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

  • ruel from philippines writes about InstaForex:

    My name is ruel yas alcober today june 20 2017 my account block by instaforex without any reason first i made witdraw amount 0f 133$ after a weeks i recieve my witdraw in ny skril.then i start trading again.friday june 17 2017 i made 214$ in witdraw ...

  • Madjefurd from Jordan writes about GAINSY:

    For more than 10 years of my experience with forex and cfd I met quite a few decent brokers. Traded with Gainsy from the middle 2013 till September, 2015, then wanted to tried something else. When at the beginning of 2015 it was the only my broker ou...

  • RACHIDA HABIBI from Morocco writes about Fort Financial Services:

    Good broker with fast execution orders with professionnal support no problems you can trust this recommanded broker

    also they give onther chance if you lose your bonus

    I suggest to trade with Fort Financial Services

    Acc number 379514

  • Karl F from Italy writes about LiteForex:

    I use the pips back from liteforex, but it is one minus , it is difficult to understand how the calculations are made, and I would like a more understandable scheme of commission calculations and refund of commission

Forex Blog

USD/CAD in Ascending Channel on H4

Sun, 25 Jun 2017 19:07

After falling to its June 14 low, the USD/CAD currency pair began rising slowly, forming a perfect ascending channel pattern on its four-hour chart. A bearish breakout from this pattern would imply a continuation of the previous strong downtrend of the US dollar against the loonie. The channel is marked with the yellow...

USD/JPY Consolidates in Bullish Pennant After Rally

Sun, 25 Jun 2017 15:40

A rather rough bullish pennant pattern has formed on the 4-hour chart of the USD/JPY currency pair. The pair's rally started on June 14 following a new monthly low. It has managed to set up a new higher high and then entered a consolidation that seems like a valid bullish pennant formation, which...

Forex Brokers Update — June 25th, 2017

Sun, 25 Jun 2017 15:21

Only three brokers have some changes to report on since the time of the previous brokers update post: FXTM now accepts deposits in Bitcoin. HYCM added trading in BTC/USD and deposits via Neteller. Profiforex began accepting US traders. Launched Arabic version of its website....

Forex News

Hawkish Monetary Policy Outlook Doesn't Help Sterling

Hawkish Monetary Policy Outlook Doesn't Help Sterling

Sat, 24 Jun 2017 16:11

The outlook for monetary policies of central banks around the world were one of the main driving factors for the Forex market this week. But while the outlook for Bank of England monetary policy became more hawkish, it was not enough to support the Great Britain pound.

Pound Rises on Interest Rate Hike Speculations

Pound Rises on Interest Rate Hike Speculations

Fri, 23 Jun 2017 18:52

The Great Britain pound rose today as hawkish comments from policy makers led to speculations about interest rate hikes from the Bank of England in the foreseeable future.

US Dollar Flounders as PMI Readings Fall Short of Estimate

US Dollar Flounders as PMI Readings Fall Short of Estimate

Fri, 23 Jun 2017 15:49

The US dollar tumbled against major rivals on Friday following the release of lackluster manufacturing activity data and weak new home sales. Traders’ appetite for the greenback was also affected by anticipation for speeches of Federal Reserve officials today and US inflation data next week.

Commodity Blog

Commodities Technical Analysis, June 26th — June 30th

Sun, 25 Jun 2017 9:29

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 June 25th, 2017:...

Bitcoin Poised to End Week off Weekly Highs Despite Expectations of Indian Adoption

Fri, 23 Jun 2017 21:22

The price of Bitcoin is set to end the week below the week’s highest level as investors in the virtual currency remained reluctant to place their funds into it...

Oil Rallies on Friday, Heads to Fifth Weekly Loss

Fri, 23 Jun 2017 20:05

Futures for crude oil rose today. The reason for the rally was the weakness of the US dollar. The greenback dropped due the surprisingly poor data about manufacturing...

Forex Video Zone

What Are Safe Haven Investments?

Sun, 25 Jun 2017 14:13

Safe haven investments are investments that provide a low level of risk during periods of extreme economic uncertainty. The problem is that a safe haven investment is a safe haven investment until it is no longer a safe haven investment. There are a number of assets that are often said to fall within this class and these include US government bonds, gold, and silver, and land and property....

Daily Forex News and Analysis — June 25th 2017

Sun, 25 Jun 2017 14:13

The EUR/USD increased by 0.38%, closing the week at 1.1194. The GBP/USD pair went up by 0.28%, closing the week at 1.2718 exchange rate. On Friday evening, a new cyber attack hit communications networks within the UK parliament. Lawmakers were unable to access their email, causing the government to block network access. Computer experts stated that this new attack was not related to last month's Wannacry ransomware attack. As of Saturday night,...

Traders Shift Attention to Oil and Ruble

Fri, 23 Jun 2017 15:39

Oil prices are retreating from recent lows, trying to offset losses. The Brent Crude Benchmark has added about 1% and is trading at $45.35 per barrel. The investor sentiment was improved by the comments about the OPEC agreement on output curbs. The Iranian oil minister, said that the cartel will consider a possibility of increasing the production cuts. However, a rise in crude oil inventories in the United States puts oil prices...