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 (as of April 2016). 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. Everyone can participate in foreign exchange trading via the Forex brokers.

You can start learning to trade by going through our free Forex course. You can also join a friendly community of traders at the Forex forum.

Latest in Forex

  • Anrew Tchvertkin from Italy writes about Trade Fintech:

    My experience so far has been good. Earlier before I started joining, I contacted the company to ask for bonus on deposits and they approved it. I had a problem when downloading my MT4 but support responded and helped. No slippage at the moment.

  • Alpari from Alpari writes about Alpari:

    Hello, Sandeep! Please be informed that we cannot influence to the charts. Charts show the prices which are provided by our liquidity providers and all the quotes you can check in your myAlpari account in the ticks history. Specify please your myAlpa...

  • Enver Malots from United Kingdom writes about Trade Fintech:

    I traded with Tradefintech and had good trading experience with this broker. I think that they are more likely reliable than others.

  • Vasil from Romania, Bucharest writes about HYCM:

    Working with HYCM you should be already good at trading from my point of view. There is good conditions but for those who knows his trades. Even the materials are good for those who already knows some basics. By the way, the broker is really fair and...

Forex Blog

Weekly Forex Technical Analysis (May 21 — May 25)

Sat, 19 May 2018 9:52

EUR/USD

Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1435 1.1593 1.1682 1.1839 1.1928 1.2085 1.2174

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1575 1.1647 1.1822 1.1894
...

New Position Size Calculator: SL and TP Which Follow Entry Line and Are Set in Pips

Fri, 18 May 2018 19:12

The newest version (2.14) the Position Size Calculator indicator, which is released today, introduces a new way to set stop-loss and take-profit for your potential trade setups. You can set the new input parameters UseFixedSLDistance and UseFixedTPDistance to true to turn this new mode on:...

US Treasury Yields Continue to Push EUR/USD Lower

Thu, 17 May 2018 15:22

EUR/USD fell today, extending its decline for the fourth consecutive trading session, as persistently firm US Treasury yields continued to bolster the US dollar. Macroeconomic data released in the United States over the current session was good for the most part, with the exception of unemployment claims that rose more than was...

Forex News

USD Ends Week Second Strongest, Analysts Unconvinced by Rally

USD Ends Week Second Strongest, Analysts Unconvinced by Rally

Sat, 19 May 2018 13:50

The US dollar ended the week as the second strongest currency on the Forex market, losing only to the Swiss franc. Yet some market analysts said that the rally was unconvincing due to a range of political factors that were weighing on the greenback.

Canadian Dollar Declines Against US Dollar on Weak Canadian CPI

Canadian Dollar Declines Against US Dollar on Weak Canadian CPI

Fri, 18 May 2018 14:40

The Canadian dollar today dropped significantly against the US dollar following the release of disappointing Canadian CPI data in the early American session. The loonie's losses were further compounded by the stronger US dollar, which was boosted by rising US Treasury yields.

EUR/USD Trades Sideways as US Dollar Rally Wanes, Later Declines

EUR/USD Trades Sideways as US Dollar Rally Wanes, Later Declines

Fri, 18 May 2018 11:18

The EUR/USD currency pair was in a consolidative phase during the Asian session even as US Treasury yields hit new highs overnight and the greenback rally lost some momentum.

Commodity Blog

Gold Steadies Amid Stalled US-China Trade Talks, Higher Treasury Yields

Fri, 18 May 2018 15:51

Gold futures are steadying at the end of the trading week, but the precious metal is poised for its second straight weekly loss after a month of consecutive...

Wheat Rallies on Weather Concerns, Corn & Soybean Drop

Thu, 17 May 2018 19:14

Futures for wheat rallied today amid concerns about impact that weather may have on winter crop. Prices for corn and soybean declined. Market participants...

Natural Gas Rallies on Weekly Increase in Domestic Supplies

Thu, 17 May 2018 15:33

Natural gas futures are rallying on Thursday after the US government reported that domestic stockpiles rose more than expected. If natural gas...

Forex Video Zone

WTI Crude Oil and Natural Gas Forecast — May 18th 2018

Fri, 18 May 2018 17:48

In this video, the Trader Guy looks at commodities Crude Oil and Natural Gas for the May 18th session. WTI Crude Oil — As you can see that the shooting star formed at the $72 level is a negative sign, but really I think at this point, what we are looking at is a pullback to $70 to build up the necessary momentum. Otherwise, if we can break above the top of this candle,...

EUR/USD and GBP/USD Forecast — May 18th 2018

Fri, 18 May 2018 17:23

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the April 18th session. EUR/USD — As you can see, the EUR/USD pair has pulled back to form a hammer on Wednesday, but Thursday tested the bottom of it. We did hold and so far it is still in effect. But I think at this point, any rally is going to struggle to break 1.20. A breakdown below the bottom of this hammer...

Traders in Wait-and-See Mood in Wall Street Pre-Market

Fri, 18 May 2018 17:04

On Thursday, the US dollar remained at a 5-month high against the basket of 6 major currencies. The greenback finds support mainly from elevated yields of US Treasuries. In the North American pre-market, the US dollar index was trading at about 93.50. Importantly, yields of US bonds surged in response to statements of the Federal Reserve. The central bank said at the May policy meeting that the US consumer inflation is about to reach the target...