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

  • John from Canada writes about IFC Markets:

    I would like to share my personal experience with IFC Markets. Hope it will help someone to make correct decision in choosing a broker.

    So, my journey with IFC started 2 years ago. They offer fixed spread account which attracted me the most (I had s...

  • Ava Johnson from Netherlands writes about Coinexx:

    Really good broker. After my finpro account was transferred here, I was bit worried how everything will go down, but they supported and helped me throughout the process. I would have to give out huge shout out to the support here who was available ev...

  • IFC Markets Corp. from Cyprus writes about IFC Markets:

    Hello Petr,

    Thank you for your review.

    We would kindly ask you to provide your account details in order to investigate your case and address the issue.

    Best regards,

    IFC Markets Team

  • Nylth Ads from Egypt writes about Forex Optimum:

    It's a fine broker for novice traders. You can find a lot of detailed analysis of the fundamental analysis, strategies, and so on on their website. The company is focused on the success of traders as it takes % of the total turnover on the account fr...

Forex Blog

Weekly Forex Technical Analysis (Feb 18 — Feb 22, 2019)

Sat, 16 Feb 2019 9:47

EUR/USD

Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1128 1.1181 1.1236 1.1288 1.1343 1.1396 1.1451

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1182 1.1237 1.1289 1.1344
...

EUR/USD Bounces After Mixed US Data

Fri, 15 Feb 2019 21:34

EUR/USD was heading lower at the beginning of the Friday's trading session but has bounced later and is now trading near the opening level. Data in the United States was mixed, but it looks like traders paid more attention to bad parts as the currency were moving higher after almost every...

EUR/USD Jumps After US Retail Sales Drop Most in 9 Years

Thu, 14 Feb 2019 15:48

EUR/USD jumped sharply after US retail sales demonstrated the biggest decline in more than 9 years. While the currency pair has backed off from the daily highs by now, it is still trading firmly above the opening level. Earlier, the EUR/USD advanced after eurozone GDP came out...

Forex News

US Dollar Gains on Major Rivals, Retreats vs. Commodity Currencies

US Dollar Gains on Major Rivals, Retreats vs. Commodity Currencies

Sat, 16 Feb 2019 18:40

The US dollar gained on most major currencies during the past trading week but fell against commodity currencies. The reason for that was optimism about Sino-US trade talks, which led to risk appetite on markets.

Pound Rallies on Upbeat UK Retail Sales as May Loses Indicative Vote

Pound Rallies on Upbeat UK Retail Sales as May Loses Indicative Vote

Fri, 15 Feb 2019 13:04

The British pound today rallied higher against the US dollar from the early European session following the release of upbeat UK retail sales data for January. The GBP/USD currency pair was trading in a see-saw fashion during the Asian session as investors remained indecisive regarding the Sterling.

NZ Dollar Defies Negative Fundamentals, Bouncing After Decline

NZ Dollar Defies Negative Fundamentals, Bouncing After Decline

Fri, 15 Feb 2019 11:52

The New Zealand dollar rallied today after falling earlier. Surprisingly, the rally started after the release of disappointing macroeconomic reports in China — New Zealand's biggest trading partner. Domestic macroeconomic data, which was not that great as well, had smaller impact on the currency.

Commodity Blog

Commodities Technical Analysis, February 18th — February 22nd

Sun, 17 Feb 2019 10:12

The technical analysis, that includes the indicators’ data and major pivot points for WTI Oil, Gold, Silver, Copper, and Natural Gas in continous charts as of February 17th,...

Gold Stabilizes After Dollar Falls on Dismal US Retail Sales

Thu, 14 Feb 2019 17:33

Gold stabilized today after falling earlier. The precious metal reduced its losses after extremely poor US retail sales drove the dollar down...

Natural Gas Rallies As Supply Drop Meets Market Estimates

Thu, 14 Feb 2019 16:51

Natural gas futures are rising towards the end of the trading week after the US government reported a decline in domestic inventories that matched market expectations....

Forex Video Zone

Bitcoin Forecast — February 15th 2019

Fri, 15 Feb 2019 14:48

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the February 15th session. Bitcoin/USD — This market saw nothing much in the way of action on Thursday session. The volume has been very low. Recently, the market saw a 1.8% gain. However, the market is contained by this downtrend line. Also, the 50-day EMA and the 200-day EMA are offering resistance. So, rallies that show signs of exhaustion...

EUR/USD and GBP/USD Forecast — February 15th 2019

Fri, 15 Feb 2019 14:37

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the February 15th session. EUR/USD — The pair rose up and rallied on Thursday session. The price is hovering around the 1.13 level. Breaking the recent highs is seen as a bullish sign and the 1.14 level is the target to the upside. Breaking below the bottom of the consolidation zone, then the 1.12 level could be supportive. The market looks set to go further to the upside....

Gold Forecast — February 15th 2019

Fri, 15 Feb 2019 14:30

In this video, the Trader Guy looks at the commodity, gold for the February 15th session. Gold/USD — The Thursday session saw the market to pull back initially, but then found support at the 20-day EMA. The macroeconomics data and the dovish Fed are not helping the greenback at the moment. That can cause the gold markets to rise further up. The 1,325 level now looks like resistance. The market is in the process of building...