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

  • 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...

  • Nathan from France writes about Coinexx:

    I've been trading for more than 10 years & have traded with almost a dozen brokers. But I wish Coinexx was there 10 years back. their platforms are good and the spreads are beautiful. The feed quality is especially evident in news time. No spread wid...

  • Markets Cube Official from Ireland writes about Markets Cube:

    Dear Luis! Thank you for your detailed review. Please write us your account number. We will try to solve your problem as soon as possible.

    Bets regards, Markets Cube team

Forex Blog

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....

EUR/USD Dips, Extends Decline After FOMC Minutes

Wed, 17 Oct 2018 21:04

EUR/USD was falling throughout the Wednesday's trading session and continued to move lower after the Federal Open Market Committee released minutes of its September meeting. The fact that all members of the Committee unanimously voted for an interest rate hike boosted bets on an additional hike in December. Housing starts were at the seasonally...

Forex News

US Dollar Ends Week Strong, Commodity Currencies Outperform

US Dollar Ends Week Strong, Commodity Currencies Outperform

Sat, 20 Oct 2018 14:56

The US dollar ended the week relatively strong against most other major currencies thanks to the hawkish minutes of the Federal Reserve. Yet commodity currencies, including the Australian and New Zealand dollars but excluding the Canadian dollar, outperformed the greenback.

Chinese Yuan Jumps Despite Growth at Slowest Pace Since 2009

Chinese Yuan Jumps Despite Growth at Slowest Pace Since 2009

Fri, 19 Oct 2018 16:06

The Chinese yuan is rallying against its American counterpart at the end of the trading week, despite the national economy growing at its slowest pace in about a decade. As the US-China trade war intensifies, there are fears that the economy could cool down even more.

NZD & AUD Firm Despite China's GDP Miss

NZD & AUD Firm Despite China's GDP Miss

Fri, 19 Oct 2018 11:29

The New Zealand dollar, as well as its Australian counterpart, was strong today. The currencies rose against their most-traded rivals even as economic growth in China, the biggest trading partner of both New Zealand and Australia, was slower than expected.

Commodity Blog

Commodities Technical Analysis, October 22nd — October 26th

Sun, 21 Oct 2018 10:16

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 October 21st,...

BTCUSD Remains Bearish as CFTC First Bitcoin Fraud Case Results in $2.5 Million Fine

Sat, 20 Oct 2018 17:50

A  New York federal court has ordered Nicholas Gelfman and his investment firm, Gelfman Blueprint Incorporated (GBI) to pay over...

BTCUSD Under Bearish Pressure as USMS Plans to Auction 660 Bitcoins

Fri, 19 Oct 2018 15:54

The US Marshals Service  (USMS) has made plans to auction $4.3 million worth of Bitcoin (BTC) in November 2018. The ...

Forex Video Zone

How to Recognize Forex Trends in a Second

Fri, 19 Oct 2018 16:45

In this video, you will look at a forex strategy that makes it easy for beginner forex traders to recognize trends and counter trends quickly. There is an old saying, the trend is your friend. If you can recognize trends on your chart, you can capture good price movements in the market and maximize on profit, thereby maintaining a good risk to reward ratio on your trades. On your MetaTrader platform,...

Candlestick Pattern — Bearish Engulfing Formation

Fri, 19 Oct 2018 16:04

In this video, you will learn about the bearish engulfing pattern. This is a bearish reversal pattern, observed at the top of an existing uptrend. This pattern becomes highly probable when played with confluence like overbought conditions and key resistance level. The first candlestick in this pattern is a green or a bullish candlestick. The next candlestick opens higher and turns downwards due to selling pressure and closes completely engulfing the body of the previous...

Recap of European Trades: EUR and GBP

Fri, 19 Oct 2018 14:29

The euro is going through selling pressure at the moment. This is due to budget issues in Italy and the headlines surrounding the Brexit scenario. The EUR/USD pair is trading at 1.1440. The trade balance report released from the eurozone looks positive. Also, the United Kingdom released macroeconomic data which also looked positive. However, the pound is going through a bearish pressure at the moment. The GBP/USD pair is trading at 1.3020....