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

  • Md Safayet Hossain from Bangladesh writes about EXNESS:

    Exness is the scam broker. It really true and proved.

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    Last 17.04.2017- I deposited $300 (USD) in Exness Mini R...

  • Daya from India writes about FXTM:

    I fund my a/c with 190 usd ,27.04.2017, using webmoney . its very complicated digital wallet. fxtm refused to fund my a/c. .i sent so many mails. but unable to attach my wmz page with email. so, i sent a printed copy of payment invoice,personal info...

  • Anafer from Riga writes about NewForex:

    In what advantage here, spreds from 3 points, fixed, and is good still swaps in the long term to disconnect, for 2 months of trade as a whole impression good, execution 700-800мс, on news to 1 second Trading account 71238352.

  • David smith from United States writes about Trade12:

    I was surprised to see so much of negative comments. It's over 2 years since i am trading with them & so far everything went smooth. There were some server issues which propped up during this period which affected my trades but all were compensated b...

Forex Blog

Weekly Forex Technical Analysis (May 1 — May 5)

Sat, 29 Apr 2017 9:22

EUR/USD

Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.0695 1.0758 1.0825 1.0888 1.0955 1.1018 1.1085

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.0759 1.0827 1.0889 1.0957
...

EUR/USD Trims Gains Despite Slow US Economic Growth

Fri, 28 Apr 2017 14:52

EUR/USD rallied today following the release of data that showed a surge of eurozone inflation this month. (Event A on the chart.) The currency has trimmed its gains by now despite a report showed that US economic growth slowed last quarter more than was expected. US GDP rose 0.7% ...

EUR/USD Drops After ECB Makes No Changes to Monetary Policy

Thu, 27 Apr 2017 17:05

EUR/USD dropped today after the European Central Bank made no changes to its ultra-loose monetary policy, in line with market expectations. ECB President Mario Draghi was optimistic about eurozone economic growth, but voiced concerns about inflation. Answering to questions during the press-conference, he...

Forex News

US Dollar Weakens Versus a Basket of Major Counterparts on Disappointing GDP Growth

US Dollar Weakens Versus a Basket of Major Counterparts on Disappointing GDP Growth

Fri, 28 Apr 2017 18:25

The US dollar declined against most of its main peers on Friday, which drove an index that tracks the greenback’s strength to its lowest level since November 9 earlier today before partly erasing some of its losses.

USD/CAD Rallies  Briefly After Release of Flat Canadian GDP Data

USD/CAD Rallies Briefly After Release of Flat Canadian GDP Data

Fri, 28 Apr 2017 17:05

The USD/CAD currency pair today declined slightly from multi-month highs that had been registered earlier after the release of Canadian GDP data by Statistics Canada. The currency pair had rallied higher briefly after the announcement of both the Canadian and US GDP data before retracing some of its daily gains.

EUR/USD Rallies Higher on Positive Eurozone CPI Data

EUR/USD Rallies Higher on Positive Eurozone CPI Data

Fri, 28 Apr 2017 11:35

The EUR/USD currency pair rallied to new highs today after the release of positive CPI data from the Eurozone. The euro gained significantly against the US dollar as the Eurozone inflation figures for the month of April released by Eurostat exceeded expectations.

Commodity Blog

Gold Poised for Weekly Drop, Monthly Advance

Fri, 28 Apr 2017 16:54

Gold futures are on track for a weekly drop and a monthly advance. The yellow metal had a roller coaster ride in April, stemming from geopolitical tensions, mixed...

Weak Demand, Higher Supplies Send Orange Juice Futures Lower

Thu, 27 Apr 2017 16:52

Orange juice futures lowered on Thursday as investors continue to see weak demand for the beverage and higher supplies coming out of Brazil. Orange juice prices are...

Copper Posts More Gains amid Weaker US Dollar, French Election Fallout

Wed, 26 Apr 2017 16:55

Copper futures are continuing their momentum thanks to a weaker US dollar and international markets celebrating the French election result....

Forex Video Zone

Russian Ruble Attracts Investors After Bank of Russia Cuts Rate

Fri, 28 Apr 2017 15:36

The euro and the US dollar are not the only currencies that attract the attention of the traders today. The Russian ruble also came under the spotlight after the Bank of Russia announced its rate decision. Today, the Russian central bank cut the interest rate by 50 percentage points to 9.25%. The bank's officials said that the inflation approached the target level, making it possible to ease the monetary policy....

What Is a Derivative? — Explained

Fri, 28 Apr 2017 15:33

A Derivative is a financial instrument whose characteristics and value depends upon the characteristics and value of an underlier, typically a commodity, bond, equity or currency. Examples of derivatives include futures and options. Advanced investors sometimes purchase or sell derivatives to manage the risk associated with the underlying security, to protect against fluctuations in value or to profit from periods of inactivity or decline. These techniques can be quite complicated and quite risky. The derivative itself is merely...

USD/CAD: Firm Upside — Forecast — April 28th 2017

Fri, 28 Apr 2017 12:06

In this video, the Trading Central looks at the currency pair USD/CAD for the April 28th session. USD/CAD — Looking at the intraday 30-min chart, the pair experienced a fairly volatile trading session yesterday. However, it has managed to cross above the key 1.36 level. The pair has formed a triangle pattern which we can also say as a bullish continuation pattern. Meanwhile intraday technical indicators are still pointing to upward momentum...