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

  • Ludwick from Turkey writes about AccentForex:

    Each broker has its pros and cons. But for me the main thing is earnings and output. Because trade is my main earnings. In terms of output the accent is good. I always withdraw money for a max of two days. At the moment I see the company is changing....

  • dyna park from Belgium writes about Coinexx:

    Just started using them. Its going good so far. Opened my live account, was able to transfer BTC instantly to my ac. The process was smooth.. so decided to test the withdrawal. I made a quick withdrawal as soon as I made sum bucks to test and yaa it...

  • Jack from Toulouse writes about IFC Markets:

    Perhaps IFC is the best broker I have worked with. It is not easy to find a negative feature of the company. A wide choice of instruments, good platforms to choose from and decent conditions – that is all you need for trading.

  • A.Levine from Munich writes about Trade Fintech:

    Excellent service, withdrawal was easy, trading was great, no errors with server, 5*

Forex Blog

Weekly Forex Technical Analysis (Aug 13 — Aug 17)

Sat, 11 Aug 2018 9:51

EUR/USD

Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1083 1.1236 1.1323 1.1476 1.1563 1.1716 1.1803

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1219 1.1291 1.1459 1.1531
...

US Sanctions on Turkey Drive EUR/USD Down

Fri, 10 Aug 2018 18:27

EUR/USD dropped to the lowest level in a year today on concerns that the negative impact of US sanctions against Turkey can spill over to the European banking system, which has strong exposure to Turkish assets. Positive US inflation data also weighed on the currency pair. US CPI rose 0.2% in July...

EUR/USD Falls Despite US PPI Missing Forecasts

Thu, 9 Aug 2018 14:53

EUR/USD declined today even as US producer inflation missed expectations. Consumer inflation data will be released tomorrow, and if it fails to meet expectations as well, that would bode ill for the US currency. PPI showed no change in July, whereas experts had predicted an increase by 0.2%. The index...

Forex News

Euro Struggles to Rally on Upbeat Eurozone Data Amid Turkish Crisis

Euro Struggles to Rally on Upbeat Eurozone Data Amid Turkish Crisis

Tue, 14 Aug 2018 12:54

The euro today struggled to rally higher despite the release of upbeat data from across the Eurozone such as the German GDP report. The EUR/USD currency pair was largely weighed down by the ongoing currency crisis in Turkey, which has negatively affected the global financial markets.

British Pound Rallies Then Drops on Mixed UK Jobs Data

British Pound Rallies Then Drops on Mixed UK Jobs Data

Tue, 14 Aug 2018 11:36

The British pound today rallied briefly following the release of the UK labour market report for August, where the unemployment rate hit a new record low. The GBP/USD currency pair was weighed down by the higher than expected claimant count rate, which saw it drop from session highs back to its opening levels.

Aussie Mixed As Market Sentiment Improves, Economic Data Disappoints

Aussie Mixed As Market Sentiment Improves, Economic Data Disappoints

Tue, 14 Aug 2018 11:08

The market sentiment improved today after fears about the crisis in Turkey eased, alleviating pressure on riskier currencies. Yet the Australian dollar was mixed as domestic macroeconomic data was also mixed, while economic releases in China, Australia's biggest trading partner, were universally disappointing.

Commodity Blog

Crude Oil Declines amid Turkish Crisis Concerns, Other Negative Fundamentals

Mon, 13 Aug 2018 18:05

Futures for crude oil attempted to hold ground today but failed and are now trading far below the opening levels. The reason for that was concerns...

Gold Plunges to 17-Month Low As Dollar Boosted by Turkish Crisis

Mon, 13 Aug 2018 16:32

Gold futures are plummeting to their lowest levels in about 17 months to kick off the trading week. The yellow metal is flirting with $1,200...

Commodities Technical Analysis, August 13th — August 17th

Sun, 12 Aug 2018 10:11

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 August 12th,...

Forex Video Zone

Trump Sets New Goals

Tue, 14 Aug 2018 11:36

The US dollar is trading with higher volatility against its rival currencies amid political jitters, sparked off by the protectionist rhetoric of Donald Trump. In the Wall Street session, the US dollar index again showed a downward gap of almost 110 pips. However, the index closed the North American session at about 96.21. On Monday, the US President approved a massive defense policy bill of 2019. It authorizes a budget...

Bitcoin Forecast — August 13th 2018

Mon, 13 Aug 2018 16:15

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the August 13th session. Bitcoin/USD — As you can see, it has been anothr negative day. We have taken back about half of the gains from Thursday. Really, it has been pretty quiet truthfully. We are only down about 1.3% for the day. We look at 6,000 to the downside. If we can break down...

USD in Demand amid Turkey’s Financial Crisis

Mon, 13 Aug 2018 16:07

On early Monday, the US dollar index was holding at the highest level in over a year. Later on Monday, the index was still trading at about 96.40. The US currency is gaining ground across the board on the back of escalating political tensions between the US and Turkey. In the European trade, the single European currency was weighed down by the stronger greenback. However, in the late European trade, the EUR/USD pair was able to recover from a 13-month low...