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

  • Ludwick from Turkey writes about AccentForex:

    Each broker has its pros and cons. But for me the main thing is earnings and output. Because trade is my main earnings. In terms of output the accent is good. I always withdraw money for a max of two days. At the moment I see the company is changing....

  • dyna park from Belgium writes about Coinexx:

    Just started using them. Its going good so far. Opened my live account, was able to transfer BTC instantly to my ac. The process was smooth.. so decided to test the withdrawal. I made a quick withdrawal as soon as I made sum bucks to test and yaa it...

  • Jack from Toulouse writes about IFC Markets:

    Perhaps IFC is the best broker I have worked with. It is not easy to find a negative feature of the company. A wide choice of instruments, good platforms to choose from and decent conditions – that is all you need for trading.

  • A.Levine from Munich writes about Trade Fintech:

    Excellent service, withdrawal was easy, trading was great, no errors with server, 5*

Forex Blog

Weekly Forex Technical Analysis (Aug 13 — Aug 17)

Sat, 11 Aug 2018 9:51

EUR/USD

Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1083 1.1236 1.1323 1.1476 1.1563 1.1716 1.1803

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1219 1.1291 1.1459 1.1531
...

US Sanctions on Turkey Drive EUR/USD Down

Fri, 10 Aug 2018 18:27

EUR/USD dropped to the lowest level in a year today on concerns that the negative impact of US sanctions against Turkey can spill over to the European banking system, which has strong exposure to Turkish assets. Positive US inflation data also weighed on the currency pair. US CPI rose 0.2% in July...

EUR/USD Falls Despite US PPI Missing Forecasts

Thu, 9 Aug 2018 14:53

EUR/USD declined today even as US producer inflation missed expectations. Consumer inflation data will be released tomorrow, and if it fails to meet expectations as well, that would bode ill for the US currency. PPI showed no change in July, whereas experts had predicted an increase by 0.2%. The index...

Forex News

US Dollar Holds Ground Despite Improving Market Sentiment

US Dollar Holds Ground Despite Improving Market Sentiment

Tue, 14 Aug 2018 19:29

In general, safer currencies found little demand today as markets were recovering from the shock caused by the Turkish financial crisis. But the US dollar avoided losses for the most part, rising to the highest level in more than a year against the basket of major currencies.

Japanese Yen Soft As Turkish Fears Ease

Japanese Yen Soft As Turkish Fears Ease

Tue, 14 Aug 2018 18:00

The Japanese yen was soft today as markets calmed after fears of the Turkish financial crisis eased. With that said, the currency trimmed losses against some of its rivals and erased them against the euro completely.

Canadian Dollar Strengthens on Booming Real Estate, Higher Energy Prices

Canadian Dollar Strengthens on Booming Real Estate, Higher Energy Prices

Tue, 14 Aug 2018 15:00

The Canadian dollar strengthened on Tuesday thanks to positive real estate market numbers and higher energy prices. The loonie also bounced back against its US counterpart on the threat of an economic collapse in Turkey that could seep into other emerging markets.

Commodity Blog

Clashing Fundamentals Keep Crude Oil from Rebounding

Tue, 14 Aug 2018 18:54

Futures for crude oil traded almost flat today amid clashing fundamentals, though just recently they have went down. On the positive side, the market...

Copper Slides 1% on Disappointing Chinese Economic Data

Tue, 14 Aug 2018 14:04

Copper futures are sliding more than 1% on Tuesday after disappointing Chinese economic data suggested that demand for the industrial metal will decline....

Crude Oil Declines amid Turkish Crisis Concerns, Other Negative Fundamentals

Mon, 13 Aug 2018 18:05

Futures for crude oil attempted to hold ground today but failed and are now trading far below the opening levels. The reason for that was concerns...

Forex Video Zone

Bitcoin Forecast — August 14th 2018

Tue, 14 Aug 2018 18:00

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the August 14th session. Bitcoin/USD — We are down about 3.8%. When you zoom out, you can see that this is a market that just continues to make fresh new lows. We have not quite done that yet. But once we get below 6,000, things could get rather ugly....

USD Set to Extend Gains

Tue, 14 Aug 2018 17:59

In early deals on the New York Stock Exchange, quotes were trading lower but they were set to increase gains. The Dow Jones rebounded from the local low at 25,200. Besides, the S&P 500 futures added almost 0.38%, while the NASDAQ Composite held steady at 7,830 points. So far, there have been no new developments in relations between the Uinted States and Turkey. Donald Trump decided to impose additional...

EUR and GBP Likely to Trade Lower for Long

Tue, 14 Aug 2018 16:54

In the European session, the US dollar is still trading at a 13-month high against the basket of major currencies. The EUR/USD pair is consolidating at around 1.14. Traders are in no hurry to buy the single European currency even despite upbeat macroeconomic data from the Eurozone. According to the preliminary data from Eurostat, the Eurozone''s GDP eased less than estimated to 2.2% in the second quarter on a yearly basis from 2.5% growth a quarter...