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

  • Navs from Europe writes about AMarkets:

    Perfect for me. After several months of trading at Amarkets, I have to share my impressions of this broker. The most pleasant thing is the conditions for investing. The absence of a minimum deposit is very important for new traders who just want to...

  • Eckhard Hubschdecke from Germany writes about Land-FX:

    It's been over a year that I have been trading with Land-fx. There were many ups and downs (related to my trading performance) during this and I've always found them helpful me with their upbeat services.

  • Andrew from Zurich writes about Markets Cube:

    I am not so familiar with forex trading, by another word - newbie. That's why I've chosen Markets Cube - there are a large number of educational materials, which help to quickly understand everything about forex trading. Also very helpful was the sup...

  • Peter Gregson from UK writes about StoxMarket:

    Opened a small account no contact fro them, so started losing a little so decided to close account been trying for 5 weeks to get monies refunded with little effect, they are not good in my opinin to deal with

Forex Blog

Weekly Forex Technical Analysis (Feb 19 — Feb 23)

Sat, 17 Feb 2018 10:13

EUR/USD

Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1925 1.2080 1.2245 1.2400 1.2566 1.2721 1.2886

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.2082 1.2250 1.2403 1.2571
...

EUR/USD Retreats from Three-Year High

Fri, 16 Feb 2018 15:47

EUR/USD retreated from the highest level in three years. While positive US macroeconomic data released over the Friday's session added to the downside momentum of the currency pair, most analysts believed that the reason for today's decline was profit-taking ahead of Monday's holiday in the United States. That means that the decline is...

EUR/USD Extends Rally, Finds No Obstacles from Mixed US Data

Thu, 15 Feb 2018 23:53

EUR/USD extended its rally today after reversing losses caused by the US CPI yesterday. Today's mixed economic reports in the United States gave the currency pair few reasons to stop its upward movement. PPI rose 0.4% in January, matching expectations, after falling 0.1% in December. (Event A on the chart.) NY ...

Forex News

Pound Declines on Weak UK Retail Sales and US Housing Data

Pound Declines on Weak UK Retail Sales and US Housing Data

Fri, 16 Feb 2018 14:41

The British pound today declined against the US dollar following the release of weak UK retail sales data for January. The pound further weakened against the greenback after the release of better than expected US housing data in the early American session.

Australian Dollar Gains Despite RBA Governor Keeping Neutral Stance

Australian Dollar Gains Despite RBA Governor Keeping Neutral Stance

Fri, 16 Feb 2018 11:43

The Australian dollar gained on its most-traded peers today even after Philip Lowe, Reserve Bank of Australia Governor, signaled that he sees no reason for hiking interest rates in the near future.

NZ Dollar Halts Rally After Manufacturing Data, Resumes Rise Later

NZ Dollar Halts Rally After Manufacturing Data, Resumes Rise Later

Fri, 16 Feb 2018 11:23

The New Zealand dollar started a rally by the end of the previous trading session and extended it today. While the kiwi had halted the advance after the release of the manufacturing data, the currency has resumed its upward movement afterwards.

Commodity Blog

Commodities Technical Analysis, February 19th — February 23rd

Sun, 18 Feb 2018 10:26

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 February 18th, 2018:...

Gold Poised for Best Week Since 2016 amid Inflation Fears

Fri, 16 Feb 2018 15:56

Gold is on track for its best weekly performance in about two years as the market is having jitters about rising inflation. Despite a strengthening US...

Natural Gas Tumbles Despite Larger-Than-Expected Drop in Stocks

Thu, 15 Feb 2018 17:54

Natural gas futures initially traded higher following a new US government report, but they have since pared those gains. Natural gas...

Forex Video Zone

Average True Range — MetaTrader Terminal

Fri, 16 Feb 2018 15:26

This video is dedicated to the average true range indicator in the MetaTrader platform. To apply this indicator on your chart, press the indicators button on the toolbar, choose oscillators, average true range. Subsequently, the properties window appears, where we can modify the settings. This is an indicator of market volatility. It was introduced by Welles Wilder in his book — New Concepts in Technical Trading Systems. Since that time,...

Bitcoin Forecast — February 16th 2018

Fri, 16 Feb 2018 14:54

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the February 16th session. Bitcoin/USD — As you can see, we have broken above 10,000, and that is a pretty significant move. We are at 10,039 as I record this.. That is a good sign. There is a lot of noise here though. So, if we can clear 11,000, I think that will unleash quite a bit of bullish...

EUR and GBP Gain Ground Against USD

Fri, 16 Feb 2018 14:51

This trading week was rather hard for the greenback. The US dollar index has hit the 3-year low, plunging by 2.2%. Meanwhile, its opponents are moving with the bullish bias. During the European trading session, the EUR/USD pair came close to the level of 1.2550. After that, the quotes corrected movement and retreated below 1.25. The same situation is seen on the chart of the GBP/USD pair. Breaking the level of 1.41, the cable declined to 1.4070....