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

  • Ebrahem from Egypt writes about Grand Capital:

    They don't pay , my withdrawal request is pending for along time , and support doesn't answer my emails

  • Patrick from South Africa writes about AMarkets:

    Upon my registration with Amarkets I received $30 bonus of which I managed to build to $450 in few days. I even withdrew $350 with no hassle through their visa/master card method.I just want to thank Amarkets for their great services,may they keep...

  • Sebastian from France writes about Orbex:

    I have to thank Orbex for the excellent experience from the last year. They provide good conditions and quickly process withdrawals. In addition, their spreads and licenses are additional reasons that make me calm down with them.

  • Kumara from India writes about FreshForex:

    An awesome broker to trade with. Utilizing their bonus offer means more profitability to our accounts since the bonus itself can hold our drawdown. You can also trade other instruments like cryptocurrency there or even deposit with cryptocurrency...

Forex Blog

CAD/CHF Consolidated in Symmetrical Triangle After Rally

Sun, 11 Nov 2018 16:37

The Canadian dollar has formed a symmetrical triangle pattern versus the Swiss franc, which is especially visible on daily timeframe. The pattern follows an upswing and suggests a continuation of the bullish trend in case of a topside breakout. The borders of the triangle are marked with the yellow lines on the image below. My potential entry level is...

Forex Brokers Update — November 12th, 2018

Sun, 11 Nov 2018 9:51

No new brokers have become listed on our website during this week. Some have been updated: ForexChief is now registered in Vanuatu. Accepts deposits via Bitcoin, FasaPay, and UnionPay. Added many new cryptocurrency pairs for trading. They now accept US traders and offer trading contests....

Weekly Forex Technical Analysis (Nov 12 — Nov 16)

Sat, 10 Nov 2018 9:52


Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1083 1.1199 1.1267 1.1383 1.1451 1.1567 1.1634

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1187 1.1242 1.1371 1.1426

Forex News

US Dollar Ends Week of FOMC Decision on Strong Footing

US Dollar Ends Week of FOMC Decision on Strong Footing

Sat, 10 Nov 2018 12:31

The US dollar performed decently over the past trading week but was outperformed by the Australian and New Zealand currencies, which were the strongest on the Forex market during the week.

Euro Soft on Continuing Clash Over Italy's Budget, Fed's Hawkish Stance

Euro Soft on Continuing Clash Over Italy's Budget, Fed's Hawkish Stance

Fri, 9 Nov 2018 19:38

The euro traded lower against most of its major rivals today, though managed to gain on the Great Britain pound, which itself was very soft. The shared 19-nation currency was heading to end week either flat, losing earlier gains, or lower versus its most-traded peers.

US Dollar Strengthens As Inflation Pressures Remain in Check

US Dollar Strengthens As Inflation Pressures Remain in Check

Fri, 9 Nov 2018 15:24

The US dollar is strengthening at the end of the trading week, buoyed by new economic data that shows inflation pressures remain in check. The greenback further accelerated on a hawkish central bank that is set to raise interest rates next month.

Commodity Blog

Commodities Technical Analysis, November 12th — November 16th

Sun, 11 Nov 2018 10:14

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 November 11th,...

Tim Draper Sticks to His Bitcoin Price Prediction of $250K in 2022

Sat, 10 Nov 2018 13:56

Famous Venture Capitalist and billionaire, Tim Draper has once again reaffirmed his bullish prediction that the price of the flagship


WTI Crude Oil Heads to Longest Stretch of Losses in More than 30 Years

Fri, 9 Nov 2018 20:23

Futures for both West Texas Intermediate and Brent crude oil fell today. North American crude was heading to the 10th consecutive daily loss — the longest...

Forex Video Zone

Simple Trend Following Strategy

Mon, 12 Nov 2018 16:57

In this video, you will learn a forex trading strategy, to identify and to trade in the direction of that trend. The trend is your friend. To identify the trend is the key to success in the long-term. The trend trading setups give you great risk to reward ratio. So, what is an uptrend. You need to identify higher highs and higher lows. You can also draw a trendline to see it more clearly. For a downtrend, you need...

Which Tools Do You Need for Forex Trading?

Mon, 12 Nov 2018 16:12

This is a video for beginners, to help you understand which tools you need to start with forex trading. First of all, you don't need to buy a computer with expensive hardware in it. You only need a basic computer or a laptop. You can trade using a simple Android based tablet. Or you can even trade from your mobile phone. The software you need to trade is also available...

Recap of Asia Trades — November 12th 2018: USD/JPY and AUD/USD

Mon, 12 Nov 2018 11:41

The trading session started this week with the greenback looking bullish. The US dollar index is trading at 97.40. There are no major events located in the economic calendar today. The USD/JPY pair is trading at 114.00. The pair needs any market moving event to be announced. The AUD/USD pair is trading at 0.7190. In the absence of any major macroeconomic data release, this pair will not do much...