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

  • Michael from Netherlands writes about TriumphFX:

    Nice broker with fast withdrawals. Did not face any problems, client area is very useful and suitable. Technical support is helpful. Also they plan to add cryptocurrecies for trading. So I can recommend this company for trading.

  • Justas Petronis from Lithuania writes about Admiral Markets:

    I love Admiral Markets' smart FAQ and Trader's Glossary - I can learn about trading and everything involved with it through doing and refer back to the FAQ and glossary if I come across anything I don' understand. Super!

  • Elvar from Iceland writes about GAINSY:

    I might say that this company is quite flexible in its services. Having two trading accounts, I ordered two different non-withdrawable bonuses for my different strategies. I shall mention that they provide stronger-than-average services, completely f...

  • Sebastian Puedecke from Germany writes about Land-FX:

    Was hooked by their leverage and price feed on crypto, not many brokers that both give bonuses and offer crypto atm. Advise to everyone, and make sure to ask for a bonus on depo.

Forex Blog

EUR/USD Falls for Second Day, Ignores US Data

Tue, 26 Sep 2017 14:49

EUR/USD fell today, declining for the second day, as the inconclusive outcome of the German federal election overshadowed falling US consumer confidence and home sales. S&P/Case-Shiller home price index rose 5.8% in July, year-on-year, compared to the forecast of 5.7% and the previous month's increase if 5.6%. Month-over-month, the index...

Are You Disappointed in Forex?

Mon, 25 Sep 2017 15:26

Forex can be rather addictive. It can also look like a miracle to many beginning traders due to its features: accessibility, high leverage, huge daily volume, large spectrum of trading instruments. However, sooner or later all traders reach a certain level of disappointment in the whole thing. In reality, disappointment...

Weekly Forex Technical Analysis (Sep 25 — Sep 29)

Sat, 23 Sep 2017 9:14


Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1689 1.1775 1.1861 1.1947 1.2033 1.2119 1.2205

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1775 1.1861 1.1947 1.2032

Forex News

Canadian Dollar Declines Against US Dollar on Weak Oil Prices

Canadian Dollar Declines Against US Dollar on Weak Oil Prices

Tue, 26 Sep 2017 16:06

The USD/CAD currency pair today hit new three-week highs as the US dollar rallied against its Canadian counterpart even as global oil prices retreated from 5-month tops. The US dollar rallied into the American session disregarding the release of disappointing new home sales data and weak consumer confidence data.

NZ Dollar Under Pressure from Election Outcome, Poor Data

NZ Dollar Under Pressure from Election Outcome, Poor Data

Tue, 26 Sep 2017 12:52

The New Zealand dollar fell for the second consecutive day today, driven down by the outcome of the weekend general election as well as today's macroeconomic data that was extremely poor.

Euro Falls for Second Day After German Election

Euro Falls for Second Day After German Election

Tue, 26 Sep 2017 12:38

The euro fell today, retreating for the second day in a row, as the inconclusive of the German federal election over the weekend led to political uncertainty in Europe.

Commodity Blog

Bitcoin Inching Toward $4,000 Despite the Previous $600 Price Drop, Trading Volume Increasing

Mon, 25 Sep 2017 18:53

Since last week’s monstrous dip, bitcoin has been trying to breakout above $4,000, but ample sideways trading, has kept extreme ...

Gold Tops $1,300 Again as US-North Korean Tensions Heighten

Mon, 25 Sep 2017 16:38

Gold futures have topped $1,300 once again as US-North Korean tensions continue to worsen. Both sides have engaged in fierce rhetoric over...

Commodities Technical Analysis, September 25th — September 29th

Sun, 24 Sep 2017 9:30

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 September 24th, 2017:...

Forex Video Zone

EUR/USD and GBP/USD Forecast — September 26th 2017

Tue, 26 Sep 2017 15:19

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the September 26th session. EUR/USD — As you can see that we have gapped lower and then turned around to rally and fill that gap, and only to fall again. So, it looks to me that we are going to continue to find selling pressure, which is a negative sign. We are sitting right on support though. If...

Daily Forex News and Analysis — September 26th 2017

Tue, 26 Sep 2017 14:52

Wall Street finished down on Monday, as losses in the Technology, Healthcare, and Industrials led shares lower. The Dow Jones fell by 0.24%, the S&P 500 fell by 0.22%, and the NASDAQ lost 0.88% from its value. The US dollar traded higher against the other major currencies, benefitting from a slump in the euro in the wake of elections in Germany, which saw support for German Chancellor Angela Merkel's Conservative Alliance slump to its lowest since...

Brent Jumps Above 2-Year High

Tue, 26 Sep 2017 14:49

Oil prices settled sharply higher on Monday, lifting Brent Crude Oil to a more than 2-year high and West Texas Intermediate marking the highest level in about 5 months. The benchmark grade from the North Sea jumped above $59 a barrel. Later, Brent Crude Oil made a downward correction to trade at nearly $58.80. Oil traders are inspired by the news about the successful implementation of the production cut agreement between OPEC...