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

  • Din writes about TenkoFX:

    I've been trading with this broker for several months. I can't say anything bad about them, they do their job well. The trading conditions are quite good, plus, they don't mess with my trading. Profit withdrawal is by the book.

  • Karl Stromso from Spain writes about Admiral Markets:

    It's cool Admiral Markets has webinars available on a daily basis. Whenever I have free time, I'm on it!

  • Alexander Brinem from Belgium writes about Land-FX:

    Given the recent volatility and general rolla-coster, I am very impressed with Land-FX for it's robbust trading system and no hiccups in execution. For new traders. always ask for welcoem bonus on deposit!

  • Paul from europe writes about Turnkey Forex:

    Just a usual broker, nothing special. The main why I get bad impression is that too long execution if compare with other many brokers. Half of order opens go with slippage and pendings orders are constantly closed with gap. Spreads are good by them, ...

Forex Blog

EUR/USD Jumps After FOMC, Core CPI Miss

Thu, 14 Dec 2017 3:01

EUR/USD rallied on Wednesday and remained elevated on Thursday due to news from the United States. Headline US inflation was within expectations, but the core figure missed forecasts. The Federal Open Market Committee hiked the benchmark interest rate as was expected, but there were two dissenters. And markets doubt...

EUR/USD Drops as Traders Wait for FOMC, PPI Shows Stable Growth

Tue, 12 Dec 2017 20:46

EUR/USD dropped today as US producer inflation remained stable. Now, traders focus on the meeting of the Federal Open Market Committee. The FOMC started the two-day gathering today and will announce its decision tomorrow. It is widely expected that the Committee will raise interest rates further....

GBP/CAD Reverses to Form Double Bottom on Weekly

Sun, 10 Dec 2017 15:55

Following a failed descending triangle formation, the pound is now clearly trying to reverse its long-term trend versus the Canadian dollar. The impending switch to an uptrend is signaled by the double bottom pattern on the weekly timeframe. You can see the bottoms and the neckline marked by the yellow lines on the chart below. The cyan...

Forex News

USD/CAD Struggles to Rally Higher Despite Positive US Data

USD/CAD Struggles to Rally Higher Despite Positive US Data

Thu, 14 Dec 2017 15:05

The USD/CAD currency pair today retraced some of its earlier gains despite the release of positive US advance retail sales data. The currency pair remained in a slight uptrend boosted by a sharp decline in global crude oil prices as tracked by the West Texas Intermediate.

Pound Rallies on UK Retail Sales and Declines on BoE Decision

Pound Rallies on UK Retail Sales and Declines on BoE Decision

Thu, 14 Dec 2017 13:22

The British pound today rallied higher against the US dollar after the release of upbeat UK retail sales data for the month of November. The pound declined significantly from its daily highs after the Bank of England kept interest rates at their current levels as was expected.

Euro Maintains Gains Against US Dollar as Manufacturing Activity Grows in December

Euro Maintains Gains Against US Dollar as Manufacturing Activity Grows in December

Thu, 14 Dec 2017 12:11

The euro maintained its gains against the US dollar on Thursday following a series of data releases that revealed strong activity in the manufacturing sector throughout the European Union.

Commodity Blog

Oil Prices Drop Despite Decline in US Crude Stockpiles, Lower OPEC Production

Wed, 13 Dec 2017 16:57

Oil futures are trading lower midweek, despite a new US government report showing a decline in US crude stockpiles and Organization of Petroleum Exporting ...

Copper Hovers Just Above $3, Chile Garners Attention from Investors

Tue, 12 Dec 2017 17:36

Copper prices are flat as they are trading just above the crucial $3 threshold. This comes as investors are beginning to comb through reports...

Gold Prices Flat Ahead of Key Federal Reserve Policy Meeting

Mon, 11 Dec 2017 17:21

Gold futures are trading relatively flat to start the trading week as investors prepare for Wednesday’s key Federal Reserve policy meeting. Any losses for the precious...

Forex Video Zone

Stochastic Oscillator Settings & Trading Strategy in Forex

Thu, 14 Dec 2017 16:19

The Stochastic oscillator is a technical analysis tool. It is used to measure the closing price in comparison to the price range over a given period of time. Traders are using it as a momentum indicator to determine the best time to buy or to sell a financial instrument. The working theory is that, as the price high increases, it will tend to close at its highest point of a given period of time. Conversely, as the price declines, its close price...

How to Earn Money from Forex Trading

Thu, 14 Dec 2017 15:39

How do you make money trading money? Making money in the foreign exchange market is a speculative process. You are betting that the value of one currenchy will increase relative to the another. Currencies are traded and priced in pairs. Consider an EUR/USD exchange rate of 1.2131. The base currency is the euro and the US dollar is the quote currency, in which 1 unit of euro equals 1.2131 US dollars. In this example,...

Oil Prices Falling amid IEA Forecasts

Thu, 14 Dec 2017 15:06

Sentiment in the oil market is rather pessimistic and crude prices are heading towards weekly lows. The Brent Crude Benchmark fell by almost 2% falling to $62.16 per barrel. The report delivered by the Energy Information Administration disappointed oil traders. While US Crude Oil stockpiles decreased by 5 million 117 thousand barrels, the US gasoline inventories advanced by 5 million 664 thousand barrels, which points to hydrocarbon oversupply...