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

  • Alistair from UK writes about AAATrade:

    this is an excellent brokerage house in terms of keeping up with technological advances, execution and support. They have been honest since the day I registered, warning about the risks associated and everything. Unfortunately, my account manager o...

  • Елена writes about Imperial Global Markets:

    Besides the usual gentleman pack in Imperial, I was also offered to participate in IPO. It's impossible to predict anything, but there have been positive aspects (like the extremely positive background of the usa stock markets) as well as some risks ...

  • Anton from Ukraine writes about EverFX:

    I've already read different opinions about EverFX but I’ve decided to try. So far so good. I haven't found any major problems, any difficulties. Everything is clear and transparent. I got my profit on the debit card account just in a day.

  • Sexy from Russia writes about Forex Optimum:

    I trade on Forex Optimum and have never used indicators. I've decided to use 100% to the deposit bonus. You need to deposit $500 for this. And I could trade with $1,000 after that. This immediately increases the trading opportunities, although the bo...

Forex Blog

Forex Brokers Update — October 21st, 2018

Sun, 21 Oct 2018 18:53

One new company became listed on this week: WCX — an unregulated crypto/FX broker claiming to be from Switzerland. They have a very minimalistic website and offer trading in multiple markets via Bitcoin-based accounts. Maximum leverage for currencies is 1:300. Some other brokers have been updated:...

Weekly Forex Technical Analysis (Oct 22 — Oct 26)

Sat, 20 Oct 2018 9:55


Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1236 1.1334 1.1424 1.1523 1.1613 1.1711 1.1801

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1332 1.1420 1.1520 1.1608

EUR/USD Fails to Bounce as Dollar Remains Supported by Fed

Thu, 18 Oct 2018 15:06

EUR/USD attempted to bounce today after yesterday's drop but failed. The greenback remained supported by the hawkish stance of the Federal Reserve. Macroeconomic reports released in the United States on Thursday were decent, providing additional support to the US currency. Philadelphia Fed manufacturing index fell a bit from 22.9 in September to 22.2 in October....

Forex News

Euro Rallies Slightly Amid Stock Market Sell Off and Italian Politics

Euro Rallies Slightly Amid Stock Market Sell Off and Italian Politics

Tue, 23 Oct 2018 12:47

The euro today rallied slightly against the US dollar despite the lack of any major data releases from the eurozone and the simmering Italian budget drama. The EUR/USD currency pair's rally is most likely due to a technical pullback given yesterday's massive decline and the risk-off market sentient that still exists.

Sterling Falls on Monday on Brexit Headlines

Sterling Falls on Monday on Brexit Headlines

Mon, 22 Oct 2018 20:27

The Great Britain pound sank on Monday against all other most-traded currencies, including the euro that was extremely weak itself, amid the negative Brexit headlines, which made the currency unappealing to investors.

Canadian Dollar Sideways Ahead of Key BOC Rate Decision

Canadian Dollar Sideways Ahead of Key BOC Rate Decision

Mon, 22 Oct 2018 17:45

The Canadian dollar is trading sideways on Monday ahead of an important announcement on interest rates by the Bank of Canada (BOC). The loonie is also struggling to find an upwards direction because of sliding crude oil prices, weak economic data, and a rallying greenback.

Commodity Blog

Crude Oil Rebounds After Declining on Saudi Arabia Supply

Mon, 22 Oct 2018 19:54

Prices for crude oil dipped during the Monday's trading session but rebounded later. The decline was a reaction to the statement from Saudi Arabia's Energy...

Is BTCUSD Due For a Downtrend?

Mon, 22 Oct 2018 19:09

Is Bitcoin digital gold? The CEO of Genesis Global Trading, Michael Moro was asked that age-old question during the ...

Gold Trades Sideways on Fed, US Dollar Pressure

Mon, 22 Oct 2018 17:07

Gold futures are trading sideways to kick off the trading week as a hawkish Federal Reserve and a rallying US dollar are applying pressure on the yellow metal....

Forex Video Zone

Candlestick Patterns — Candlestick Pattern Basics

Tue, 23 Oct 2018 14:20


Put Your Trade and Leave It — Forex Trading

Tue, 23 Oct 2018 13:30

In this video, you will learn about how to handle a trade after you have placed it on the chart. It is an enjoyable experience to see a trade go in profit and you can close your position in profit. But this is not always the case. Sometimes it takes lots of time before the market makes up its mind to find a direction. In this case, you may not be able...

Daily Market Roundup — October 23rd 2018

Tue, 23 Oct 2018 13:12

Yesterday session saw the greenback and the yen to gain against other currencies. The EUR/USD pair and has turned bearish and the 1.1444 level below looks supportive. The resistance levels are 1.1480, 1.1547, and 1.1566. The support levels are 1.1444, 1.14, and 1.1353. The USD/JPY pair is facing strong resistance at 112.83. It has fallen once again. The resistance levels are 112.83, 113.56, and 114.18. The support levels are 111.94, 111.66, and 111.43....