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

  • 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.

  • Julian Barbosa from Brazil writes about Trade12:

    When I first started my account with Trade12, I was impressed by how the broker assist their clients through signals and recommendations. I can testify that their signals are definitely reliable, but the broker requires a certain deposit before he wo...

Forex Blog

EUR/USD Resumes Rally Started Yesterday

Tue, 19 Sep 2017 13:46

EUR/USD has started a rally during yesterday's American trading session, which continued into the early hours of today's European session. The currency pair retreated a bit afterwards, but it looks like EUR/USD is going to resume the rally. Housing starts were at the seasonally adjusted annual rate of 1.18 million...

Forex Candlestick Patterns Cheat Sheet

Mon, 18 Sep 2017 15:40

The topic of the Japanese candlestick patterns in currency trading is rather controversial because not all of them apply to the spot foreign exchange market. With almost no gaps between the candles and no definite daily close/open levels, the traditional candlestick patterns are somewhat less applicable in Forex. The cheat sheet...

Forex Brokers Update — September 17th, 2017

Sun, 17 Sep 2017 8:17

One new broker has been added to the list on during the ending week: IQ Option — previously known for its binary options offers, this CySEC-regulated broker now provides trading services in Forex and CFD using its custom proprietary platform. $10 minimum account size is combined...

Forex News

US Dollar Declines Despite Strong Housing Numbers

US Dollar Declines Despite Strong Housing Numbers

Tue, 19 Sep 2017 16:00

The US dollar weakened against a basket of its major peers on Tuesday, as traders anticipated a monetary policy decision from the Federal Reserve that will be released on Wednesday. The greenback failed to harness enough strength from solid gains in the real estate market, as the spotlight remained on possible hints of future interest rates tomorrow.

Drop of Consumer Confidence Doesn't Affect New Zealand Dollar

Drop of Consumer Confidence Doesn't Affect New Zealand Dollar

Tue, 19 Sep 2017 13:08

The New Zealand rose today, joining its Australian counterpart in a rally, even though the New Zealand consumer confidence dropped this month.

Drop of Aussie After RBA Minutes Doesn't Last Long

Drop of Aussie After RBA Minutes Doesn't Last Long

Tue, 19 Sep 2017 12:13

The Australian dollar fell today after the Reserve Bank of Australia released minutes of its latest policy meeting. The fall was very brief, though, and the Aussie has recovered against its major rivals by now. Positive housing data likely helped the currency to some degree.

Commodity Blog

Copper Trades Under $3 as Metal Stocks Initiate Roller Coaster

Tue, 19 Sep 2017 16:59

Copper futures are trading under $3 as the industrial metal has now petered out. The next big discussion for the red metal will be London ...

Gold Tumbles Back down Close to $1,300 as Equities Surge

Mon, 18 Sep 2017 16:54

Gold futures are slipping to kick off the trading week as the equity market is surging. The yellow metal has fallen to a two-week low and has...

Bitcoin Towering Over $3,700, Countless ICOs and Bitcoin's Fleeting Dominance

Sun, 17 Sep 2017 22:42

Bitcoin has been limited to a fixed trading range in the past 24 hours, with yesterday’s $3,869.49 daily high serving as the first resistance level,...

Forex Video Zone

WTI Crude Oil and Natural Gas Forecast — September 19th 2017

Tue, 19 Sep 2017 10:28

In this video, the Trader Guy looks at commodities Crude Oil and Natural Gas for the September 19th session. WTI Crude Oil — As you can see that the $50 level continues to be a massive barrier above. Given enough time, if we can break above and clear the $51 level, I think we can go higher. Alternatively, if we can break down below the lows of the session, basically $49,...

USD/JPY and AUD/USD Forecast — September 19th 2017

Tue, 19 Sep 2017 10:16

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the September 19th session. USD/JPY — We gapped higher on Monday and we have cleared this barrier at 111.00 pretty significantly. I think we go as high as 114.50 given enough time. Pullbacks will happen from time to time, but as long as the risk-on trade is still there, we should go higher. AUD/USD — The Aussie initially...

EUR/USD and GBP/USD Forecast — September 19th 2017

Tue, 19 Sep 2017 10:12

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the September 19th session. EUR/USD —; As you can see, we had a slightly positive session on Monday. As we rolled over into Tuesday, we are still struggling with the 1.20 level and that might be the case until we hear from the Fed this week. I think that short-term pullbacks are buying opportunities. The market...