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

  • Papaye from France writes about JustForex:

    I trade with this broker for two weeks, because I was so disappointed with Tickmill who is a bad market maker...

    JustForex is a real NDD broker, it is secure to trade with them like JFD Brokers. VERY good execution, no requote, and they don't trade ...

  • Jan Daley Katz from UK writes about Admiral Markets:

    The world's quite full of Forex brokers and most of them aren't even that different. The terms, the service, even the way they conduct themselves. That's what made me interested in Admiral Markets. From their newsletter to articles etc., I could feel...

  • Dexter Colby from USA writes about FXGlobe:

    On February 13, 2017 I deposited $250 with the FXGlobe, not realizing they don't accept U.S. traders. After learning that, I wanted to cancel the deal, but they kept the money anyway.

  • Mix writes about Forex Optimum:

    I have only the most pleasant impressions about this broker, especially the fast support. The thing is, I'm new to forex, so I had a ton of questions, about trading and about the broker itself, they helped me understand everything, which I'm really g...

Forex Blog

EUR/USD Slides amid Fed Tightening Talks

Tue, 21 Feb 2017 15:35

EUR/USD slipped today amid talks about monetary tightening from the Federal Reserve. Philadelphia Fed President Patrick Harker said today that he "would not take March off the table." Such comments allowed the dollar to rally even though today's US economic data was...

GBP/JPY — Another Pound Pair Consolidates in Symmetrical Triangle

Sun, 19 Feb 2017 15:13

I have already written about a symmetrical triangle on GBP/CHF weekly chart 2 weeks ago. Today, you can see a similar pattern but with a different trend direction on the daily chart of the pound/yen pair. This consolidation finishes off the uptrend that lasted from October through mid-December and offers...

Forex Brokers Update — February 19th, 2017

Sun, 19 Feb 2017 10:33

One new Forex trading company has been added to the list of brokers at EarnForex.com during the week: TryMarkets — a brand new offshore Forex broker registered in Belize but with offices in the UAE and the UK. It is a generic MT4 brokerage with rather low fixed spreads on currency pairs. Some...

Forex News

Japanese Yen Gains as Kuroda Says No More Interest Rate Cuts

Japanese Yen Gains as Kuroda Says No More Interest Rate Cuts

Wed, 22 Feb 2017 10:34

The Japanese yen rose today, reaching the highest level since November 29 against the euro, after Bank of Japan Governor Haruhiko Kuroda signaled that he does on plan cutting interest rates deeper into the negative territory.

Aussie Reaches Multi-Year Highs, Ignoring Economic Data

Aussie Reaches Multi-Year Highs, Ignoring Economic Data

Wed, 22 Feb 2017 9:48

Macroeconomic data released from Australia today was mixed, but that did not prevent the Australian dollar from rising and even reaching multi-year highs against such currencies like the euro and the Swiss franc.

British Pound Struggles to Find Direction Despite Hawkish Comments from BoE Governor

British Pound Struggles to Find Direction Despite Hawkish Comments from BoE Governor

Tue, 21 Feb 2017 18:34

The British pound today struggled to find direction as it demonstrated mixed results against its main competitors such as the US dollar, the euro, and the Japanese yen. The Bank of England Governor, Mark Carney, told the UK Parliament that a smooth Brexit process could lead to a faster rate of hiking interest rates.

Commodity Blog

Gold, Silver Flat amid Higher Dollar, Political Uncertainty

Tue, 21 Feb 2017 18:05

Gold and silver futures are trading flat on Tuesday amid a strengthening dollar and political uncertainty in the US and Europe. This comes as both precious metals posted...

Crude Oil Posts Limited Gains as Fundamentals Remain Confusing

Mon, 20 Feb 2017 17:36

Prices for crude oil edged higher today, but gains were somewhat limited amid confusing fundamentals. On one hand, productions cuts from...

Commodities Technical Analysis, February 20th — February 24th

Sun, 19 Feb 2017 9:33

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 February 19th, 2017:...

Forex Video Zone

What Is a Long Position?

Wed, 22 Feb 2017 15:28

[video]Y2i34Krl944[/video]...

EUR/JPY Remains Under Pressure — Forecast — February 22nd 2017

Wed, 22 Feb 2017 15:11

In this video, the Trading Central looks at the currency pair EUR/JPY for the February 22nd session. EUR/JPY — Looking at the intraday 30-min chart, indeed the pair remains under pressure, below the strong overhead resistance of 119.95. The pair is also capped by the declining 50-period Moving Average. Further weakness is expected below this overhead resistance. The first target is at the 119.50 level. The next target is at the 119.05 level. [video]r3pFmTS5I10[/video]...

AUD/USD Under Spotlight

Wed, 22 Feb 2017 14:58

Early in the global day, traders shifted their focus toward the AUD/USD pair. The Australian currency advanced against the US dollar to a 5-day high at 0.7695 in the Asian trade and later corrected downwards at 0.7684. The upbeat report on Australia's wages triggered activity of the Aussie bulls. Wage growth in Australia increased by 0.5% on quarter in the final quarter of 2016, up from a 0.3% gain in the third quarter. Meanwhile, Australia's main trade partner posted a report...