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

  • Lexi from Europe writes about FXB Trading:

    Previously I used to be happy trading with FXB but with means of time it became noticeably worse. They impose too high spreads, so if before I had to avoid news trading with them because of spreads and slippage, now spreads are high and slippage afte...

  • Sonny Harper from Netherlands, Amsterdam writes about Admiral Markets:

    I wanted to get a profitable personal offer and after much consideration turned to Admiral Markets as an FCA regulated broker. Do recommend!

  • Marek from Slovakia writes about AccentForex:

    I have been trading for more than a year. Write technical analysis for different currency pairs including crypto-currencies.

    After time I decided to open a PAMM-account with this broker. I opened the account next day after Christmas.

    So what can I...

  • Henry Nguyen from United Kingdom writes about LMFX:

    I have been trading with LMFX for approximate 1 year and never faced any problem with payment. Deposit is almost instant while withdrawal requests could take up to 24 hours for processing. Fast execution and wide range assets. Only a disadvantage tha...

Forex Blog

Forex Brokers Update — January 14th, 2018

Sun, 14 Jan 2018 16:47

The first brokers update post this year is not very rich on the news, but features a new broker: ATFX — a Cyprus-based regulated Forex broker with $200 minimum account size and MT4 platform. $5,000 will let you open an Edge account with much lower spreads....

Weekly Forex Technical Analysis (Jan 15 — Jan 19)

Sat, 13 Jan 2018 10:33

EUR/USD

Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1701 1.1808 1.2004 1.2111 1.2307 1.2414 1.2610

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1831 1.2049 1.2134 1.2352
...

EUR/USD Rally Stopped by Good CPI Report

Fri, 12 Jan 2018 17:15

Having initially rallied on the Brexit deal news (event A on the chart), EUR/USD dipped on the US inflation and retail sales data, but returned to a slow uptrend afterwards. It looks like it is becoming difficult for the currency pair to continue its growth above the multi-year highs. US CPI increased by 0.1%...

Forex News

Euro Rallies Higher Despite Lack of Major Economic Data

Euro Rallies Higher Despite Lack of Major Economic Data

Mon, 15 Jan 2018 13:24

The euro today rallied higher against the US dollar despite the lack of any major economic releases from the Eurozone, while US markets remained closed. The euro's rally was largely triggered by the aggressive selling of the US dollar across the board.

Euro Rallies Higher on German Coalition Talks Breakthrough

Euro Rallies Higher on German Coalition Talks Breakthrough

Fri, 12 Jan 2018 15:15

The euro today rallied higher against the US dollar after news emerged that Angela Merkel was finally on the verge of forming a coalition government. The euro extended yesterday's rally, which was triggered by the hawkish European Central Bank minutes, as the German political headlines ended months of uncertainty.

Euro Rallies Higher on ECB Minutes and Weak US Data

Euro Rallies Higher on ECB Minutes and Weak US Data

Thu, 11 Jan 2018 15:41

The euro today rallied to new highs against the US dollar after the European Central Bank released the minutes of its last meeting. The single currency rallied much higher during the early North American session after the release of weak US macro data.

Commodity Blog

Gold Surges to Four-Month High on Sinking US Dollar

Mon, 15 Jan 2018 16:51

Gold futures are trading at their best levels in about four months, thanks to a sliding US dollar and a closed US stock market. Silver is...

Commodities Technical Analysis, January 15th — January 19th

Sun, 14 Jan 2018 10:26

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 January 14th, 2018:...

Gold Tops Four-Month High on High Inflation Data

Fri, 12 Jan 2018 15:45

Gold futures are trading at their best levels in four months. Following the release of higher-than-expected inflation data, which impacted US Treasury yields,...

Forex Video Zone

Bitcoin Forecast — January 16th 2018

Tue, 16 Jan 2018 6:45

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the January 16th session. Bitcoin/USD — As you can see, the market has drifted a little bit lower after initially trying to rally during the day. Really at this point, the only thing I would say is, this is where the Chicago Futures market was opened. And we saw a high to the market and fell to the downside after that. A lot...

Daily Forex News and Analysis — January 16th 2018

Tue, 16 Jan 2018 6:37

US stock markets were closed on Monday due to Martin Luther King Day. The Dow Jones rose by 0.18%, the S&P 500 fell by 0.07%, and the NASDAQ lost 0.11% from its value. The US dollar traded lower against a basket of major currencies on Monday as speculation that the European Central Bank is preparing to scale back its massive stimulus program propelled the euro to more than 3-year...

Will Crude Oil Sustain Rally?

Mon, 15 Jan 2018 15:55

Oil prices continue rising. Will the commodity be able to sustain gains? The Brent Crude Benchmark hit the 3-year high, reaching the level of $70 per barrel. Oil gains ground on the back of the weaker US dollar. Besides, geopolitical concerns persist. Investors fear that new sanctions against Iran will be imposed. At the same time, the global economic growth accelerates, signaling that the demand for Crude Oil may increase,...