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

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Forex Blog

US & Eurozone Data Poor; EUR/USD Dips, Attempts to Rebound Later

Thu, 23 May 2019 14:37

EUR/USD dipped intraday as macroeconomic indicators in the eurozone were disappointing for the large part, with data from France was the only one providing positive surprises. The currency pair is attempting to rebound as US data was not good as well, but so far the EUR/USD still trades below the opening level....

EUR/USD Fails to Keep Intraday Gains, Retreats Below Opening

Wed, 22 May 2019 21:47

Trading was somewhat directionless during the Thursday's trading session. Moves of EUR/USD reflected that as the pair was moving higher intraday but then reversed its direction and went below the opening level. The EUR/USD pair continued to move lower after the release of FOMC minutes, which suggested that the FOMC...

Forex Brokers Update — May 19th, 2019

Sun, 19 May 2019 9:41

It was one more week without new additions of broker listings to our website. The updates included: RoboForex removed Fix-Cent account type. Modified Pro-Cent account type for slightly higher spreads and increased a minimum account size there from $1 to $10. The number of currency pairs available for trading has...

Forex News

AUD/USD at the Important 0.6858 Historical Level

AUD/USD at the Important 0.6858 Historical Level

Fri, 24 May 2019 8:18

The Australian dollar versus the US dollar currency pair consolidates just above the major support represented by 0.6858. So, what will happen here decides the fate of the pair for quite some while from now on.

Yen Strong as Trade Wars Continue to Hurt Market Sentiment

Yen Strong as Trade Wars Continue to Hurt Market Sentiment

Thu, 23 May 2019 19:10

The Japanese yen climbed against most major currencies today as the trade war between the United States and China continued to cause risk aversion on markets. Japan's macroeconomic data was disappointing, but as it often happens, the currency paid little attention to domestic economic reports.

Canadian Dollar Weakens as US-China Trade War Overshadows Upbeat Data

Canadian Dollar Weakens as US-China Trade War Overshadows Upbeat Data

Thu, 23 May 2019 18:23

The Canadian dollar is weakening against several major currency rivals as investor fears over the escalation in the US-China trade war overshadowed upbeat economic data. Despite the disappointing performance midway through the second quarter, the loonie is still in positive territory on the year.

Commodity Blog

Metal Markets Act Confusingly amid Risk Aversion

Thu, 23 May 2019 19:39

Markets were in the risk-off mode today, and the metal market reacted confusingly to that. It is easy to understand why gold and silver rallied, being...

Natural Gas Rises Despite Increase in US Supplies

Thu, 23 May 2019 16:20

Natural gas futures are rising on Thursday after the US government reported an increase in domestic stockpiles. The weekly gain was as the market had anticipated. Contracts...

US Crude Crashes As Data Reveals Unexpected Surge in Supplies

Wed, 22 May 2019 16:59

Crude oil futures are crashing midweek after the US government reported an unexpected increase in domestic inventories. US crude prices are further sliding ...

Forex Video Zone

EUR/USD and GBP/USD Forecast — May 23rd 2019

Thu, 23 May 2019 14:06

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the May 23rd session. EUR/USD — The trading session was quiet on Wednesday. The market is hovering around the 1.1150 level. The market is range bound at the moment with 1.12 as top and 1.11 as bottom. When the market approaches the top, you can short rallies that show signs of exhaustion. When the market reaches the bottom, you can...

Bitcoin Forecast — May 23rd 2019

Thu, 23 May 2019 14:04

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the May 23rd session. Bitcoin/USD — The market tried to pullback on Wednesday session as it is pressing for resistance at 8,000. So, you can buy pullbacks that show signs of a supportive candle. To the downside, the 7,000 level looks supportive. As long as the 6,000 level holds, this market is bullish in the short-term. To the upside, the 10,000 level is seen as target....

Gold Forecast — May 23rd 2019

Thu, 23 May 2019 14:03

In this video, the Trader Guy looks at the commodity, gold for the May 23rd session. Gold/USD — The market tried to rally a bit on Wednesday session, but not so successful at the end of the day. The market is hovering around the 200-day EMA. The 1,275 level below looks supportive. A break below, the market could reach down towards the 1,200 level. Both this downtrend line and the 200-day EMA are offering...