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

  • Trade_to_PluS from Italy writes about TrioMarkets:

    From time to time, trades are closed with slippages at worse price than requested. Interesting thing is that they dont make slippages to be positive. Execution speed is normally high, but again, sometimes it happens to take several seconds with all c...

  • Ramón from Spain writes about 10Markets:

    from Miss Julia S.

    We continue to date 27/10/2016 with the inability to make withdrawals, with any other promise made by Mr. Burg, but without effect. From 25/08/2016 when I put the ticket tt8527, 14/09/2016 tt9031, 16/09/2016 tt9079 ticket reques...

  • ricky from Philipine writes about ForexTime (FXTM):

    Just spoke to customer service representative and it looks like very responsive.

    Online chart is the fastest way to reach someone from back office.

    Right now, I'm setting up my trading account and it goes very smoothly.

    An initial paper work wa...

  • 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...

Forex Blog

EUR/USD Rallies Intraday, Falls Below Opening Level Later

Thu, 27 Oct 2016 17:07

EUR/USD attempted to rally during the current trading session but failed to keep upward momentum. As of now, the currency pair is in a sharp decline, falling below the opening level. Economic data released from the United States was mixed today, but that did not deter the dollar from gaining on the euro....

Dollar Falls vs. Euro, Decline Limited

Wed, 26 Oct 2016 15:21

The dollar fell against the euro today while market participants continued to speculate about chances for an interest rate hike from the Federal Reserve in December. While the general consensus is that the Fed is going to hike rates, that outcome has already been priced in. Any doubts, on the other hand,...

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...

Forex News

Economic Data from Australia Sends Aussie Lower

Economic Data from Australia Sends Aussie Lower

Fri, 28 Oct 2016 12:13

The Australian dollar fell today as economic reports released from Australia during the current trading session were not particularly good, making them detrimental to the currency.

Yen Flat After Bunch of Economic Reports from Japan

Yen Flat After Bunch of Economic Reports from Japan

Fri, 28 Oct 2016 12:00

The Japanese yen was flat against most of its major rivals during the current trading session after a bunch of macroeconomic data was released from Japan today.

Canadian Dollar Mostly Flat amid Battling Fundamentals

Canadian Dollar Mostly Flat amid Battling Fundamentals

Thu, 27 Oct 2016 22:17

The Canadian dollar was mostly flat against its major rivals (though not versus the Japanese yen) as good and bad fundamentals battled for the right to determine the direction for the currency to move.

Commodity Blog

Crude Oil Rallies amid Renewed Optimism for OPEC Cuts, Natural Gas Joins Rally

Thu, 27 Oct 2016 21:27

Futures for crude oil rallied today amid renewed optimism about the output cut deal proposed by the Organization of Petroleum Exporting Countries. Reuters...

US Orange Juice Supply Shrinking, Futures Rising

Thu, 27 Oct 2016 17:20

Orange juice sales have suffered the 14th decline in the last 15 seasons. With the 2015–2016 Florida citrus season coming to an end, US orange juice...

Crude Oil Falls as OPEC Deal Overshadows US Inventories

Wed, 26 Oct 2016 20:03

Prices for crude oil fell today despite the surprise decrease of US inventories. The Energy Information Administration reported a drawdown of 0.6 million barrels from the US...

Forex Video Zone

WTI Crude Oil and Natural Gas Forecast — October 28th 2016

Fri, 28 Oct 2016 11:11

In this video, the Trader Guy looks at commodities Crude Oil and Natural Gas for the October 28th session. WTI Crude Oil — The Oil markets have bounced around, we tested the $49. We bounced and then the $50 level has offered resistance. So, at this point in time, as long as we stay within this area, I am not overly enthused to trade. A break above $50, will signal that we...

USD/JPY and AUD/USD Forecast — October 28th 2016

Fri, 28 Oct 2016 10:59

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the October 28th session. USD/JPY — As you can see on the chart, we initially fell, but then shot through the 105.00 level. This level has been the ceiling in this market, that I have been talking about for some time though. The fact that I have broken above and closer to the top tells me that it's time to start...

EUR/USD and GBP/USD Forecast — October 28th 2016

Fri, 28 Oct 2016 10:50

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the October 28th session. EUR/USD — As you can see, we most certainly tried to rally, but we turned around to form an exhaustive shooting star type of candle. At this moment, I feel that probably about 1.0850 is going to be the floor in the market. If we can break down below there, we can then start...