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

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

EUR/USD

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
...

EUR/USD Drifts Closer to Opening After Strong Start of Session

Fri, 22 Sep 2017 16:47

EUR/USD rallied during the first half of the current trading session but has drifted down closer to the opening level by now. The dollar was under pressure from growing tensions between the United States and North Korea. Meanwhile, the euro was getting support from the fact that all Purchasing Managers' Indices...

Forex News

Euro Fails to Profit from Positive PMI Readings

Euro Fails to Profit from Positive PMI Readings

Fri, 22 Sep 2017 21:18

The euro failed to garner support from the very positive macroeconomic reports released today. The currency attempted to rally intraday, but failed to do so, and is now trading near or below the opening level against most of its rivals.

US Dollar Weakens on Lingering Geopolitical Risks and Lackluster Data

US Dollar Weakens on Lingering Geopolitical Risks and Lackluster Data

Fri, 22 Sep 2017 16:06

The US dollar moved lower against the euro and the Japanese yen on Friday after an exchange of threats continued between the United States and North Korea. Today’s economic releases provided the greenback little support as the US manufacturing activity edged marginally higher while activity within the services sector dropped.

Canadian Dollar Weakens Against US Dollar on CPI and Retail Sales Data

Canadian Dollar Weakens Against US Dollar on CPI and Retail Sales Data

Fri, 22 Sep 2017 14:35

The Canadian dollar today weakened against the US dollar after the release of weak Canadian CPI and retail sales data by Statistics Canada. Other releases from the US docket such as the Markit US Manufacturing PMI also served to boost the US dollar against its Canadian counterpart.

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

Daily Forex News and Analysis — September 30th 2017

Tue, 26 Sep 2017 12:00

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 1949....

WTI Crude Oil and Natural Gas Forecast — September 25th 2017

Mon, 25 Sep 2017 14:23

In this video, the Trader Guy looks at commodities Crude Oil and Natural Gas for the September 22nd session. WTI Crude Oil — As you can see, we initially pulled back during the day, but found enough support to turn around and form a hammer. The $50 level offers support and that suggests we are going to go higher. I don't have any interest in shorting this market until...

Trends in Energy: Drilling Efficiency and Increasing U.S. Oil and Natural Gas Production

Mon, 25 Sep 2017 14:04

The amount of oil and natural gas produced in the United States has risen in recent years. One reason for these increases is that horizontal drilling and hydraulic fracturing technologies used to obtain oil and natural gas are becoming more precise and more efficient. Because of this improved technology, individual drilling rigs in shale regions across the country are becoming more productive. This means the amount of oil and natural gas produced...