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 $5.3 trillion (as of April 2013). 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 also join a friendly community of traders at the Forex forum.

Latest in Forex

  • Just_Traider from Austria writes about IFC Markets:

    I don't like that with growing of account balance, execution of orders begins to take more and more time. This is scary sign for further trading with a company. This was far too often, even constantly, to be just the matter of internet connection, co...

  • Baker from Uk writes about ForexTime (FXTM):

    Everyone has an opinion what's the most important in forex trading.

    Of course anyone would say that first of a broker should be trustworthy, and I agree here that's essecial.

    However there are a couple more points which no one can ignore such as ...

  • Alexander Jankovic from Slovakia writes about MXTrade:

    I have traded with MXTrade before and I can say that they are really dedicated on bringing the best quality of services to their customers. They do not give special treatments to their big clients, and treats everyone with the same respect. No matter...

  • Shawn White from Mexico writes about Formax:

    Formax are one of the most professional brokers I have had an account with, execution is excellent, pricing is competitive, deposits and withdrawals are super fast and they have the best customer service I have experienced. Highly recommend!

Forex Blog

EUR/USD Resumes Decline, Ignoring Macroeconomic Data

Tue, 25 Oct 2016 14:42

EUR/USD resumed its declined today after staying flat yesterday. The currency pair also traded sideways at the start of the current session, but has started a decline at 12:00 GMT and is moving down currently. Economic data from the eurozone (namely, from Germany) was good while the US consumer...

Which Part of Your Income Is from Forex Trading?

Mon, 24 Oct 2016 15:33

Every newbie trader dreams of being a full-time Forex trader, with full-time defined as 1–2 hours a day and not having to worry about any financial matters — all being completely compensated by one's trading performance. The reality usually turns out much harsher. First, becoming a profitable trader is...

Forex Brokers Update — October 23rd, 2016

Sun, 23 Oct 2016 8:14

With no new brokers this week, there are some updates to the existing listings worth reporting on: Windsor Brokers no longer have Russian, Chinese, and Greek versions of their website. Added Polish version instead. Forex Club no longer offers RUMUS and StartFX 2 trading platforms....

Forex News

Improving German Business Climate Provides Limited Support to Euro

Improving German Business Climate Provides Limited Support to Euro

Tue, 25 Oct 2016 12:08

Yet again positive macroeconomic data from the eurozone provided limited support to the euro. The German business climate showed unexpected signs of improvement, yet the euro was mixed during the current trading session.

Swiss Franc Falls as SNB Monetary Easing Has Not Reached Limit

Swiss Franc Falls as SNB Monetary Easing Has Not Reached Limit

Tue, 25 Oct 2016 11:59

The Swiss franc fell today as policy makers of the Swiss National Bank were defending the current negative interest rates and signaled that monetary easing has not yet reached its limit.

Australian Dollar Struggles to Rise Ahead of Q3 CPI

Australian Dollar Struggles to Rise Ahead of Q3 CPI

Mon, 24 Oct 2016 17:53

The Australian dollar has continued to grapple against the power of the mighty US dollar. But today, AUD/USD attempted to fight its way back, setting a high at 0.7640 when just on Friday, it traded as low as 0.7587.

Commodity Blog

US Crude Tumbles to Under $50, Brent Struggles

Tue, 25 Oct 2016 17:15

Oil prices are tumbling on Tuesday as the US dollar strengthened and the freeze agreement among members of Organization of the Petroleum Exporting Countries (OPEC) appears to have...

Gold Prices Dip as US Dollar Hits 9-Month High on Manufacturing Data

Mon, 24 Oct 2016 17:20

Gold prices started off the trading week in the red as the US dollar strengthened and upbeat manufacturing data impacted the yellow metal. This means gold is...

Bearish Pennant on Daily Chart -- Bad News for Silver

Sun, 23 Oct 2016 21:17

A bearish pennant has formed on a daily chart of silver. The pattern occurs when prices enter a period of consolidation after a sharp move down. It is...

Forex Video Zone

WTI Crude Oil and Natural Gas Forecast — October 25th 2016

Tue, 25 Oct 2016 17:09

In this video, the Trader Guy looks at commodities Crude Oil and Natural Gas for the October 25th session. WTI Crude Oil — We have fallen during the day and then turned right back around to form a hammer. With that being said, it looks like the market is going to continue to grind its way higher. I believe that sooner or later, we go to the upside. On the other hand,...

USD/JPY and AUD/USD Forecast — October 25th 2016

Tue, 25 Oct 2016 16:29

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the October 25th session. USD/JPY — It looks as if we dropped, but then shot higher. The 105.00 level above is massively resistive. If we can break above there, we could then go to the 107.00 handle. Pullbacks at this point in time, continue to see support at 103.00. I have no interest in selling this market....

EUR/USD and GBP/USD Forecast — October 25th 2016

Tue, 25 Oct 2016 15:46

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the October 25th session. EUR/USD — The EUR/USD pair tried to rally, but then turned right back around to form a shooting star or more looking like a neutral candle. Any rallies from here, we are likely to find resistance at the 1.10 level, which is the ceiling. If we can break down below this candle,...