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

  • Ella Nickels from Japan writes about AAFX Trading:

    Many traders recommend different brokers. But I will only recommend AAFX. Since I have only used this broker and have gained excellent trading experience as a trader, the most important thing for me is a secure trading platform. Which I'm getting fro...

  • Cleofas Burgos  from Spain writes about CIBFX:

    What I love most about this broker, CIBfx is: it is effectively providing me all the essential trading services so that I can enjoy a comfortable trading journey, yet again, it is ensuring me safe trading journey through proper verifications. I am en...

  • Luis from Portugal writes about Markets Cube:

    at the end of July I opened an account at Markets Cube and to where I transferred 5,250 (250+5000) euros.

    because I was hospitalized I could not receive telephone calls so the business I did was exclusively at my own risk.

    So I take the damage I've...

  • Carey from France writes about Imperial Global Markets:

    Besides the traditional trading with the customary financial assets (and cryptocurrencies), Imperial offers several group investment portfolios for different kinds of risk and strategies. Imperial consultants are also ready to help me organise my per...

Forex Blog

EUR/USD Fails to Bounce as Dollar Remains Supported by Fed

Thu, 18 Oct 2018 15:06

EUR/USD attempted to bounce today after yesterday's drop but failed. The greenback remained supported by the hawkish stance of the Federal Reserve. Macroeconomic reports released in the United States on Thursday were decent, providing additional support to the US currency. Philadelphia Fed manufacturing index fell a bit from 22.9 in September to 22.2 in October....

EUR/USD Dips, Extends Decline After FOMC Minutes

Wed, 17 Oct 2018 21:04

EUR/USD was falling throughout the Wednesday's trading session and continued to move lower after the Federal Open Market Committee released minutes of its September meeting. The fact that all members of the Committee unanimously voted for an interest rate hike boosted bets on an additional hike in December. Housing starts were at the seasonally...

EUR/USD Retreats After Rallying Earlier on Tuesday

Tue, 16 Oct 2018 21:27

EUR/USD rallied on Tuesday but was heading to end the session flat. While the currency pair got boost from the dollar's weakness caused by the positive market sentiment, it looks like optimism slowly eroded. US macroeconomic releases added to the downside momentum as basically all US indicators were better...

Forex News

US Dollar Gains on Fed Hikes Speculations, Positive Data

US Dollar Gains on Fed Hikes Speculations, Positive Data

Thu, 18 Oct 2018 18:03

The US dollar was rather strong today, though it was unable to outperform safer currencies like the Japanese yen and the Swiss franc. The greenback was also surprisingly weak against the Australian and New Zealand dollars intraday but managed to rebound by now.

Pound Trades Sideways on Failed Brexit Talks and Weak UK Retail Sales

Pound Trades Sideways on Failed Brexit Talks and Weak UK Retail Sales

Thu, 18 Oct 2018 13:47

The British pound today traded sideways against the US dollar following the failed Brexit talks during yesterday's meetings between EU leaders and British PM Theresa May. The pound was further weighed down by the release of the latest UK retail sales data in the early European session, which missed expectations by a significant margin.

Canadian Dollar Falls on Cratering Oil Prices, Weaker Manufacturing Data

Canadian Dollar Falls on Cratering Oil Prices, Weaker Manufacturing Data

Thu, 18 Oct 2018 13:45

The Canadian dollar is tumbling on Thursday, thanks to crude oil prices slipping below the key $70 threshold and weak manufacturing data. The loonie had surged to a 11-day high on Wednesday before retreating against several other currencies.

Commodity Blog

Gold Gains, Other Metals Fare Far Worse After Fed Minutes

Thu, 18 Oct 2018 18:49

The market of metals demonstrated mixed performance today as gold gained, while palladium was flat, silver and platinum fell, and copper showed especially big losses....

Natural Gas Slumps As Total Inventories Top 10-Month High

Thu, 18 Oct 2018 15:09

Natural gas futures are tumbling on Thursday after the US government reported that domestic inventories rose slightly less than the market had anticipated....

Soybean Rallies on Chinese Demand, Higher Taiwan Imports

Wed, 17 Oct 2018 14:26

Soybean futures are extending their gains midweek after reaching their best levels in two months. Soybean prices are rallying on a series of positive...

Forex Video Zone

Candlestick Pattern — Bullish Engulfing Formation

Thu, 18 Oct 2018 18:02

What you see typically is a trend downward initially or sideways movement. But one could expect this type of downward movement. The first candlestick in this pattern is a continuation of the downward movement. Price gaps down from the close of the previous day and opens lower, indicating it is going to trend downwards. Then it surprises us, moves up, closes beyond this candlestick's high. These two candlesticks...

Bitcoin Forecast — October 18th 2018

Thu, 18 Oct 2018 17:10

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the October 18th session. Bitcoin/USD — The markets did not see any major action on Wednesday. The $5,000 level below looks supportive. A break below this level would be very bearish. The markets are still drifting through this descending triangle pattern. Buyers need to see a break above the top of this candlestick from Monday...

Daily Market Roundup — October 18th 2018

Thu, 18 Oct 2018 14:52

The US dollar is appreciating at the moment. The EUR/USD pair is showing bearish sentiment. It has broken the 1.15 level. The resistance levels are 1.1566, 1.1633, and 1.1659. The support levels are 1.1541, 1.1515, and 1.1480. The USD/JPY pair was trying to gain ground, but it looks like the bulls have ran out of steam to reach the 112.83 level. The GBP/USD is showing bearish sentiment and it is largely influenced...