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

  • jay from philippines writes about AvaTrade:

    hi, im jay, a trader from avatrade with account numbers 21--929 and 21--744, I experienced serious application malfunction or an app crash, I lost money because the application wont allow me to log in with the specific times when my account could be ...

  • Carlos Alberto from Uruguay (current South Africa) writes about AvaTrade:

    A little after I registered to a demo avatrade account I got a call from my account manager, who explained everything to me and cleared some fears and doubts I had. After 2 weeks I upgraded to a real account, and again the same account manager called...

  • Piter from New Zealand writes about NewForex:

    On negative messages in network I dont like to be conductive because one of my favourite brokers is NewForex. I can't tell anything bad about them. There are two account types for beginners and for people who is more experienced than others, there ar...

  • kameme from kenya writes about PaxForex:

    I have traded with Pax forex for the last two years.As a trader who trades with multiple forex brokers, i have done a comparison among them and none beats Pax forex.Pax forex promises and delivers.When it promises that withdrawals will hit your accou...

Forex Blog

Which Cryptocurrency Pairs Do You Trade in Forex?

Mon, 22 May 2017 14:24

My old poll about the popularity of currency pairs had rather predictable results — EUR/USD, GBP/USD, the JPY pairs are the leaders. But how about the cryptocurrency trading? Can it be considered a part of the more traditional Forex scene? Given the fact that many FX brokers now support trading ...

Weekly Forex Technical Analysis (May 22 — May 26)

Sat, 20 May 2017 9:13

EUR/USD

Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.0704 1.0813 1.0994 1.1103 1.1283 1.1392 1.1572

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.0831 1.1029 1.1120 1.1319
...

EUR/USD Falls After Four Sessions of Gains

Thu, 18 May 2017 14:31

EUR/USD declined today following four consecutive sessions of gains as US economic data released over the current session was surprisingly good for the most part. It allowed the dollar to overcome the impact of US politics. Yet the troubles have not ended yet as Reuters reported that people involved in Donald Trump's...

Forex News

US Dollar Weakens as Traders Remain Concerned About Political Instability

US Dollar Weakens as Traders Remain Concerned About Political Instability

Mon, 22 May 2017 21:01

The US dollar weakened against a basket of its major counterparts on Monday as political woes continued to loom over the market, which reduced demand for the greenback. A cautious trading mood ahead of major data releases this week drove an index of the strength of the US currency to its lowest level since October 2016.

EUR/USD Rallies Higher on Angela Merkel's Comments

EUR/USD Rallies Higher on Angela Merkel's Comments

Mon, 22 May 2017 18:22

The EUR/USD currency pair today rallied higher during the European session after German Chancellor, Angela Merkel, blamed the euro's weakness on the European Central Bank. The lack of economic releases from both the US and the European dockets made the currency pair especially sensitive to Merkel's comments.

US Politics Lead to Awful Week for Dollar

US Politics Lead to Awful Week for Dollar

Sat, 20 May 2017 18:35

The US dollar has ended the week as the weakest major currency as controversies surrounding US President Donald Trump erased the appeal of the currency to investors, driving the greenback to the lowest level since Trump became a president.

Commodity Blog

Commodities Technical Analysis, May 22nd — May 26th

Sun, 21 May 2017 9:24

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 May 21st, 2017:...

Bitcoin Price Climbs Closer to $2,000 Mark on Rising Demand in Japan and Korea

Fri, 19 May 2017 22:38

The price of Bitcoin moved past $1,900 on Friday for the first time in the digital currency’s history, as demand from Japan and Korea continued to drive the market higher. Rising...

Gold Poised for Best Weekly Gain in 5 Weeks

Fri, 19 May 2017 16:53

Gold futures are on track to record their best weekly gain in five weeks. With political turmoil occurring in Washington, which is impacting the US...

Forex Video Zone

EUR/JPY Has Validated an Inverted Head & Shoulders — Forecast — May 22nd 2017

Mon, 22 May 2017 15:45

In this video, the Trading Central looks at the currency pair EUR/JPY for the May 22nd session. EUR/JPY — Looking at the intraday 30-min chart, the pair has indeed validated an inverted head and shoulders pattern on last Friday. Further advance is also expected above the strong horizontal support at 124.15 and the pair remains supported by the rising 50-period Moving Average. The first target is set at the horizontal resistance at 125.10 and the next target is...

Euro Approaching One-Year High Against Greenback

Mon, 22 May 2017 15:06

The most traded currency pair continues to extend its gains today. This time, the single European currency is gaining ground thanks to the comments by Germany's Chancellor Angela Merkel. Addressing students in Berlin, Angela Merkel said that the euro is weak due to an ultra accomodative monetary policy of the European Central Bank. Investors reacted to these comments immediately. The EUR/USD pair is heading towards the 1-year...

Oil Extends Gains

Mon, 22 May 2017 12:57

During the early session, oil prices are close to fresh highs amid growing optimism of market participants about the OPEC meeting with non-OPEC producers. Brent crude climbed to $54 per barrel and now oil prices are expected to correct its movement. Analysts believe that oil prices can move up to $55 by Thursday. Energy ministers of the main oil exporting countries will meet this week...