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. 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.

Getting into Forex trading is easy:

1. Start with our free Forex course.
2. Open an account with a broker.
3. Learn from other traders at the forum.

Latest in Forex

  • Karl from Berlin writes about ForexChief:

    My experience with Forexchief is rather a good one. I usually deposit with withdraw in bitcoins all the time. I prefer this option because I hate dealing with other payment systems and the broker honors my request on time.

    I really do like the fa...

  • Marko from Romania writes about IFC Markets:

    Good and reliable company. First of all, I advise to trade with IFC Markets to stock traders. There are many companies introduced. There is also a very interesting thing – PCI method that allows you to increase or decrease volatility by creating your...

  • Mohammad Al Jasser from Saudi Arabia writes about One Global Market:

    no issue in withdrawal/deposit of my money with OGM.

    It makes me feel secure as I myself is an experienced pamm investor and I always prioritize on a broker reputation and service/support before investing.

  • John Kimmel from United Kingdom writes about One Global Market:

    Honestly this has to be the best broker I have worked with. Never had a problem with the platform or the broker in general. Their support team is always available and so supportive. What makes them the best to me is that they are 100% genuine and my ...

Forex Blog

Weekly Forex Technical Analysis (Jan 21 — Jan 25, 2019)

Sat, 19 Jan 2019 9:51

EUR/USD

Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1179 1.1266 1.1316 1.1403 1.1452 1.1539 1.1589

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1257 1.1297 1.1393 1.1434
...

EUR/USD Declines amid Speculations About US Tariffs Rollback

Fri, 18 Jan 2019 19:20

EUR/USD declined today even as the US consumer sentiment worsened significantly this month. Yet the improving industrial production helped the dollar to gain on the euro. Another reason for the dollar's strength was the rumor that the United States are considering lifting tariffs on Chinese imports. Industrial production rose 0.3% in December...

EUR/USD Little Changed Despite Disappointing Eurozone Inflation, Positive US Data

Thu, 17 Jan 2019 18:45

EUR/USD was little changed today even after the inflation print released in the eurozone came out below expectations (event A on the chart), while US macroeconomic indicators surprised positively. Philadelphia Fed manufacturing index jumped from the revised reading of 9.1 in December to 17.0 in January. Analysts had...

Forex News

Chinese Yuan Weakens As Growth Slows to 28-Year Low

Chinese Yuan Weakens As Growth Slows to 28-Year Low

Mon, 21 Jan 2019 18:56

The Chinese yuan weakened against its major currency rivals to kick off the trading week as the latest gross domestic product (GDP) figures were released. And it was not pretty for the world’s second-largest economy, though some traders are finding needles in a haystack with government data.

Canadian Dollar Declines Against US Peer on Weak Crude Oil Prices

Canadian Dollar Declines Against US Peer on Weak Crude Oil Prices

Mon, 21 Jan 2019 11:51

The Canadian dollar today fell against its US counterpart as investors reacted to a drop in global crude oil prices during today's session. The loonie, whose performance is closely linked to crude oil prices, fell despite the lack of much activity around the greenback as US markets remain closed.

Australian Dollar Posts Small Losses After China's Growth Slows

Australian Dollar Posts Small Losses After China's Growth Slows

Mon, 21 Jan 2019 11:35

The Australian dollar demonstrated small losses during the current trading session after economic data showed slowing growth in China, Australia's biggest trading partner. Trading was more quiet than usual today as US markets are closed for a holiday.

Commodity Blog

Gold Slips to One-Month Low As Investors Jump Back Into Equities

Mon, 21 Jan 2019 18:25

Gold futures slipped to their lowest levels in a month as investors have renewed their interest in the equities market. With a greater risk appetite among traders,...

Crude Oil Logs Small Losses After China's Growth Slows

Mon, 21 Jan 2019 12:02

Futures for crude oil logged small losses today after data showed that China's economic growth slowed last quarter. Annual growth in the fourth...

Commodities Technical Analysis, January 21st — January 25th

Sun, 20 Jan 2019 11:23

The technical analysis, that includes the indicators’ data and major pivot points for WTI Oil, Gold, Silver, Copper, and Natural Gas in continous charts as of January 20th,...

Forex Video Zone

Gold Forecast — January 21st 2019

Mon, 21 Jan 2019 16:31

In this video, the Trader Guy looks at the commodity, gold for the January 21st session. Gold/USD — Friday session saw the markets make an aggressive move to the downside. Now, the market is at the top of the ascending channel. The 1,280 level and the 20-day EMA could provide some support. Any break below this level, the 50-day EMA could also provide support. This looks like the market is experiencing...

USD/MXN Forecast — January 21st 2019

Mon, 21 Jan 2019 16:29

In this video, the Trader Guy looks at the USD/MXN pair for the January 21st session. USD/MXN — The 19 peso level prove to be supportive and the market did bounce after that. However, if the 61.8% Fibonacci retracement level is broken, then it reduces the chances of a move towards the upside. But the uptrend line below could provide some support. So, the market could rally, but it could be met...

The Nash Equilibrium in Trading

Mon, 21 Jan 2019 16:21

In this video, you will learn about the relationship between the nash equilibrium and how it relates to trading in the forex market. The nash equilibrium explains the behavior of two or more participants, each using their own strategy. An example is retail players playing against the large traders. Another example is the behavior of vehicles at a traffic light. It is important that a vehicle comes to a halt at the stop light at a junction, not...