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

  • Lucas Nilsson from Sweden writes about Admiral Markets:

    Admiral Markets are great in their attempt to broaden the knowledge of their traders. The ultimate website and platform to polish your trading skills.

  • kostyku writes about FreshForex:

    This broker does not put sand into machine at all. I can easily earn money using exchange rate fluctuations. Comissions are ok, no terminal delays. I can reccomend this broker for intraday trading or for exacting trading strategies.

  • Jude from Germany writes about Trade12:

    I registered my account with Trade12 Monday last week. By Friday I requested for my first withdrawal and it was confirmed within the day. This morning the amount was reflected to my account so I can't really complain about their withdrawal. Support-w...

  • RASHID from Pakistan writes about EXNESS:

    Dont go with 3.5 rating , u see any tom di** and harry can register and put review , I hope u get the idea what i m saying, (AT the end i mentioned some really good advice for newbie traders)

    Exness broker are very clever so my advice to newbies and...

Forex Blog

GBP/NZD Consolidates in a Symmetrical Triangle After a Fall

Sun, 20 Aug 2017 12:00

The pound had experienced a rather strong rally against the New Zealand dollar from the beginning of 2017 through the middle of May. It then entered a similarly rapid downtrend, which stalled near the end of June. Since then, the currency pair entered a consolidation phase, which has now took a form of a symmetrical...

Forex Brokers Update — August 20th, 2017

Sun, 20 Aug 2017 11:43

One new broker has been added to the list of FX companies on our website this week: Global Prime — a regulated Australian broker with MT4 platform and $500 minimum account size. It offers very low fixed spreads but charges commission for trading. The maximum leverage is 1:200....

Weekly Forex Technical Analysis (Aug 21 — Aug 25)

Sat, 19 Aug 2017 9:07


Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1491 1.1576 1.1667 1.1753 1.1843 1.1929 1.2019

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1578 1.1670 1.1754 1.1846

Forex News

Canadian Dollar Climbs Against British Pound on Improved Inflation in July

Canadian Dollar Climbs Against British Pound on Improved Inflation in July

Fri, 18 Aug 2017 17:21

The Canadian dollar surged against the British pound and the US dollar on Friday in the wake of a fresh reading for Canadian inflation, which showed that it had improved in July from a year earlier. The Canadian currency also rose against the US dollar and other major peers as investors became more optimistic that the Bank of Canada may increase its interest rates soon.

US Dollar Weakens Against Euro Despite Positive Consumer Confidence Data

US Dollar Weakens Against Euro Despite Positive Consumer Confidence Data

Fri, 18 Aug 2017 16:46

The US dollar today weakened against its main trading partner, the euro, despite positive consumer confidence data as tracked by the University of Michigan. The US dollar was depressed against the euro largely due to the uncertainty emanating from the White House as due to President Donald Trump's recent comments.

US Dollar Gives up Early Gains as Political Woes Remain in Play

US Dollar Gives up Early Gains as Political Woes Remain in Play

Thu, 17 Aug 2017 18:00

The US dollar rose against the euro and other major currencies on Thursday, even after giving up some of the gains it made earlier today. A smaller drop than expected in manufacturing activity in Philadelphia and a low number of jobless claims supported the greenback.

Commodity Blog

Commodities Technical Analysis, August 21st — August 25th

Sun, 20 Aug 2017 9:25

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 August 20th, 2017:...

Bitcoin Cash Soaring Above $800, NASA, Segwit and a Conceivable Third Fork in November

Sat, 19 Aug 2017 12:17

Bitcoin began trading on August 17 at $4,287 (GMT 00:05), and by noon (GMT 12:00), a new $4,480 all-time high was once again achieved. Since...

Gold Hovering Around $1,300 Level, Posts Weekly Gain

Fri, 18 Aug 2017 16:57

Gold futures topped $1,300 in the morning part of Friday’s trading session before paring those early gains. The yellow metal has been hovering around...

Forex Video Zone

Why Trade Forex and CFD over Stock Market?

Sun, 20 Aug 2017 15:09


Daily Forex News and Analysis — August 20th 2017

Sun, 20 Aug 2017 14:57


What Prevents Oil from Gaining Bullish Momentum?

Fri, 18 Aug 2017 15:48

Oil prices inch lower at the end of this trading week. The Brent Crude Benchmark closed the European session near the level of $51 per barrel. Analysts are quite cautious about predicting the price movements, but tend to anticipate that bears will return to the market. At the same time, the Brent futures curve entered the backwardisation zone for the first time in a long time. It means that futures with a shorter expiration term...