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

  • Jens Van Dyke from Netherlands writes about Land-FX:

    While Land-Fx's market research is awsome, I wonder why don't they offer any webinars? If they do, I will be the first to sign up for it.

  • Rupinder from Australia writes about FreshForex:

    Versatility is the only one word to describe this broker. They have many options to make a deposit and withdrawal, options to trade with their platforms both on pc and mobile devices and also fast and responsive chat support which is still rare to fi...

  • Carolin fx from Indonesia writes about SuperForex:

    I move to this broker because they sponsored CSR in our Country ( really ). Most of the broker in our country don't do CSR. And more over after a while i got comfortable with them because Customer Support is very good whenever i got a question. Keep ...

  • Raniya from Bandung writes about FXB Trading:

    FXB Trading was recommended to me by my friend and, at first, I could not believe all the amazing things he was telling me about this website. When I joined them, I had to believe every word my friend had said about them. In fact, I found the site to...

Forex Blog

GBP/CAD Reverses to Form Double Bottom on Weekly

Sun, 10 Dec 2017 15:55

Following a failed descending triangle formation, the pound is now clearly trying to reverse its long-term trend versus the Canadian dollar. The impending switch to an uptrend is signaled by the double bottom pattern on the weekly timeframe. You can see the bottoms and the neckline marked by the yellow lines on the chart below. The cyan...

Forex Brokers Update — December 10th, 2017

Sun, 10 Dec 2017 15:06

The last two weeks have been quite busy in terms of brokers' updates. We have listed three new companies: Markets Cube — a shady unregulated Cypriot Forex broker with $5,000 minimum account size, 1:100 leverage, and Sirix Station as the trading platform. They claim to accept US traders....

Weekly Forex Technical Analysis (Dec 11 — Dec 15)

Sat, 9 Dec 2017 9:19

EUR/USD

Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1561 1.1646 1.1709 1.1794 1.1858 1.1942 1.2006

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1640 1.1699 1.1789 1.1847
...

Forex News

Yuan Stable Despite Consumer Inflation Missing Expectations

Yuan Stable Despite Consumer Inflation Missing Expectations

Mon, 11 Dec 2017 13:30

The Chinese yuan was stable today even though consumer inflation data released over the weekend missed expectations.

Pound Continues to Move Lower Ahead of Busy Week

Pound Continues to Move Lower Ahead of Busy Week

Mon, 11 Dec 2017 13:12

The Great Britain pound continued to drop today, extending the Friday's decline, as traders remained cautious ahead of the busy week.

US Dollar Strong During Week, Ends Trading Soft Due to NFP

US Dollar Strong During Week, Ends Trading Soft Due to NFP

Sat, 9 Dec 2017 19:19

The US dollar was strong during the past trading week thanks to the outlook for the US tax reform. The currency lost its upward momentum on Friday, though, following the release of nonfarm payrolls.

Commodity Blog

Gold Prices Flat Ahead of Key Federal Reserve Policy Meeting

Mon, 11 Dec 2017 17:21

Gold futures are trading relatively flat to start the trading week as investors prepare for Wednesday’s key Federal Reserve policy meeting. Any losses for the precious...

Bitcoin Recovers to $16,500 Following Three Days of Volatile Trading

Mon, 11 Dec 2017 16:43

The Bitcoin price surged on Monday to recover most of the losses it had over the weekend, even as analysts...

Commodities Technical Analysis, December 11th — December 15th

Sun, 10 Dec 2017 9:37

The technical analysis, that includes the indicators’ data and major pivot points for WTI Oil, Gold, Silver and Copper as traded on spot market as of December 10th, 2017:...

Forex Video Zone

What Is Moving Average in Forex Trading

Mon, 11 Dec 2017 15:56

The Moving Average is one of the fundamental tools in technical analysis It is a trend following or a lagging indicator based on past prices. It helps smooth out price action by filtering random price flucutations. The two of the most popular types are simple moving average and exponential moving average. The SMA is calculated by averaging prices over a given number of periods. For example, the 20-period moving average would average...

Market Alert to Policy Meetings of Global Central Banks

Mon, 11 Dec 2017 15:47

Investors are confident in their preferences since the early European trade. Today, the euro is heading for a 5-day high against the US dollar. The most popular pair is trading close to 1.18. Experts say that the euro is taking advantage of the weaker dollar. The greenback is retreating today amid softer earnings data in the US payrolls report released on Friday. Meanwhile, market participants are sitting on the sidelines ahead of ...

Daily Forex News and Analysis — December 11th 2017

Mon, 11 Dec 2017 13:40

US stocks traded higher on Monday after a stronger than expected November jobs report helped buoy stocks in early action. The Dow Jones rose by 0.49%, the S&P 500 by 0.55%, and the NASDAQ added 0.40% to its value. The US dollar traded higher against a basket of major currencies on Monday after data showing that while the US economy created more jobs than expected last month, wage growth remained...