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

  • Alex K from South Africa writes about Synergy FX:

    I have been trading FX for 5 years and Synergy Fx has been in my top 3 choices. After reading various reviews and word of mouth I decided to test Synergy 3 years ago.

    My Account manager always responds to me in a manner time on all my request- eve...

  • ruel from philippines writes about InstaForex:

    My name is ruel yas alcober today june 20 2017 my account block by instaforex without any reason first i made witdraw amount 0f 133$ after a weeks i recieve my witdraw in ny skril.then i start trading again.friday june 17 2017 i made 214$ in witdraw ...

  • Madjefurd from Jordan writes about GAINSY:

    For more than 10 years of my experience with forex and cfd I met quite a few decent brokers. Traded with Gainsy from the middle 2013 till September, 2015, then wanted to tried something else. When at the beginning of 2015 it was the only my broker ou...

  • RACHIDA HABIBI from Morocco writes about Fort Financial Services:

    Good broker with fast execution orders with professionnal support no problems you can trust this recommanded broker

    also they give onther chance if you lose your bonus

    I suggest to trade with Fort Financial Services

    Acc number 379514

Forex Blog

EUR/USD Surges After Speech of ECB President

Tue, 27 Jun 2017 15:18

EUR/USD surged today after the speech of Mario Draghi, President of the European Central Bank. (Event A on the chart.) Markets considered his comments to be hawkish, that is why the currency pair reacted positively. Good US macroeconomic indicators halted the rally, but EUR/USD was still hanging near the day's...

USD/CAD in Ascending Channel on H4

Sun, 25 Jun 2017 19:07

After falling to its June 14 low, the USD/CAD currency pair began rising slowly, forming a perfect ascending channel pattern on its four-hour chart. A bearish breakout from this pattern would imply a continuation of the previous strong downtrend of the US dollar against the loonie. The channel is marked with the yellow...

USD/JPY Consolidates in Bullish Pennant After Rally

Sun, 25 Jun 2017 15:40

A rather rough bullish pennant pattern has formed on the 4-hour chart of the USD/JPY currency pair. The pair's rally started on June 14 following a new monthly low. It has managed to set up a new higher high and then entered a consolidation that seems like a valid bullish pennant formation, which...

Forex News

Canadian Dollar Mixed During Tuesday's Trading

Canadian Dollar Mixed During Tuesday's Trading

Tue, 27 Jun 2017 18:54

The Canadian dollar was mixed today, rising versus the US dollar and the Japanese yen, but falling against the euro and the Swiss franc.

Euro Surges in Wake of Draghi Comments on Inflation and Growth Sustainability

Euro Surges in Wake of Draghi Comments on Inflation and Growth Sustainability

Tue, 27 Jun 2017 17:35

The euro surged against the US dollar and the British pound following comments from European Central Bank President Mario Draghi earlier today. Draghi’s remarks reflected a bullish assessment of the recovery in the European Union and revealed confidence in the road ahead for the monetary policy of the region.

British Pound Rallies Higher Against US Dollar on BoE's Carney Speech

British Pound Rallies Higher Against US Dollar on BoE's Carney Speech

Tue, 27 Jun 2017 15:52

The British pound today rallied higher against the US dollar even after the Bank of England Governor Mark Carney took a slightly dovish tone in his speech. The US dollar was largely weaker against its main peers, which also fueled the rally amid lackluster data reported from the US docket.

Commodity Blog

Crude Oil Rallies amid Unfavorable Fundamentals

Tue, 27 Jun 2017 18:09

Crude oil rallied today, gaining more than 1%, even as fundamentals did not look particularly supportive for the commodity. The possible reason for the rally was...

Upbeat Chinese Demand Forecast Lifts Copper Futures

Tue, 27 Jun 2017 16:54

Copper futures are trading higher on Tuesday as investors forecast higher demand from China. Despite a firmer US dollar and negative economic data, traders...

USD/EUR and Tether Bitcoin Price Analysis, June 27th Weekly Recap

Tue, 27 Jun 2017 12:11

After a rather sizeable correction from the Friday Bitstamp daily high of $2,741, bitcoin has entered a downward trading range. Volume has increased, but...

Forex Video Zone

Sterling Runs After Euro and Gains Ground Against Greenback

Tue, 27 Jun 2017 16:35

Today is a rather busy day for investors who prefer to trade the pound sterling. After ECB president Mario Draghi delivered a speech, traders shifted their attention to the United Kingdom, where Bank of England chief Mark Carney made his comments. Mark Carney did not share the opinion of his colleague, ECB chief Mario Draghi, who said that the monetary policy may be tightened gradually....

What Is a Moving Average?

Tue, 27 Jun 2017 14:04

A moving average is one of the most flexible as well as most commonly used technical analysis indicators. It is highly popular among traders, mostly because of its simplicity. It works best in a trending environment. In statistics, a moving average is simply a mean of certain set of data. In case of technical analysis, these data are in most cases represented by closing prices of stocks for the particular days. However,...

What Is Commodity Trading?

Tue, 27 Jun 2017 13:15

Oil, Gold, Wheat, and Livestock — Commodities are the basic building blocks of the global economy. Natural resources traded on dedicated exchanges around the world. Commodities come in two types. Soft, which are typically agricultural like rice or sugar. And hard, those made up of metals or energy like silver and gas. Production and consumption of commodities depend on many factors, including supply and demand, the weather, economic, and political events, and the dollar,...