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

Forex Blog

Forex Brokers Update — June 17th, 2018

Sun, 17 Jun 2018 10:34

There were no new brokers added during the week that is ending today, just some minor updates: AMarkets opened an office in Indonesia and now also offers support service in Indonesian. 24option no longer offers binary options trading. AAATrade added MT5 platform in demo and real...

Weekly Forex Technical Analysis (Jun 18 — Jun 22)

Sat, 16 Jun 2018 9:51

EUR/USD

Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1174 1.1358 1.1483 1.1667 1.1792 1.1976 1.2101

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1343 1.1453 1.1652 1.1761
...

EUR/USD Recovers As US-China Trade War Intensifies

Fri, 15 Jun 2018 22:15

EUR/USD rebounded a bit following yesterday's big slump, though the rally was not nearly enough to erase losses posted during yesterday's session. The dollar was relatively weak today due to an intensifying trade war between the United States and China. The USA announced new tariffs on Chinese imports,...

Forex News

NZ Dollar Robust Despite Worsening Economic Outlook

NZ Dollar Robust Despite Worsening Economic Outlook

Mon, 18 Jun 2018 13:08

The New Zealand dollar gained on its most-traded rivals today, though not on the extremely strong euro. Such good performance was surprising, considering the risk-off market sentiment and the worsening outlook for New Zealand's economic growth.

Japanese Yen Strong on Risk Aversion

Japanese Yen Strong on Risk Aversion

Mon, 18 Jun 2018 12:44

The Japanese yen was relatively strong today due to risk aversion caused by the US-China trade war. Surprisingly poor domestic macroeconomic data had limited impact on the currency.

Pessimistic Economic Outlook Weighs on Pound

Pessimistic Economic Outlook Weighs on Pound

Mon, 18 Jun 2018 12:20

The Great Britain pound was soft today due to the pessimistic economic outlook for the United Kingdom. Decent macroeconomic data was unable to rescue the currency.

Commodity Blog

Commodities Technical Analysis, June 18th — June 22nd

Sun, 17 Jun 2018 10:13

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 June 17th,...

SEC Says Ether Is Not a Security, but Most ICOs Are

Sat, 16 Jun 2018 11:04

The world's largest and second largest cryptocurrencies, Bitcoin (BTC) and Ether (ETH), are not securities, because of how decentralized they have become, according to SEC...

Renewed Trade War Fears Cause Oil Prices to Slump

Fri, 15 Jun 2018 19:32

The prospect of a trade war between China and the USA has reared its head once again, causing oil prices to slump on Friday. The rumblings of a fresh...

Forex Video Zone

Traders Cautious Before Weekend

Mon, 18 Jun 2018 11:20

On Friday, before the opening of the New York trades, the greenback was still holding near highs after downward correction. The US dollar index lost around 20 pips coming off 95 levels. Experts linked the decline to concerns over the trade war between the US and some other countries, including China. Trading sentiment towards the greenback was still unclear even after some macroeconomic publications from the United States....

Forex Trading Using Trendlines

Sun, 17 Jun 2018 15:06

Trendlines are one of the favorite trading tools, reliable, and always easy to use. Trendlines are used when the market is moving up or down. They can be used over a larger period of time, or over a shorter period of time. Trendlines are counter-trend in nature. When the price is dropping, a trendline will help us decide to take a long trade, and when the price is rising, a trendline will help us...

Forex Trading the News

Sun, 17 Jun 2018 14:30

Economic indicators are snippets of financial and economic data published by various agencies of the government or private sector. These statistics, which are made public on a regularly scheduled basis, help market observers monitor the pulse of the economy. Besides economic indicators, there are a few simple guidelines necessary to track, organize, and make trading decisions based on the data. Know exactly when each economic report is due to be released.

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