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

  • Marty from USA writes about PaxForex:

    Falsely advertising intant orders when its actually market based. The deviation setting is only there to look at. On their website and other forex info sites they are instant execution. Lies!!! Lost my money on buy orders set on usd/cad for news even...

  • Alpari writes about Alpari:

    Hello, Peter! We have no any troubles with a withdrawal. Please specify your myAlpari number (send it please by email Also send us your screenshots. We will solve this issue as soon as possible and provide you with the public answe...

  • Peter from Hungary writes about Alpari:

    I wanted to withdraw my funds ($2900) from my Alpari account, but they don't process my request more than 3 weeks ago. They just promise, that it will be processed, but no nothing happend until now. I have all of screenshots about their promises and ...

  • Jeffrey Green from Sandbach, UK writes about JFD Brokers:

    I wish I read the negative reviews on the Internet before I transferred them some money. The negative ones, yes. One of their employees smugged not being interested in my review, as they pay for likes and good reviews.

    This is the worst organised ...

Forex Blog

Weekly Forex Technical Analysis (Apr 23 — Apr 27)

Sat, 21 Apr 2018 9:50


Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.2056 1.2153 1.2220 1.2317 1.2384 1.2481 1.2548

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.2145 1.2205 1.2309 1.2369

EUR/USD Drops on Quiet Thursday

Thu, 19 Apr 2018 16:36

EUR/USD was falling during quiet trading today. The market lacked any major theme to drive currencies. Nevertheless, the currency pair was falling since the European session and continued to decline following the release of rather positive US data. Philadelphia Fed manufacturing index rose from 22.3 in March to 23.2 ...

EUR/USD Falls as ZEW Economic Sentiment Disappoints

Tue, 17 Apr 2018 18:10

EUR/USD slipped today as the ZEW Economic Sentiment Indicator for Germany came out far worse than was expected. The index for the whole eurozone was not good either. (Event A on the chart.) Meanwhile, US data released on Tuesday was pretty solid. Both housing starts and building permits rose in March. Housing...

Forex News

GBP & CAD Fall on Poor Data, Interest Rate Outlook

GBP & CAD Fall on Poor Data, Interest Rate Outlook

Sat, 21 Apr 2018 15:47

The Great Britain pound fell during the past trading week on poor macroeconomic data and concerns that the Bank of England will postpone the planned interest rate hike. The Canadian dollar had the similar issues.

Swiss Franc Falls Below 1.20 Against Euro

Swiss Franc Falls Below 1.20 Against Euro

Fri, 20 Apr 2018 10:39

The Swiss franc fell below the historically important level of 1.20 versus the euro as the risk appetite drove investors away from safe currencies. Still, Swiss National Bank Chairman Thomas Jordan saw no reason to abandon the extremely loose monetary policy.

USD/JPY Rises as Japan's Inflation Slows

USD/JPY Rises as Japan's Inflation Slows

Fri, 20 Apr 2018 10:23

The Japanese yen fell against the US dollar today as nation's inflation slowed last month. The currency also dropped against other rivals but has trimmed its gains by now, and against the euro it actually moved above the opening level.

Commodity Blog

Commodities Technical Analysis, April 23rd — April 27th

Sun, 22 Apr 2018 9:58

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 April 22nd, 2018:...

Bitcoin Makes Gains As Tax Day Passes

Sat, 21 Apr 2018 15:35

This week has seen Bitcoin post impressive gains, as the tax deadline in the USA passed. Some analysts have attributed the last two, difficult months,...

Oil Recovers Following Trump’s Criticism of Opec

Fri, 20 Apr 2018 19:10

Oil prices have endured a turbulent day, coming out slightly on top towards the end of trading. The commodity started the day well, making early gains,...

Forex Video Zone

European Assets Likely to Close Week in Red

Fri, 20 Apr 2018 17:07

Throughout the European session, the US dollar continued rising against its rivals. The GBP/USD pair has dropped by over 1% to trade near 1.4070 level. The comments made by Mark Carney undermined the sterling. In the yesterday interview to BBC, the Bank of England Governor did not touch on the monetary policy issue, thus increasing the concerns of the traders that the key interest rate would be left unchanged at the May meeting. Today,...

Traders have no Reasons for Buying Safe Haven Assets

Fri, 20 Apr 2018 15:42

Today, the US dollar was extending strength across the board in the Asian trade. Meanwhile, the yen is losing ground due to downbeat macroeconomic statistics from Japan. Japan's Ministry of Internal Affairs and Communications reported that nationwide consumer price index eased to 1.1% in March from a year ago in line with expectations from a 1.5% gain in February. Traders are discouraged with the slowdown of inflation, which still...

Bitcoin Forecast — April 20th 2018

Fri, 20 Apr 2018 14:10

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the April 20th session. Bitcoin/USD — As you can see, we have infact rallied against the dollar slightly. It is about 1%. I think the 9,000 level will be targeted, If we can break above 8,400. Otherwise, I think we are looking at more consolidation. A breakdown below 7,800 leads the way to 7,5000, and then maybe...