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

Forex Blog

Interview with Alex Melkumyants from AMarkets

Mon, 18 Jun 2018 15:06

AMarkets (known as AForex before 2015) is one of the oldest "classic" MetaTrader brokers. By combining high leverage, low starting minimum, great variety of trading instruments, and multiple electronic deposit/withdraw methods, such brokers were aplenty in late 2000's. Few have survived to our time though. AMarkets demonstrated the ability...

Forex Brokers Update — June 17th, 2018

Sun, 17 Jun 2018 10:34

There were no new brokers added during the week that is ending today, just some minor updates: AMarkets opened an office in Indonesia and now also offers support service in Indonesian. 24option no longer offers binary options trading. AAATrade added MT5 platform in demo and real...

Weekly Forex Technical Analysis (Jun 18 — Jun 22)

Sat, 16 Jun 2018 9:51

EUR/USD

Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1174 1.1358 1.1483 1.1667 1.1792 1.1976 1.2101

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1343 1.1453 1.1652 1.1761
...

Forex News

NZ Dollar Robust Despite Worsening Economic Outlook

NZ Dollar Robust Despite Worsening Economic Outlook

Mon, 18 Jun 2018 13:08

The New Zealand dollar gained on its most-traded rivals today, though not on the extremely strong euro. Such good performance was surprising, considering the risk-off market sentiment and the worsening outlook for New Zealand's economic growth.

Japanese Yen Strong on Risk Aversion

Japanese Yen Strong on Risk Aversion

Mon, 18 Jun 2018 12:44

The Japanese yen was relatively strong today due to risk aversion caused by the US-China trade war. Surprisingly poor domestic macroeconomic data had limited impact on the currency.

Pessimistic Economic Outlook Weighs on Pound

Pessimistic Economic Outlook Weighs on Pound

Mon, 18 Jun 2018 12:20

The Great Britain pound was soft today due to the pessimistic economic outlook for the United Kingdom. Decent macroeconomic data was unable to rescue the currency.

Commodity Blog

Agricultural Commodities Under Pressure, Livestock Trade Higher

Mon, 18 Jun 2018 20:46

Grains and softs were under pressure on Monday due to the threat of a full-scale trade war between the United States and China. Rains in parts of the USA...

Oil Prices Increase on Supply Boost Fears

Mon, 18 Jun 2018 17:52

Oil prices have risen on Monday, as it has emerged that the expected oil production from OPEC nations will not be as high as previously...

Gold Edges Higher After Posting Lowest 2018 Settlement

Mon, 18 Jun 2018 16:48

Gold futures are inching higher to kick off the trading week, attempting to rebound from their lowest settlement of 2018 last week. The yellow metal...

Forex Video Zone

Forex Trading — Using Economic Calendar and Fundamentals

Forex Trading — Using Economic Calendar and Fundamentals

Mon, 18 Jun 2018 15:00

News and data releases are considered to be leading indicators for the economy. They provide us with an idea of direction in which the economy is heading towards. It is because of this, they have the power to turn the market around at any point throughout the day. So, what you might see is huge spikes in the market at the time of the release. One thing you must consider is that it has the news...

Bitcoin Forecast — June 18th 2018

Bitcoin Forecast — June 18th 2018

Mon, 18 Jun 2018 14:34

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the June 18th session. Bitcoin/USD — As you can see, Friday was negative again, we did only lose 2%. So, that is a little bit of a victory in the sense, that it was not as violent as it has been. But I think at this point, the fact that we could not get more of a bounce, we could...

Optimism of Oil Traders to be Short-Lived

Optimism of Oil Traders to be Short-Lived

Mon, 18 Jun 2018 14:15

Oil traders have started the new week on an upbeat note. Investors are waiting for the meeting over the OPEC+ deal in Vienna on June 22nd. The Brent Crude Benchmark has come off the low of $75.50 per barrel and is trading above $74. Analysts suppose that the crude price will return to the Friday positions. This week, the OPEC member and non-member countries will hold a meeting, where they will discuss...