dollar Firm After Better-than-Expected CPI Release

Canadian Dollar Firm After Better-than-Expected CPI Release

Fri, 18 Jan 2019 21:57

The Canadian dollar managed to gain on most of its major rivals today, excluding the US dollar, thanks to the better-than-expected inflation print released by Statistics Canada during the trading session.

US Dollar Gains on Mixed Data, China Trade News

US Dollar Gains on Mixed Data, China Trade News

Fri, 18 Jan 2019 16:43

The US dollar gained momentum on Friday, extending its gains over the past week. The greenback edged higher on mixed economic reports were released and breaking news that China is offering a $1 trillion-a-year olive branch on imports that could end the trade war almost immediately.

Commodity Blog

Commodities Technical Analysis, January 21st — January 25th

Sun, 20 Jan 2019 11:23

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 January 20th,...

Positive Fundamentals Lead to Daily & Weekly Gains for Crude Oil

Fri, 18 Jan 2019 21:25

Prices for crude oil rallied strongly on Friday due to a range of positive fundamental factors. The commodity was also heading to weekly gains. One of such factors...

Gold Poised for Weekly Loss As Risk Appetite Reignites

Fri, 18 Jan 2019 15:53

Gold futures are tumbling at the end of the trading week and are on track to record a tepid weekly loss. With optimism over a potential US-China trade deal...

Forex Video Zone

Three Types of Money in One Minute: Commodity Money, Representative Money and Fiat Money/Currency

Sun, 20 Jan 2019 7:58

In this video, you will learn about three types of money. Over thousands of years, people have been exchanging commodities as a means to purchase or to sell. This is called commodity money. They used commodities like gold, silver, etc. But this was limited by the amounts of commodities that they carry with them for exchange. So, this led to the emergence of representative money. In this case, the money was...

CFDs — Using a CFD Broker to Play Global Correlations

Sun, 20 Jan 2019 7:09

In this video, you will learn about taking advantage of a CFD broker to observe global correlations. By using a standard forex broker, you may not be able to compare markets which are correlated to each other. If you want to play the Canadian dollar and the Mexican Peso, you need to look at the Crude Oil markets. The New Zealand exports milk. So, you need to take advantage...

Manipulations & Divergence

Sun, 20 Jan 2019 6:49

In this video, you will learn about the market manipulation and how you can overcome it using momentum divergence. For observing divergence, you can use indicators like RSI, momentum, etc. It is important to understand how large traders manipulate the markets by understanding psychologically how small traders would react for a certain type of price movement. These are not potential entry points,...