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

  • P France from PH writes about LMFX:

    I have traded with this broker from 2016 and I had quite satisfactory trading experience with LMFX, no critical issues encountered so far. This broker has 3 main account types that, however, I recommend Premium for no commission with acceptable sprea...

  • Leah T. writes about ForexChief:

    I have not had problems with this agent, although I am new to this type of business, they have been answering my doubts and I think that their system works very well, in comparison with other brokes that I have seen forexchief is fast and very respon...

  • John from Canada writes about IFC Markets:

    I would like to share my personal experience with IFC Markets. Hope it will help someone to make correct decision in choosing a broker.

    So, my journey with IFC started 2 years ago. They offer fixed spread account which attracted me the most (I had s...

  • Ava Johnson from Netherlands writes about Coinexx:

    Really good broker. After my finpro account was transferred here, I was bit worried how everything will go down, but they supported and helped me throughout the process. I would have to give out huge shout out to the support here who was available ev...

Forex Blog

Forex Brokers Update — February 17th, 2019

Sun, 17 Feb 2019 20:28

One new broker has been added to the list of companies on during the last week: CapitalXP — an unregulated broker based in an offshore jurisdiction, it offers MT4 trading with $250 minimum account size and 1:100 maximum leverage. Updates to the existing brokers included: ...

Weekly Forex Technical Analysis (Feb 18 — Feb 22, 2019)

Sat, 16 Feb 2019 9:47


Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1128 1.1181 1.1236 1.1288 1.1343 1.1396 1.1451

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1182 1.1237 1.1289 1.1344

EUR/USD Bounces After Mixed US Data

Fri, 15 Feb 2019 21:34

EUR/USD was heading lower at the beginning of the Friday's trading session but has bounced later and is now trading near the opening level. Data in the United States was mixed, but it looks like traders paid more attention to bad parts as the currency were moving higher after almost every...

Forex News

Canadian Dollar Gains on Lack of Data, Higher Energy Prices

Canadian Dollar Gains on Lack of Data, Higher Energy Prices

Tue, 19 Feb 2019 20:43

The Canadian dollar is taking advantage of the lack of data and news on Tuesday, rallying mostly on higher energy prices. After several consecutive reports of mixed numbers, the loonie is enjoying a breather and making gains against some of its currency rivals.

Swedish Krona Plunges After Inflation Slows Unexpectedly

Swedish Krona Plunges After Inflation Slows Unexpectedly

Tue, 19 Feb 2019 14:33

The Swedish krona tanked today after nation's inflation slowed unexpectedly last month, threatening the central bank's plans to raise interest rates.

Sterling Gains on Employment Data, Prospects for Delayed Brexit

Sterling Gains on Employment Data, Prospects for Delayed Brexit

Tue, 19 Feb 2019 13:26

The Great Britain pound gained today after employment data showed strong performance of the labor market in Britain. Prospects for a delay for the Brexit also supported the currency.

Commodity Blog

Soybean Plunges As Chinese Imports Fall, EU Threatens US

Tue, 19 Feb 2019 18:35

Soybean futures are plunging on Tuesday on new data that found Chinese imports of US soybeans fell last month. The agricultural commodity is also...

Metals Gain Despite Strong Dollar, Crude Oil Retreats from Year's Highs

Tue, 19 Feb 2019 15:29

Gold and other metals were demonstrating surprisingly good performance today even as the US dollar was relatively strong. Usually, commodities priced in the US currency...

Gold Climbs to Two-Week High on Dollar, Fed Pause

Mon, 18 Feb 2019 18:32

Gold futures are trading at their best levels in two weeks on Presidents’ Day. The yellow metal is benefiting from a wide range of factors to kick...

Forex Video Zone

Gold Forecast — February 20th 2019

Wed, 20 Feb 2019 14:31


Daily Market Roundup — February 20th 2019

Wed, 20 Feb 2019 14:19

The greenback and gold are looking bullish. The New Zealand dollar is looking bearish. The EUR/USD pair is looking bullish. It needs to clear the resistance at 1.1357. The resistance levels are 1.1357, 1.1380, and 1.1397. The support levels are 1.1325, 1.1278, and 1.1220. The USD/JPY pair is looking bullish. It has broken resistance at 110.50. The resistance levels are 110.88, 111.48, and 112.10. The support levels are 110.40, 110.27, 110.04....

The Most Powerful Candlestick Reversal Patterns & How to Use Them

Tue, 19 Feb 2019 16:59

In this video, you will learn about candlestick reversal patterns, and how to use them in your forex trading. You can look at some important patterns. Candlestick patterns are made up of one or more candlesticks. A candlestick pattern tells you about the picture of what is happening in the market or the interaction between the buyers and sellers. Look at this chart. As you can see, this is a shooting star candle...