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

  • Ebrahem from Egypt writes about Grand Capital:

    They don't pay , my withdrawal request is pending for along time , and support doesn't answer my emails

  • Patrick from South Africa writes about AMarkets:

    Upon my registration with Amarkets I received $30 bonus of which I managed to build to $450 in few days. I even withdrew $350 with no hassle through their visa/master card method.I just want to thank Amarkets for their great services,may they keep...

  • Sebastian from France writes about Orbex:

    I have to thank Orbex for the excellent experience from the last year. They provide good conditions and quickly process withdrawals. In addition, their spreads and licenses are additional reasons that make me calm down with them.

  • Kumara from India writes about FreshForex:

    An awesome broker to trade with. Utilizing their bonus offer means more profitability to our accounts since the bonus itself can hold our drawdown. You can also trade other instruments like cryptocurrency there or even deposit with cryptocurrency...

Forex Blog

EUR/USD Recovers After Sharp Drop Despite Positive US Data

Thu, 15 Nov 2018 16:59

EUR/USD dropped sharply intraday but rebounded later despite the fact that most of US macroeconomic reports released today were better than expectations. Retail sales rose 0.8% in October, exceeding market expectations of a 0.6% increase. The September reading was revised from an increase by 0.1% to a decrease of the same rate....

EUR/USD Demonstrates Volatile Reaction to US CPI

Wed, 14 Nov 2018 14:41

EUR/USD reacted with volatility to the US Consumer Price Index, which came out within expectations. Initially, the currency pair spiked but retreated very quickly, demonstrating a sharp pullback. CPI rose 0.3% in October, matching analysts' forecasts exactly. The index increased 0.1% in September. (Event A on the chart.) Yesterday, a report...

CAD/CHF Consolidated in Symmetrical Triangle After Rally

Sun, 11 Nov 2018 16:37

The Canadian dollar has formed a symmetrical triangle pattern versus the Swiss franc, which is especially visible on daily timeframe. The pattern follows an upswing and suggests a continuation of the bullish trend in case of a topside breakout. The borders of the triangle are marked with the yellow lines on the image below. My potential entry level is...

Forex News

USD/CAD Pair Trades in a Range for the Fourth Consecutive Session

USD/CAD Pair Trades in a Range for the Fourth Consecutive Session

Thu, 15 Nov 2018 14:48

The USD/CAD currency pair today traded in a consolidative range extending a trend that has been going on since the start of the week. The currency pair has been range bound despite the commodity-linked loonie being relatively weak due to the massive drop in global crude oil prices as tracked by the West Texas Intermediate.

Pound Crashes as Two UK Ministers Resign Following Brexit Deal

Pound Crashes as Two UK Ministers Resign Following Brexit Deal

Thu, 15 Nov 2018 10:57

The British pound today crashed to new 2-week lows after two UK Ministers and a junior minister led by former Brexit Secretary Dominic Raab resigned following yesterday's draft Brexit deal.

Australian Dollar Propelled by Solid Employment Data

Australian Dollar Propelled by Solid Employment Data

Thu, 15 Nov 2018 10:10

The Australian dollar rose today, propelled higher by strong employment figures. The falling inflation expectations did not affect the currency at all. While the Aussie has trimmed gains against some of its most-traded rivals by now, the currency remains safely above the opening level.

Commodity Blog

Soybean Rallies 1% on Slower US Harvest, Fresh Export Sales

Thu, 15 Nov 2018 15:41

Soybean futures are rallying on Thursday as new US government data reported a slower-than-expected harvest pace, as well as new export sales. Soybean prices...

Gold Gains on Risk Aversion, Weakening Dollar

Wed, 14 Nov 2018 20:21

Futures for gold logged solid gains today, rising more than 1%. Other precious metals rallied as well, with the exception of palladium. Market analysts...

Breaking News: Bitcoin Price Drops Sharply Below $6,200

Wed, 14 Nov 2018 18:17

The cryptocurrency markets are currently in the red as most top digital coins are taking a hit, with some dropping...

Forex Video Zone

What Is Trading?

Thu, 15 Nov 2018 13:27

In this video, you will understand what trading is all about. Trading is not about endlessly searching for a holy grail. It is not about searching for strategies after a series of losing trades. You need to develop your inborn skills to mature into a good trader. It comes from experience. You can get better in trading only by trading, by practice and experience. Please write down everything....

Bitcoin Forecast — November 15th 2018

Thu, 15 Nov 2018 13:11

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the November 15th session. Bitcoin/USD — It looks like the market has finally made up its mind. The markets have fallen below the 5,800 level. This could pave the way towards the 5,000 level. It now looks very bearish for the bitcoin from a long-term perspective. A fall down up to 4,000 can be expected. At the moment, the US...

Recap of Asian Trade — November 15th 2018: USD/JPY and AUD/USD

Thu, 15 Nov 2018 12:58

The greenback is experiencing a small correction after a rise. This is due to the speech of Jerome Powell, the Chairman of Federal Reserve. It looks like a monetary tightening is likely in the near future. The US dollar index is trading at 96.80. Also, the demand for the greenback is falling due to the intentions of US and China to restart trade talks. The USD/JPY pair is trading at 113.50. Investors are looking forward to know the outcome of a possible...