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

  • Ella Nickels from Japan writes about AAFX Trading:

    Many traders recommend different brokers. But I will only recommend AAFX. Since I have only used this broker and have gained excellent trading experience as a trader, the most important thing for me is a secure trading platform. Which I'm getting fro...

  • Cleofas Burgos  from Spain writes about CIBFX:

    What I love most about this broker, CIBfx is: it is effectively providing me all the essential trading services so that I can enjoy a comfortable trading journey, yet again, it is ensuring me safe trading journey through proper verifications. I am en...

  • Luis from Portugal writes about Markets Cube:

    at the end of July I opened an account at Markets Cube and to where I transferred 5,250 (250+5000) euros.

    because I was hospitalized I could not receive telephone calls so the business I did was exclusively at my own risk.

    So I take the damage I've...

  • Carey from France writes about Imperial Global Markets:

    Besides the traditional trading with the customary financial assets (and cryptocurrencies), Imperial offers several group investment portfolios for different kinds of risk and strategies. Imperial consultants are also ready to help me organise my per...

Forex Blog

EUR/USD Dips, Extends Decline After FOMC Minutes

Wed, 17 Oct 2018 21:04

EUR/USD was falling throughout the Wednesday's trading session and continued to move lower after the Federal Open Market Committee released minutes of its September meeting. The fact that all member of the Committee unanimously voted for an interest rate hike boosted bets on an additional hike in December. Housing starts were at the seasonally...

EUR/USD Retreats After Rallying Earlier on Tuesday

Tue, 16 Oct 2018 21:27

EUR/USD rallied on Tuesday but was heading to end the session flat. While the currency pair got boost from the dollar's weakness caused by the positive market sentiment, it looks like optimism slowly eroded. US macroeconomic releases added to the downside momentum as basically all US indicators were better...

EUR/USD Opens Sharply Lower, Bounces Afterwards

Mon, 15 Oct 2018 15:00

EUR/USD opened sharply lower due to the prevalent risk aversion on the Forex market but was moving up since the opening. The currency pair attempted to extend its rally after US retail sales missed expectations but failed. The EUR/USD pair has retreated from the daily highs by now, though...

Forex News

Japanese Yen Flat on EU Trade Deal, World Economic Forum Index

Japanese Yen Flat on EU Trade Deal, World Economic Forum Index

Wed, 17 Oct 2018 13:45

The Japanese yen is trading flat midweek after several mixed news reports came out pertaining to the world’s third-largest economy. While a new poll shows economists fear upcoming trade spats with the US will impact the Japanese economy, a new study discovered that Tokyo remains one of the most competitive places in the world today.

Euro Drops Despite In-Line Inflation Data Ahead of FOMC Minutes

Euro Drops Despite In-Line Inflation Data Ahead of FOMC Minutes

Wed, 17 Oct 2018 11:47

The euro today has traded erratically against the US dollar from the start of today's session as both sellers and buyers pushed to gain control of the single currency.

Pound Falls on Weak UK Inflation Data Amid Brexit Summit

Pound Falls on Weak UK Inflation Data Amid Brexit Summit

Wed, 17 Oct 2018 10:36

The British pound today fell significantly against the dollar following the release of the latest UK inflation data, which missed expectations. The pound was also weighed down by the ongoing European Union Brexit summit, which is not expected to result in a deal.

Commodity Blog

Soybean Rallies on Chinese Demand, Higher Taiwan Imports

Wed, 17 Oct 2018 14:26

Soybean futures are extending their gains midweek after reaching their best levels in two months. Soybean prices are rallying on a series of positive...

Bitcoin Price Drops as BlackRock Fails to Provide Update

Wed, 17 Oct 2018 11:50

Bitcoin price is consolidating inside a symmetrical triangle pattern on the short term as seen in the chart below while...

Crude Oil Prices Stable as Markets Wait for New Developments in US-Saudi Conflict

Tue, 16 Oct 2018 17:50

Crude oil were stable today as markets waited for a resolution of the conflict between the United States and Saudi Arabia over the disappearance of Saudi journalist Jamal Khashoggi...

Forex Video Zone

Candlestick Pattern — Piercing Pattern

Wed, 17 Oct 2018 17:07

In this video, you will learn about the piercing pattern. This is a bullish reversal pattern. You spot this pattern at the end of a downtrend. It is good to use this pattern with confluence, using an oversold condition. The first candlestick in this pattern is a red candlestick. Then the next candlestick gaps lower and closes as a green candlestick. It closes covering the 50% of the body of the previous candlestick. This is a reliable...

Bitcoin Forecast — October 17th 2018

Wed, 17 Oct 2018 16:43

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the October 17th session. Bitcoin/USD — Bitcoin markets rallied once again to the relief of the bulls. But market participants just need to wait for the break above the top of this shooting star. That would be seen as a bullish signal and a move to 7,000 can be expected. The alternate scenario is to see a break below the 5,800 level, which will...

Recap of Asian Trade: USDX, USD/JPY, AUD/USD

Wed, 17 Oct 2018 14:16

The US dollar index is going through a consolidation between the 95.00 and 95.20 levels. Macroeconomic data released from the US gave the index some support. A rate hike by the Fed before the end of the year is likely. Donald Trump expressed his negative comments on the monetary tightening by the Fed. The USD/JPY pair is trading at 112.00. At the moment, the yen is not preferred by the investors. It looks like the market...