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

  • serega writes about IFC Markets:

    I started out like many with a small deposit and a few months later spread out, now I can trade fully without extra risks. I feel confident about my money, the broker has a good reputation, which it had earned through the years, so I doubt something ...

  • ch raju from india writes about Trade12:

    trade12 scammed me. first they ignored my withdrawal for one month saying data transfer and later after one month when i reminded they traded my account with huge volume without my permission. and the worst part is the trade they traded never quoted ...

  • FreshForex from Russia writes about FreshForex:

    Dear Johnny Sanderson.

    That's a nice story but there are some discrepancies. Unfortunately, we don't have trading instrument USD/EUR. We assume you mean EUR/USD. In this case it is unclear what exactly happened. Money doesn't tend to disappear witho...

  • FreshForex from Russia writes about FreshForex:

    Dear Mark Kessinger and Judy Sanderson,

    Nice try, but we have to disappoint you, there is no trading account matching your number combination. If you decide to earn money on trading instead of fake feedbacks, we will be happy to help you. Our tradin...

Forex Blog

Best Forex VPS Poll

Mon, 27 Mar 2017 15:42

There are many VPS providers catering to the Forex traders these days (36 listed on as of today). If you do not know what VPS is and how it works, you can read our How Does VPS Work in Forex Trading? post and see our Forex ...

Forex Brokers Update — March 26th, 2017

Sun, 26 Mar 2017 12:41

Another week has passed without new additions to the list of Forex brokers, but we have updated some companies' listings: Updated currency pairs list of Forexite to remove the pairs that are not available for trading. The broker only offers them for charting and conversion purpose. FXCM's parent...

Weekly Forex Technical Analysis (Mar 27 — Mar 31)

Sat, 25 Mar 2017 9:13


Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.0629 1.0674 1.0735 1.0780 1.0841 1.0885 1.0946

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.0678 1.0743 1.0784 1.0849

Forex News

Canadian Dollar Climbs Against US Counterpart amid Uncertainty Surrounding Trump Plans

Canadian Dollar Climbs Against US Counterpart amid Uncertainty Surrounding Trump Plans

Mon, 27 Mar 2017 19:07

The Canadian dollar edged higher against its US counterpart on Monday, as investors became uncertain about the future of Donald Trump’s economic agenda. A healthcare bill that aimed to dismantle and replace Obamacare failed to pass in Congress on Friday, which raised concerns that the economic plans of the president might face a great deal of resistance.

GBP/USD Rallies Ahead of Theresa May's Triggering of Article 50

GBP/USD Rallies Ahead of Theresa May's Triggering of Article 50

Mon, 27 Mar 2017 17:23

The GBP/USD currency pair rallied higher today as markets anticipate the triggering of Article 50 on Wednesday by the UK Prime Minister, Theresa May. The British pound rallied higher boosted by the positive economic data released recently in the UK, while markets ignored the uncertainty associated with the official Brexit process.

Yen Climbs Following Trump's Failure to Dismantle Obamacare

Yen Climbs Following Trump's Failure to Dismantle Obamacare

Mon, 27 Mar 2017 13:47

The Japanese yen gained today, rallying to the highest level since November against the US dollar, after US President Donald Trump failed to push his health care bill. Meanwhile, the Bank of Japan released the Summary of Opinions for the March policy meeting.

Commodity Blog

Trump Doubt Helps Gold Prices Hit One-Month High

Mon, 27 Mar 2017 17:00

The market is beginning to doubt US President Donald Trump and his ability to push through pro-growth and pro-business policies. This is proving to be...

Commodities Technical Analysis, March 27th — March 31st

Sun, 26 Mar 2017 9:36

The technical analysis, that includes the indicators’ data and major pivot points for WTI Oil, Gold, Silver and Copper as traded on spot market as of March 26th, 2017:...

Bitcoin Breaks Lower Than $1,000 on Growing Rift Between Developers

Fri, 24 Mar 2017 23:27

The price of Bitcoin moved lower than $1,000 on Friday as the virtual currency continued to face a number of headwinds. The latest came from a conflict between Bitcoin’s developers...

Forex Video Zone

Oil Prices Losing Momentum

Mon, 27 Mar 2017 16:59

Oil prices cannot gain ground despite the weakness of the US dollar. The Brent Crude Benchmark retreated from the levels above $51 per barrel and is hovering near $50.53 per barrel. Oil traders abandoned hope for any improvements in the oversupplied market as all efforts of the OPEC and non-OPEC countries to cut the output are offset by the US companies which ramp up the production. The report on the US oil rig count from...

Traders Prefer Euro

Mon, 27 Mar 2017 13:02

Today, the euro grew stronger amid weak US dollar and upbeat statistics from Germany. In the early session, the EUR/USD pair reached a 5-month high of 1.0870. Analysts expect the euro to hover close to the maximum levels against the US dollar. The published Business Climate Index in Germany supported growth of the euro. According to the report released by the IFO Institute for Economic Research, the index climbed to 112.3 after the previous increase to 111.1. Assessment...

USD/JPY: to Test 110.00 — Forecast — March 27th 2017

Mon, 27 Mar 2017 12:41

In this video, the Trading Central looks at the currency pair USD/JPY for the March 27th session. USD/JPY — The USD/JPY pair lost nearly 1% this morning. Looking at the intraday 30-min chart, we can see that the pair has failed to make it above the key resistance at 111.50. It is currently trading at levels above 110.30, where were last seen last November. In fact it has broken clearly below...