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

  • 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...

  • Pashka from Russia writes about TenkoFX:

    First of all I want to say that Tenko know have other trade conditions. They have only STP and ECN accounts. STD was closed. What about trading? I can advice this company, because they have a good execution and I can withdraw money without any proble...

  • salah mahdi from iraq writes about Forex4you:

    beware of this company they are theives your money with them is not save yesterday they closed my account without warning and the funny thing that yesterday i deposit about 50 $ and they accepted the amount and when i tried to deposit again using ...

Forex Blog

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 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...

Weekly Forex Technical Analysis (Feb 20 — Feb 24)

Sat, 18 Feb 2017 9:28


Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.0367 1.0444 1.0525 1.0602 1.0683 1.0760 1.0841

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.0445 1.0527 1.0603 1.0685

Upgrading Easy Trend Visualizer

Fri, 17 Feb 2017 20:57

Easy Trend Visualizer is a really old indicator. I have first uploaded to back in July 2009 and converted it to MT5 in December that year. Today, I introduced some changes to this trend indicator. First, the MT4 version has been rewritten completely and should be more...

Forex News

US Dollar Fails to Capitalize on Positive Fundamentals

US Dollar Fails to Capitalize on Positive Fundamentals

Sat, 18 Feb 2017 12:31

The US dollar was trading in a narrow range during the past trading week, closing almost flat against the vast majority of its most-traded peers. The only exception was the Japanese yen, against which the dollar rallied during the week but slid below the opening level by the weekend.

Euro Fails to Profit from Better-Than-Expected Current Account

Euro Fails to Profit from Better-Than-Expected Current Account

Fri, 17 Feb 2017 20:20

The was almost flat against some other most-traded currencies (like the Great Britain pound and the Swiss franc) and logged a sharp decline against others (including the US dollar and the Japanese yen).

AUD/USD Bullish Trend Reverses, Despite Positive Australian Employment Data

AUD/USD Bullish Trend Reverses, Despite Positive Australian Employment Data

Fri, 17 Feb 2017 19:04

The AUD/USD currency declined significantly today to reverse the bullish trend that the currency pair has enjoyed since the beginning of the year. This was a major reversal from the currency pair's rally witnessed yesterday after the release of positive Australian employment data for the month of January.

Commodity Blog

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:...

Crude Oil Flat amid Clashing Fundamentals

Fri, 17 Feb 2017 21:32

Crude oil was trading in a narrow range on Friday, heading to settle basically flat (though currently crude is trying to carve out small gains),...

Bitcoin Price Rises as Concerns Towards Chinese Crackdown Diminish

Fri, 17 Feb 2017 18:19

The price of Bitcoin rose above the $1,000 mark as the virtual currency appeared to be stabilizing over this price point. Investors became less concerned about...

Forex Video Zone

What Is a Pale Recession?

Fri, 17 Feb 2017 16:09

A pale recession is a term describing a recession that does not have much impact on the economy. Former Federal Reserve Chairman Alan Greenspan coined this term in a 2008 television interview. At the time, unemployment had not declined as much as expected during the recession, prompting him to comment on the fortitude of the imposition on the economy. A pale recession is generally better than a strong recession, though some analysts might argue that when...

EUR/USD: Breaking Above a Week-Long Bearish Trendline — Forecast — February 17th 2017

Fri, 17 Feb 2017 14:45

In this video, the Trading Central looks at the currency pair EUR/USD for the February 17th session. EUR/USD — The EUR/USD has been rebounding for two days. On the intraday 30-min chart, we can see that the EUR/USD pair has crossed above the descending trendline which has been in place for over a week. Meanwhile, intraday technical indicators are bullish and showing a continuation of the rebound. On the upside, we expect immediate resistance at 1.0685 and above...

Soft USD Still Putting Pressure on Some Rivals

Fri, 17 Feb 2017 14:26

Investors are expressing mixed sentiment on the US currency. The US dollar is struggling to rebound from Thursday's lows and further make gains. Nevertheless, there are some currencies which are not able to stand up to the soft US dollar. For example, the New Zealand dollar shed almost 30 pips against the US dollar in the Asian session today. So, the NZD/USD pair closed at 0.7196. The kiwi tumbled in light of weak...