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

  • Rich from Australia writes about Coinexx:

    Good broker, great spreads, low commissions, wide array of instrument to trade on, spotless execution and trading platform. We should have more brokers like coinexx. I wasn’t very uncomfortable with the idea that they are only crypto, in the beginnin...

  • vahid from Turkey writes about AvaTrade:

    hello

    i warn they are scam .

    my name is vahid jazayeri arab and my account number is 6480130 in ava trade broker .

    I had buy currency pair EUR TRY 3 lot and my target was 5.5800 .at 2018/07/09 market reached my target ,but they server has bee...

  • Ludwick from Turkey writes about AccentForex:

    Each broker has its pros and cons. But for me the main thing is earnings and output. Because trade is my main earnings. In terms of output the accent is good. I always withdraw money for a max of two days. At the moment I see the company is changing....

  • dyna park from Belgium writes about Coinexx:

    Just started using them. Its going good so far. Opened my live account, was able to transfer BTC instantly to my ac. The process was smooth.. so decided to test the withdrawal. I made a quick withdrawal as soon as I made sum bucks to test and yaa it...

Forex Blog

EUR/USD Recovers as Market Sentiment Improves, US Manufacturing Slows

Thu, 16 Aug 2018 13:04

EUR/USD rebounded today, extending its recovery, amid improving market sentiment. Market participants became a bit more optimistic due to the news about Qatar investing in Turkey and renewed trade talks between the United States and China. US macroeconomic data, being rather unimpressive, did not prevent...

EUR/USD Recovers After Touching 13-Month Low

Wed, 15 Aug 2018 22:44

EUR/USD dropped intraday on Wednesday as the euro touched the lowest level in more than a year. By the end of Wednesday's trading, though, the currency pair managed to recover, staying near the opening level. There were plenty of US economic reports released over the trading session. Retail sales rose 0.5% in July, seasonally...

Weekly Forex Technical Analysis (Aug 13 — Aug 17)

Sat, 11 Aug 2018 9:51

EUR/USD

Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1083 1.1236 1.1323 1.1476 1.1563 1.1716 1.1803

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1219 1.1291 1.1459 1.1531
...

Forex News

Japanese Yen Finds Direction As Investors Show Currency Is ‘Undervalued’

Japanese Yen Finds Direction As Investors Show Currency Is ‘Undervalued’

Fri, 17 Aug 2018 0:12

The Japanese yen is continuing to find direction at the end of the trading week as analysts say that the currency is “undervalued.” As the market fears over the Turkish crisis dissipate, several currencies are looking to gain some momentum in this volatile environment, and one of them might be the yen.

Canadian Dollar Among Weakest Currencies Despite Solid Data

Canadian Dollar Among Weakest Currencies Despite Solid Data

Thu, 16 Aug 2018 18:20

The Canadian dollar was among the weakest currencies today despite solid macroeconomic data and gains of crude oil, Canada's major export commodity. The possible reason for that were resurfacing concerns about the Turkish situation.

Pound Attempts to Rally on Positive Retail Sales, Remains Vulnerable

Pound Attempts to Rally on Positive Retail Sales, Remains Vulnerable

Thu, 16 Aug 2018 17:03

The Great Britain pound attempted to rally against some of its rivals today but was still hanging near the 14-month lows. While UK retail sales beat expectations and the general market sentiment improved, Brexit fears were still weighing on the currency.

Commodity Blog

Metals Rally as Dollar Weakens, Gold Doesn't Join

Thu, 16 Aug 2018 17:52

Futures for metals priced in the US dollar gained today as the greenback weakened. Yet gold did not join the rally, still hanging near the lowest level...

Natural Gas Falls on Rising Domestic Inventories

Thu, 16 Aug 2018 16:48

Natural gas futures are trading lower on Thursday after the US government reported that domestic inventories of the energy supply climbed more than what...

Soybeans Add to Losses Despite US Shipments to China

Wed, 15 Aug 2018 15:28

Soybean futures are adding to their losses midweek, despite US shipments of the commodity entering China. Investors are also paying attention to reports that...

Forex Video Zone

How to Find Key Support and Resistance Zone Area — Very Easy Tutorial

Thu, 16 Aug 2018 15:39

In today's lesson we are gong to focus on two very important aspects of technical analysis, called support and resistance. Let's focus on the support line first. By definition, a support line is a horizontal line that reverses the current downtrend back to upward direction. So, what we have here in this chart, is a downtrend. The actual size of the downtrend does not matter. We see a cluster of ...

Bitcoin Forecast — August 16th 2018

Thu, 16 Aug 2018 15:25

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the August 16th session. Bitcoin/USD — As you can see, we did have a nice rally during the day. About 8% and that is pretty impressive, truthfully, coming from 6,000. Indeed, it is a strong move. You also have to keep it in context of what is going on. As the US dollar has rallied and emerging markets...

EUR Pares Some Losses

Thu, 16 Aug 2018 15:00

US dollar bulls are decreasing long bets. So, the European currencies are taking advantage of a downward correction of the US dollar. The EUR/USD pair has rebounded by over 60 pips as a correction. The most popular currency pair is trading at near 1.1370. The euro recovered from its weakest level in more than a year after the news that Qatar intends to invest $15 billion in the Turkish economy. This is...