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

  • PauL from France writes about AAFX Trading:

    I’ve just started to trade with AAFX on the real account. I was happy about the bonus of 35% on my first deposit. I’m a newbie; the trading is going differently. Even if I trade and break, then at a certain point I can withdraw 350 dollars of income!...

  • Rosemarie Ingram from UK writes about ForexChief:

    I can not believe that people usually do not look for more options to be able to free themselves economically, I enter the forex investment in looking to improve my income and this is what I have been doing with forexchief

  • Alex writes about Forex Optimum:

    I trade on a cent account for only 2 weeks. During this time, I managed to earn a dollar) Yesterday I decided to check whether they do withdraw money. Today I received them to my account. They withdrew is in up to 24 hours. And there’s no commission....

  • Kvon Dmitriy from Russia writes about JCMFX:

    I opened my trading account 10001234 with broker JCMFX on March 6, 2019. I made a deposit of 130 dollars. Last year I already traded with this broker on MT4. He had a rule: the order must be on the market for at least 2 minutes. On a new trading acco...

Forex Blog

EUR/USD Rallies on Monday, Ends Session Trimming Gains

Mon, 17 Jun 2019 23:01

EUR/USD rallied on Monday, though trimmed gains by the end of the trading session. Analysts pointed at the slump of the Empire State Manufacturing Index as one of the possible reasons for the rally, but the currency pair actually halted its upward movement after the release. NY Empire State Index tumbled from 17.8 in May to -8.6 ...

Weekly Forex Technical Analysis (Jun 17 — Jun 21, 2019)

Sun, 16 Jun 2019 11:24


Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1020 1.1111 1.1161 1.1252 1.1302 1.1393 1.1443

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1100 1.1140 1.1241 1.1281

Forex Brokers Update — June 16th, 2019

Sun, 16 Jun 2019 7:59

No new brokers appeared on this week, just a few updates to the listed companies: AvaTrade now accepts Boleto, FasaPay, and UnionPay for payments. МТ5 demo accounts are now available. Traders can also keep account balance in Australian dollar, Japanese yen, Swiss franc, and Great Britain pound....

Forex News

Rising Oil Prices Help Canadian Dollar Ignore Unfavorable Data

Rising Oil Prices Help Canadian Dollar Ignore Unfavorable Data

Tue, 18 Jun 2019 15:38

The Canadian dollar was generally firm today despite unfavorable domestic macroeconomic data. The likely reason for the loonie's good performance was the sharp rally of prices for crude oil, Canada's major source of export revenue.

US Dollar Gains on Majors, Soft vs. Commodity Currencies

US Dollar Gains on Majors, Soft vs. Commodity Currencies

Tue, 18 Jun 2019 14:32

The US dollar traded generally higher against other majors today, though fell versus commodity currencies, even the extremely vulnerable Australian dollar. The current trading session was very light on macroeconomic data, with housing starts and building permits being the only report released in the United States today, and traders wait for tomorrow's monetary policy decision from the Federal Reserve to drive the market.

Chinese Yuan Strengthens on Solid Housing Prices, Retail Sales

Chinese Yuan Strengthens on Solid Housing Prices, Retail Sales

Tue, 18 Jun 2019 14:15

The Chinese yuan is strengthening against several major currencies on Tuesday, supported by solid housing prices and retail sales in May. Although industrial output and fixed asset investment figures came in lower than expected, they were still commendable at a time when the world’s second-largest economy is engaged in a bitter trade war with the US.

Commodity Blog

Crude Oil Surges on Range of Factors, Wait for API Report

Tue, 18 Jun 2019 15:11

Prices for crude oil surged during the Tuesday's session. Market analysts named a range of reasons for the sharp gains. One of them was the escalating tensions between...

Video: Crude Oil as of June 18, 2019

Tue, 18 Jun 2019 14:06

In the present video, Phil Carr from The Gold and Silver Club discusses gold as of June 18, 2019. He starts the video with mentioning the fact that...

Copper Rises 1% on Supply Disruptions, Deficit Forecasts

Tue, 18 Jun 2019 13:08

Copper futures are rallying on Tuesday, buoyed by supply disruptions in South America that support forecasts that the industry will face a deficit within the next...

Forex Video Zone

EUR/USD and GBP/USD Forecast — June 18th 2019

Tue, 18 Jun 2019 17:21

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the June 18th session. EUR/USD — The Monday session was initially bullish, but then the 1.1250 level came in the way of resistance, and the market rolled over. It looks like the market is trying to pull back and look for support. So, you can buy on signs of support like a hammer candlestick on the daily chart. Investors could only decide...

Bitcoin Forecast — June 18th 2019

Tue, 18 Jun 2019 17:04

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the June 18th session. Bitcoin/USD — Bitcoin market rallied on Monday session after finding support at the lower line of the ascending price channel. Investors are waiting for the release of the FOMC monetary policy statement to be released on Wednesday session. The market is trading above the 9.000 level. The central banks around the world are maintaining a soft tone...

Gold Forecast — June 18th 2019

Tue, 18 Jun 2019 16:18

In this video, the Trader Guy looks at the commodity, gold for the June 18th session. Gold/USD — The market initially tried to pull back on Monday session, but then got pushed to the upside by buyers, and formed a hammer candlestick on the daily chart. Investors are awaiting for the release of the FOMC statement on Wednesday session. To the upside, the 1,365 level could offer resistance. It depends on how the Fed is going...