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

  • Papaye from France writes about JustForex:

    I trade with this broker for two weeks, because I was so disappointed with Tickmill who is a bad market maker...

    JustForex is a real NDD broker, it is secure to trade with them like JFD Brokers. VERY good execution, no requote, and they don't trade ...

  • Jan Daley Katz from UK writes about Admiral Markets:

    The world's quite full of Forex brokers and most of them aren't even that different. The terms, the service, even the way they conduct themselves. That's what made me interested in Admiral Markets. From their newsletter to articles etc., I could feel...

  • Dexter Colby from USA writes about FXGlobe:

    On February 13, 2017 I deposited $250 with the FXGlobe, not realizing they don't accept U.S. traders. After learning that, I wanted to cancel the deal, but they kept the money anyway.

  • Mix writes about Forex Optimum:

    I have only the most pleasant impressions about this broker, especially the fast support. The thing is, I'm new to forex, so I had a ton of questions, about trading and about the broker itself, they helped me understand everything, which I'm really g...

Forex Blog

EUR/USD Accelerates Bounce After FOMC Minutes

Wed, 22 Feb 2017 20:23

EUR/USD fell intraday during the Wednesday's trading session but bounced later due to subsiding concerns about the outcome of the French presidential elections and positive macroeconomic data from the eurozone. The Federal Open Market Committee released hawkish minutes of its January-February policy meeting, yet the currency pair reacted to that...

EUR/USD Slides amid Fed Tightening Talks

Tue, 21 Feb 2017 15:35

EUR/USD slipped today amid talks about monetary tightening from the Federal Reserve. Philadelphia Fed President Patrick Harker said today that he "would not take March off the table." Such comments allowed the dollar to rally even though today's US economic data was...

GBP/JPY — Another Pound Pair Consolidates in Symmetrical Triangle

Sun, 19 Feb 2017 15:13

I have already written about a symmetrical triangle on GBP/CHF weekly chart 2 weeks ago. Today, you can see a similar pattern but with a different trend direction on the daily chart of the pound/yen pair. This consolidation finishes off the uptrend that lasted from October through mid-December and offers...

Forex News

Canadian Dollar Falls, Trims Losses After Fed Minutes

Canadian Dollar Falls, Trims Losses After Fed Minutes

Thu, 23 Feb 2017 0:14

The Canadian dollar fell on Wednesday due to the drop of crude oil prices and unfavorable domestic macroeconomic data. The currency managed to trim its losses after the release of policy minutes from the Federal Reserve.

British Pound Drops Against US Dollar Despite Positive Revision for UK GDP

British Pound Drops Against US Dollar Despite Positive Revision for UK GDP

Wed, 22 Feb 2017 19:44

The British pound dropped against its US counterpart on Wednesday, even as the gross domestic product growth in the United Kingdom during the last quarter of 2016 was revised higher. Demand for the US dollar was higher today following the release of the minutes of the Federal Reserve’s latest policy meeting, which signaled that interest rates could be raised soon.

US Dollar Rallies, Later Retreats, as Markets Await Release of FOMC Minutes

US Dollar Rallies, Later Retreats, as Markets Await Release of FOMC Minutes

Wed, 22 Feb 2017 18:13

The US dollar rallied against its main peers today as markets await the release of minutes of the Federal Open Market Committee scheduled for later today. The US dollar gained significantly against its main peers for the fourth consecutive session even as the National Association of Realtors reported higher than expected figures for January home sales.

Commodity Blog

Orange Juice Futures Tumble as Volatile Winter Nearly Ends

Wed, 22 Feb 2017 18:12

Orange juice futures are falling on Wednesday as the commodity starts to make an exit from the extremely volatile winter season. This means that the harvest will...

Crude Oil Drops Despite High Compliance to OPEC Cuts

Wed, 22 Feb 2017 17:51

Crude oil dropped today even though the Organization of Petroleum Exporting Countries talked about high compliance to the production cuts announced last year....

Gold, Silver Flat amid Higher Dollar, Political Uncertainty

Tue, 21 Feb 2017 18:05

Gold and silver futures are trading flat on Tuesday amid a strengthening dollar and political uncertainty in the US and Europe. This comes as both precious metals posted...

Forex Video Zone

What Is a Long Position?

Wed, 22 Feb 2017 15:28

A long position is the purchase of a security, commodity or financial instrument, like shares or bonds in the belief that its price will rise, with the aim of making a gain from the increase. Conversely, a short position is when an investor borrows a share or other financial instrument for a fee and then sells it. The investor does this in the expectation that the price will fall and the share or position can be bought back at a lower price later,...

EUR/JPY Remains Under Pressure — Forecast — February 22nd 2017

Wed, 22 Feb 2017 15:11

In this video, the Trading Central looks at the currency pair EUR/JPY for the February 22nd session. EUR/JPY — Looking at the intraday 30-min chart, indeed the pair remains under pressure, below the strong overhead resistance of 119.95. The pair is also capped by the declining 50-period Moving Average. Further weakness is expected below this overhead resistance. The first target is at the 119.50 level. The next target is at the 119.05 level. [video]r3pFmTS5I10[/video]...

AUD/USD Under Spotlight

Wed, 22 Feb 2017 14:58

Early in the global day, traders shifted their focus toward the AUD/USD pair. The Australian currency advanced against the US dollar to a 5-day high at 0.7695 in the Asian trade and later corrected downwards at 0.7684. The upbeat report on Australia's wages triggered activity of the Aussie bulls. Wage growth in Australia increased by 0.5% on quarter in the final quarter of 2016, up from a 0.3% gain in the third quarter. Meanwhile, Australia's main trade partner posted a report...