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

  • Alistair from UK writes about AAATrade:

    this is an excellent brokerage house in terms of keeping up with technological advances, execution and support. They have been honest since the day I registered, warning about the risks associated and everything. Unfortunately, my account manager o...

  • Елена writes about Imperial Global Markets:

    Besides the usual gentleman pack in Imperial, I was also offered to participate in IPO. It's impossible to predict anything, but there have been positive aspects (like the extremely positive background of the usa stock markets) as well as some risks ...

  • Anton from Ukraine writes about EverFX:

    I've already read different opinions about EverFX but I’ve decided to try. So far so good. I haven't found any major problems, any difficulties. Everything is clear and transparent. I got my profit on the debit card account just in a day.

  • Sexy from Russia writes about Forex Optimum:

    I trade on Forex Optimum and have never used indicators. I've decided to use 100% to the deposit bonus. You need to deposit $500 for this. And I could trade with $1,000 after that. This immediately increases the trading opportunities, although the bo...

Forex Blog

EUR/USD Rises Despite Italian Budget Problems

Tue, 23 Oct 2018 16:32

EUR/USD rose today following the intraday drop. The currency pair gained even as the European Commission made an unprecedented move, rejecting the Italian budget plan. US macroeconomic data was poor, but there are very few reports and they were not particularly important, thus having limited impact...

Forex Brokers Update — October 21st, 2018

Sun, 21 Oct 2018 18:53

One new company became listed on this week: WCX — an unregulated crypto/FX broker claiming to be from Switzerland. They have a very minimalistic website and offer trading in multiple markets via Bitcoin-based accounts. Maximum leverage for currencies is 1:300. Some other brokers have been updated:...

Weekly Forex Technical Analysis (Oct 22 — Oct 26)

Sat, 20 Oct 2018 9:55


Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1236 1.1334 1.1424 1.1523 1.1613 1.1711 1.1801

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1332 1.1420 1.1520 1.1608

Forex News

Japanese Yen Rises on Upbeat Tone, China Trade Talks

Japanese Yen Rises on Upbeat Tone, China Trade Talks

Tue, 23 Oct 2018 17:13

The Japanese yen is rising against its American counterpart on Tuesday as officials maintain an upbeat tone on the national economy. This week, Japanese leaders are in China to discuss trade and find ways to improve commerce and relations amid trade tensions with the US.

Euro Rallies Slightly Amid Stock Market Sell Off and Italian Politics

Euro Rallies Slightly Amid Stock Market Sell Off and Italian Politics

Tue, 23 Oct 2018 12:47

The euro today rallied slightly against the US dollar despite the lack of any major data releases from the eurozone and the simmering Italian budget drama. The EUR/USD currency pair's rally is most likely due to a technical pullback given yesterday's massive decline and the risk-off market sentient that still exists.

Sterling Falls on Monday on Brexit Headlines

Sterling Falls on Monday on Brexit Headlines

Mon, 22 Oct 2018 20:27

The Great Britain pound sank on Monday against all other most-traded currencies, including the euro that was extremely weak itself, amid the negative Brexit headlines, which made the currency unappealing to investors.

Commodity Blog

Soybean Futures Dip on USDA Forecast, China’s Ample Supplies

Tue, 23 Oct 2018 15:53

Soybean futures are dipping on Tuesday after the US government published a bearish forecast relating to the trade war with China, which, separate reports suggest,...

Crude Oil Rebounds After Declining on Saudi Arabia Supply

Mon, 22 Oct 2018 19:54

Prices for crude oil dipped during the Monday's trading session but rebounded later. The decline was a reaction to the statement from Saudi Arabia's Energy...

Is BTCUSD Due For a Downtrend?

Mon, 22 Oct 2018 19:09

Is Bitcoin digital gold? The CEO of Genesis Global Trading, Michael Moro was asked that age-old question during the ...

Forex Video Zone

Recap of European Trades — October 23rd 2018 — EUR and GBP

Tue, 23 Oct 2018 15:25

The euro is showing bullish sentiment today with decreased volatility. The EUR/USD pair is trading near 1.1460. The pair is influenced by the budget issues in Italy at the moment. The credit rating for Italy was downgraded to Baa3 by the rating agency, Moody's. This could lead to the investors losing interest in Italy, in terms of business investments. Also, the macroeconomic data released shows an increase in inflation. The pound is looking bearish today....

Candlestick Patterns — Candlestick Pattern Basics

Tue, 23 Oct 2018 14:20

In this video, you will learn about the basics of candlesticks and how they compare with a bar chart. When you trade using candlesticks, there are candlestick and the candlestick patterns. The patterns normally consist of 2 or 3 candlesticks observed as a group to observe the sentiment of the market. On the left, you have the white candlestick. The open price is lower than the close price. Normally it is indicated in green color. It...

Put Your Trade and Leave It — Forex Trading

Tue, 23 Oct 2018 13:30

In this video, you will learn about how to handle a trade after you have placed it on the chart. It is an enjoyable experience to see a trade go in profit and you can close your position in profit. But this is not always the case. Sometimes it takes lots of time before the market makes up its mind to find a direction. In this case, you may not be able...