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

  • Ebrahem from Egypt writes about Grand Capital:

    They don't pay , my withdrawal request is pending for along time , and support doesn't answer my emails

  • Patrick from South Africa writes about AMarkets:

    Upon my registration with Amarkets I received $30 bonus of which I managed to build to $450 in few days. I even withdrew $350 with no hassle through their visa/master card method.I just want to thank Amarkets for their great services,may they keep...

  • Sebastian from France writes about Orbex:

    I have to thank Orbex for the excellent experience from the last year. They provide good conditions and quickly process withdrawals. In addition, their spreads and licenses are additional reasons that make me calm down with them.

  • Kumara from India writes about FreshForex:

    An awesome broker to trade with. Utilizing their bonus offer means more profitability to our accounts since the bonus itself can hold our drawdown. You can also trade other instruments like cryptocurrency there or even deposit with cryptocurrency...

Forex Blog

CAD/CHF Consolidated in Symmetrical Triangle After Rally

Sun, 11 Nov 2018 16:37

The Canadian dollar has formed a symmetrical triangle pattern versus the Swiss franc, which is especially visible on daily timeframe. The pattern follows an upswing and suggests a continuation of the bullish trend in case of a topside breakout. The borders of the triangle are marked with the yellow lines on the image below. My potential entry level is...

Forex Brokers Update — November 12th, 2018

Sun, 11 Nov 2018 9:51

No new brokers have become listed on our website during this week. Some have been updated: ForexChief is now registered in Vanuatu. Accepts deposits via Bitcoin, FasaPay, and UnionPay. Added many new cryptocurrency pairs for trading. They now accept US traders and offer trading contests....

Weekly Forex Technical Analysis (Nov 12 — Nov 16)

Sat, 10 Nov 2018 9:52


Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1083 1.1199 1.1267 1.1383 1.1451 1.1567 1.1634

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1187 1.1242 1.1371 1.1426

Forex News

Canadian Dollar Struggles to Find Direction Amid Crashing Crude Prices

Canadian Dollar Struggles to Find Direction Amid Crashing Crude Prices

Tue, 13 Nov 2018 19:27

The Canadian dollar is trading relatively sideways on Tuesday as the price of crude oil crashes. The loonie, which slipped to a four-month low early in the trading day, is attempting to snap its four-session losing streak. Without any major Canadian events, investors may not have an appetite for the currency.

Euro Rallies Higher on Positive Sentiment Amid Italy’s Defiance

Euro Rallies Higher on Positive Sentiment Amid Italy’s Defiance

Tue, 13 Nov 2018 14:51

The euro today rallied higher against the US dollar driven by positive market sentiment backed by investors' expectations of a future US-China trade deal. However, the single currency's rally was significantly hampered by the ongoing standoff between the EU and Italy regarding its 2019 budget plans.

Pound Rallies on Brexit Hopes, Declines on Mixed UK Jobs Data

Pound Rallies on Brexit Hopes, Declines on Mixed UK Jobs Data

Tue, 13 Nov 2018 10:59

The British pound today rallied higher and recovered from a 3-day losing streak as investors hoped for a breakthrough in Brexit negotiations. However, the lack of any tangible progress in the Brexit proceedings and the mixed UK jobs report released today stalled the cable's rally.

Commodity Blog

Copper Rebounds As Investors Wait for Chinese Data, Sliding Dollar

Tue, 13 Nov 2018 17:38

Copper futures are rebounding on Tuesday after declining to kick off the trading week. The industrial is benefiting from the wait-and-see approach by investors pertaining...

Bitcoin Continues to Languish Below $6,500

Mon, 12 Nov 2018 19:13

One of the most anticipated events for 2018 in the crypto community is the decision on the Bitcoin exchange-traded fund...

Gold Hovers Around $1,200 As Dollars Surges to 17-Month High

Mon, 12 Nov 2018 18:26

Gold futures are hovering just above the crucial $1,200 mark. Despite the massive selloff in US equities, the yellow metal is sliding on a soaring greenback,...

Forex Video Zone

Recap of European Trades — November 13th 2018: EUR/USD and GBP/USD

Tue, 13 Nov 2018 16:55

The greenback found support during the European session. The EUR/UD pair is trading at 1.1250. The budget situation in Italy is having a negative sentiment on the euro. Also, the report released from the ZEW institute showed a negative reading for the eurozone. The macroeconmic data from the United Kingdom do not look positive for the pound. The GBP/USD pair is trading at 1.2950. The pair is influenced by all the uncertainties regarding the Brexit situation in the UK. Hence, traders...

Daily Market Roundup — November 13th 2018

Tue, 13 Nov 2018 16:52

The greenback and the yen are showing less demand. The Aussie is showing bullish sentiment. The EUR/USD pair is facing resistance at 1.1250. The resistance levels are 1.1250, 1.1306, and 1.1354. The support levels are 1.1150, 1.1030, and 1.0990. The USD/JPY pair is showing a bullish sentiment at the moment. The resistance levels are 114.18, 114.74, and 115.97. The support levels are 113.56, 113.06, and 112.57. The GBP/USD pair also looks bullish and support exists...

Simple Trend Following Strategy

Mon, 12 Nov 2018 16:57

In this video, you will learn a forex trading strategy, to identify and to trade in the direction of that trend. The trend is your friend. To identify the trend is the key to success in the long-term. The trend trading setups give you great risk to reward ratio. So, what is an uptrend. You need to identify higher highs and higher lows. You can also draw a trendline to see it more clearly. For a downtrend,...