Forex Trading Information, Learn About Forex Trading

Latest in Forex

Karl from Berlin writes about ForexChief:
My experience with Forexchief is rather a good one. I usually deposit with withdraw in bitcoins all the time. I prefer this option because I hate dealing with other payment systems and the broker honors my request on time.
I really do like the fa...
Marko from Romania writes about IFC Markets:
Good and reliable company. First of all, I advise to trade with IFC Markets to stock traders. There are many companies introduced. There is also a very interesting thing – PCI method that allows you to increase or decrease volatility by creating your...
Mohammad Al Jasser from Saudi Arabia writes about One Global Market:
no issue in withdrawal/deposit of my money with OGM.
It makes me feel secure as I myself is an experienced pamm investor and I always prioritize on a broker reputation and service/support before investing.
John Kimmel from United Kingdom writes about One Global Market:
Honestly this has to be the best broker I have worked with. Never had a problem with the platform or the broker in general. Their support team is always available and so supportive. What makes them the best to me is that they are 100% genuine and my ...

Forex Blog

Weekly Forex Technical Analysis (Jan 21 — Jan 25, 2019)

Sat, 19 Jan 2019 9:51

EUR/USD

Floor pivot points

3rd Sup	2nd Sup	1st Sup	Pivot	1st Res	2nd Res	3rd Res
1.1179	1.1266	1.1316	1.1403	1.1452	1.1539	1.1589

Woodie's pivot points

2nd Sup	1st Sup	Pivot	1st Res	2nd Res
1.1257	1.1297	1.1393	1.1434

...

EUR/USD Declines amid Speculations About US Tariffs Rollback

Fri, 18 Jan 2019 19:20

EUR/USD declined today even as the US consumer sentiment worsened significantly this month. Yet the improving industrial production helped the dollar to gain on the euro. Another reason for the dollar's strength was the rumor that the United States are considering lifting tariffs on Chinese imports. Industrial production rose 0.3% in December...

EUR/USD Little Changed Despite Disappointing Eurozone Inflation, Positive US Data

Thu, 17 Jan 2019 18:45

EUR/USD was little changed today even after the inflation print released in the eurozone came out below expectations (event A on the chart), while US macroeconomic indicators surprised positively. Philadelphia Fed manufacturing index jumped from the revised reading of 9.1 in December to 17.0 in January. Analysts had...

Forex News

NZ Dollar Rallies After Consumer Inflation Surprises Positively

Wed, 23 Jan 2019 0:46

The New Zealand dollar climbed by the end of the Tuesday's trading session and continued to rally during the early Wednesday's session. The rally was a result of the better-than-expected inflation data. Before the report, the currency was moving either sideways or down versus its major peers.

Canadian Dollar Falls on Poor Macroeconomic Data, Market Sentiment

Tue, 22 Jan 2019 23:16

The Canadian dollar fell against its most-traded peers today after the release of negative macroeconomic data and as the market sentiment soured on worsening global growth projections.

US Dollar Firms to Two-Week High on Strong Data, Thawed US-China Tensions

Tue, 22 Jan 2019 17:28

The US dollar is firming to its best level in two weeks on better-than-expected industrial figures and improved US-China trade relations. Greenback investors are shrugging off warnings of sluggish global economic growth and weak Chinese economic data.

Commodity Blog

Crude Drops 2%, Dragged Down by Worsening Market Sentiment

Wed, 23 Jan 2019 0:09

Futures for crude oil fell about 2% on Tuesday as the market sentiment soured. There was a range of factors that led to worsening of the traders' mood. One...

Coffee Futures Fall As Market Braces for Short-Term Slump

Tue, 22 Jan 2019 16:20

Coffee futures are trading lower on Tuesday as a barrage of reports points to one thing: a short-term slump. But this could change as the year progresses,...

Gold Slips to One-Month Low As Investors Jump Back Into Equities

Mon, 21 Jan 2019 18:25

Gold futures slipped to their lowest levels in a month as investors have renewed their interest in the equities market. With a greater risk appetite among traders,...

Forex Video Zone

USD/JPY and AUD/USD Forecast — January 22nd 2019

Tue, 22 Jan 2019 16:29

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the January 22nd session. USD/JPY — The Monday session saw this pair pull back a bit. A test of the 61.8% Fibonacci level looks likely. You have confluence with the 61.8% fib level, the 110.00 level, and the 50-day EMA, and they could push this market down. So, selling is preferred at this point. A break above the 50-day...

Sharpe Ratio: Explanation with Example

Tue, 22 Jan 2019 16:00

In this video, you will learn about the Sharpe ratio. How can you compare two portfolios? You can use the Sharpe ratio, named after William Sharpe. You can compare portfolio X with portfolio Y. You can come to conclusions like which is offering better performance, volatility, etc. For example, consider a portfolio X with rose 10%. And portfolio Y, which only...

EUR/USD and GBP/USD Forecast — January 22nd 2019

Tue, 22 Jan 2019 15:26

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the January 22nd session. EUR/USD — Once again, the euro bulls attempted to rally, but then rolled over. Monday session was a low volume day, as it was the Martin Luther King Day, a holiday in the US. The market is still attempting to form this rounded bottom pattern. A break above the 50-day EMA is...