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

  • lee from south korea writes about ForexTime (FXTM):

    Forex minute trader is the best EA that I have ever bought,

    I think it is even better than MDP now. In one week I am up 32%,

    I have installed on FXTM ECN account. My trade fills are good - no slippage and orders are fast.

    fxtm are very good for...

  • Eric from UK writes about ForexTime (FXTM):

    FXTM ECN is working well with MDP at the moment.

    My account is up 114% since 3 weeks ago.

    Have zero stop loss limits helps my EA scalp for small pip movements.

    I have done 42 trades so far.

    So far very good

  • Jeroen from Netherlands writes about Vipro Markets:

    With Vipro Markets i enjoy the benefits of a real ECN broker, that is best prices from interbank liquidity, instant trade execution, no waiting and no hidden charges or requotes. What i would like to see though, is promotions and more incentives for...

  • Michael from Slovakia writes about PaxForex:

    Here is my feedback based on my 2 months experience:

    Spread- good

    Execution- exelent

    Commission- they dont have

    Minimum Deposit- effordable

    Bonus- nice, not big but you can take your profit and invetsments anytime

    News trading - ok, t...

Forex Blog

Weekly Forex Technical Analysis (Oct 3 — Oct 7)

Sat, 1 Oct 2016 9:07


Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1043 1.1098 1.1169 1.1224 1.1295 1.1350 1.1420

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1102 1.1177 1.1228 1.1303

EUR/USD Recovers Despite Good Data from USA

Fri, 30 Sep 2016 17:16

EUR/USD was falling today but started to recover intraday despite economic data from the United States that was coming out good. The possible reason for the bounce were easing fears surrounding Deutsche Bank. There are still concerns that Germany's biggest bank may yet collapse, potentially...

Dollar Rises vs. Euro After GDP, Loses Gains Later

Thu, 29 Sep 2016 15:11

The US dollar attempted to rally against the euro during the Thursday's trading session as the final revision of US gross domestic product was better than the preliminary one. Yet the greenback failed to keep its rally, and currently EUR/USD trades above the opening level. US GDP rose 1.4% in Q2 2016 according...

Forex News

Canadian Dollar Ends Week Higher Against Most Rivals

Canadian Dollar Ends Week Higher Against Most Rivals

Sat, 1 Oct 2016 12:42

The Canadian dollar gained against its most-traded rivals over the week with the help of crude oil rally caused by the surprise announcement from the Organization of Petroleum Exporting Countries.

Canadian Dollar Ends Trading Higher on Strong GDP

Canadian Dollar Ends Trading Higher on Strong GDP

Sat, 1 Oct 2016 0:42

The Canadian dollar rose against some of its most-trading peers on Friday but gains against the US dollar were limited while against the euro the loonie ended the session flat. The main reason for the currency's rally was the strong GDP report.

Euro Recovers After Losses Caused by Deutsche Bank

Euro Recovers After Losses Caused by Deutsche Bank

Fri, 30 Sep 2016 22:17

The euro was down intraday as investors were afraid that problems of Deutsche Bank may spill over the entire eurozone banking sector. Yet the currency managed to close above the opening level as fears receded.

Commodity Blog

Oil Ends Friday Mixed, Higher Over Month

Fri, 30 Sep 2016 23:14

Crude oil ended Friday mixed, with the West Texas Intermediate grade rallying and Brent oil falling. Reuters reported that the Organization of Petroleum ...

Gold Erases Gains Heading into Historically Weak October

Fri, 30 Sep 2016 17:22

Gold futures have been unable to maintain any momentum. The yellow metal erased its late Thursday gains as it heads into October, a month...

Crude Oil Fails to Reach $50, Metals Demonstrate Losses

Fri, 30 Sep 2016 0:41

Futures for crude oil struggled to extend their rally today, and prices failed to reach the psychologically important $50 level. This made analysts speculate that...

Forex Video Zone

WTI Crude Oil and Natural Gas Forecast — September 30th 2016

Fri, 30 Sep 2016 13:15

In this video, the Trader Guy looks at commodities Crude Oil and Natural Gas for the September 30th session. WTI Crude Oil — As you can see, Oil has definitely broken to the upside. We had a positive candle on Thursday. But really, at this point in time, I don't think much of it. It seems to me that we are running out of steam and we have a lot of noise right above...

USD/JPY and NZD/USD Forecast — September 30th 2016

Fri, 30 Sep 2016 12:45

In this video, the Trader Guy looks at the currency pairs USD/JPY and NZD/USD for the September 30th session. USD/JPY — We did try to rally initially during the day, but then turned right back around to form a shooting star. A breakdown below the bottom of the shooting star sends this market to 100.00. This is an area, though that I believe is highly supportive and protected by the Bank of Japan....

EUR/USD and GBP/USD Forecast — September 30th 2016

Fri, 30 Sep 2016 12:23

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the September 30th session. EUR/USD — This is a market that just went back and forth and chopped around during the day as we have seen time and time again. I have a downward trendline here on this chart. As long as we are below here, I am not interested in buying. I think short-term rallies that show exhaustion are selling...