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


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

Fed & ECB Meetings Boost US Dollar

Fed & ECB Meetings Boost US Dollar

Sat, 16 Jun 2018 16:41

The US dollar was strong for the most part of the week, boosted by policy meetings of the Federal Reserve and the European Central Bank, though the currency weakened somewhat on Friday.

Canadian Dollar Weakens Against US Dollar on Risk-Off Sentiment

Canadian Dollar Weakens Against US Dollar on Risk-Off Sentiment

Fri, 15 Jun 2018 15:05

The Canadian dollar today dropped significantly against the US dollar as the risk-off sentiment in the markets drove the USD/CAD currency pair to new highs. The loonie's slide against the greenback was further accelerated by the tariffs imposed by President Donald Trump's administration against Canadian imports.

Japanese Yen Soft After BoJ Policy Meeting

Japanese Yen Soft After BoJ Policy Meeting

Fri, 15 Jun 2018 12:12

The Japanese yen traded lower against its major peers today after the Bank of Japan left monetary policy unchanged, preserving its unprecedented stimulus.

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

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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Russia and Saudi Arabia Ready to Get Things Under Control

Fri, 15 Jun 2018 16:26

Today, oil prices are trading under pressure amid speculation that the participants of the OPEC+ deal will decide to ramp up production of Crude Oil. Currently, Russia and Saudi Arabia hold negotiations aimed for taking control over stability in the oil market. But bearing in mind their intentions to get back to the previous output levels, investors expect that the meeting, that will take place in Vienna on the 22nd of June,...