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

  • Nousheen from Pakistan writes about LMFX:

    Its been three years approximately since i opened small account with them and I am trading on and off with this broker. So far the trading conditions are good and i had noticed that they have improved pretty much since my time when i started. I mostl...

  • christ athan from Austria writes about Turnkey Forex:

    Heard so much good about this broker everywhere be it babypips or FPA or any other forums that I had to give it a try. And I have to say, everything I heard was true. It’s been 6 months since I have been with this broker and so far so good. The clien...

  • Hoang Le from Vietnam writes about LMFX:

    I just started trading with this broker from 2018 through a seminar with $50 bonus. Pleasantly surprised by the service. This broker offers competitive pricing, spread and an easy deposit/withdrawal process. Also, execution is good without freezes a...

  • Per from Germany writes about GAINSY:

    I am trading with this broker last 6 monts, And I have only positive impressions about it.Their support team is really nice and they tried to help you in every situation, even if they musn't do it. Also they gave me good trading conditions and it's c...

Forex Blog

GBP/JPY Is in Process of Forming Double Top Pattern

Sun, 24 Mar 2019 18:14

GBP/JPY has been rising in an uptrend since January 3 flash crash created a deep spike on the daily chart of this currency pair. Lately, the rally stalled in a formation with two peaks, which closely resembles a double top pattern. The formation becomes valid only following a breakout below the pattern's neckline....

Forex Brokers Update — March 24th, 2019

Sun, 24 Mar 2019 15:26

This week, we did not add new brokers to the list on EarnForex.com, but we have updated some listed brokers: FXTM is now also regulated by FSCM of Mauritius. FIBOGroup lowered minimum account size on MT4 NDD, MT4 NDD No Commission, and MT4 Fixed types from $300...

Weekly Forex Technical Analysis (Mar 25 — Mar 29, 2019)

Sat, 23 Mar 2019 9:45

EUR/USD

Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1058 1.1166 1.1233 1.1340 1.1408 1.1515 1.1583

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1156 1.1213 1.1330 1.1388
...

Forex News

British Pound Falls on Negative Brexit News Ahead of Key Vote

British Pound Falls on Negative Brexit News Ahead of Key Vote

Mon, 25 Mar 2019 15:31

The Sterling pound today fell from its daily highs against the US dollar after rumors emerged that the Irish DUP was still opposed to the British PM's Brexit deal.

Canadian Dollar Weakens on Data, Energy Prices

Canadian Dollar Weakens on Data, Energy Prices

Mon, 25 Mar 2019 14:58

The Canadian dollar is weakening against several major currencies to start the trading week as the loonie is still reeling from bad data. The dollar faced additional pressure on tumbling energy prices and investors sounding the alarm about Canada’s perpetual budget deficit problem.

Turkish Lira Bounces After Erdogan Warns Speculators

Turkish Lira Bounces After Erdogan Warns Speculators

Mon, 25 Mar 2019 12:16

The Turkish lira rose against the US dollar, rebounding after Friday's huge slump, today after Turkey's President Recep Tayyip Erdogan warned investors speculating against the currency that they will be punished. The bounce was limited, though, and currently the lira is trimming its gains.

Commodity Blog

Soybean Rises on Higher Chinese Imports, Historic US Flooding

Mon, 25 Mar 2019 13:35

Soybean futures are rallying to kick off the trading week as the agricultural commodity got a boost from higher Chinese...

Gold Rises, Crude Oil Falls amid Recession Fears

Mon, 25 Mar 2019 13:04

Friday's poor data in the eurozone, and the report about the German manufacturing sector in particular, led to fears of another global economic recession. That bolstered the US ...

Commodities Technical Analysis, March 25th — March 29th

Sun, 24 Mar 2019 10:10

The technical analysis, that includes the indicators’ data and major pivot points for WTI Oil, Gold, Silver, Copper, and Natural Gas in continous charts as of March 24th,...

Forex Video Zone

Gold Forecast — March 25th 2019

Mon, 25 Mar 2019 15:49

In this video, the Trader Guy looks at the commodity, gold for the March 25th session. [video]NcPDWOvzR6U[/video]...

USD/ZAR Forecast — March 25th 2019

Mon, 25 Mar 2019 15:24

In this video, the Trader Guy looks at the USD/ZAR pair for the March 25th session. USD/ZAR — The market broke above the top of this doji like candle on Friday and rallied strongly. Both the 14.15 level and the 50-day EMA have offered support. So, at this moment, pullbacks are seen as buying opportunities. To the upside, the 15.00 level looks like the target. At the moment, this pair looks bullish, and set to go higher. [video]jaAHv4uQ5nU[/video]...

Daily Market News — March 25th 2019

Mon, 25 Mar 2019 15:23

Precious metals like gold are bullish. The Asian stocks markets look bearish. The EUR/USD pair looks bearish, facing resistance at 1.1316, and is going through consolidation. The resistance levels are 1.1316, 1.1397, and 1.1477. The support levels are 1.1249, 1.1150, and 1.1030. The USD/JPY pair is also going through consolidation and is trading below the resistance at 110.00. The resistance levels are 110.27, 110.65, and 110.88. The support levels are...