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

  • ch raju from india writes about Trade12:

    trade12 scammed me. first they ignored my withdrawal for one month saying data transfer and later after one month when i reminded they traded my account with huge volume without my permission. and the worst part is the trade they traded never quoted ...

  • FreshForex from Russia writes about FreshForex:

    Dear Johnny Sanderson.

    That's a nice story but there are some discrepancies. Unfortunately, we don't have trading instrument USD/EUR. We assume you mean EUR/USD. In this case it is unclear what exactly happened. Money doesn't tend to disappear witho...

  • FreshForex from Russia writes about FreshForex:

    Dear Mark Kessinger and Judy Sanderson,

    Nice try, but we have to disappoint you, there is no trading account matching your number combination. If you decide to earn money on trading instead of fake feedbacks, we will be happy to help you. Our tradin...

  • Serg from Belorussia writes about Libertex (ex-Forex Club):

    I started to use Libertex not so long ago, still exploring its opportunities, and I find it rather satisfying. On the whole I’ve been trading with FC for 4 years and hope to continue successful cooperation using Libertex!

Forex Blog

Forex Brokers Update — March 26th, 2017

Sun, 26 Mar 2017 12:41

Another week has passed without new additions to the list of Forex brokers, but we have updated some companies' listings: Updated currency pairs list of Forexite to remove the pairs that are not available for trading. The broker only offers them for charting and conversion purpose. FXCM's parent...

Weekly Forex Technical Analysis (Mar 27 — Mar 31)

Sat, 25 Mar 2017 9:13

EUR/USD

Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.0629 1.0674 1.0735 1.0780 1.0841 1.0885 1.0946

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.0678 1.0743 1.0784 1.0849
...

EUR/USD Climbs After Release of PMIs from Eurozone

Fri, 24 Mar 2017 15:39

EUR/USD was falling today but bounced after Markit released a bunch of PMI reports for eurozone, all of which exceeded expectations. Meanwhile, PMIs for the United States were disappointing, hurting the US dollar. The greenback was also under pressure because traders were cautious, waiting for the vote on Donald Trump's ...

Forex News

US Dollar Gives up Early Gains on Disappointing Data, Healthcare Vote Delayed

US Dollar Gives up Early Gains on Disappointing Data, Healthcare Vote Delayed

Fri, 24 Mar 2017 22:44

The US dollar declined against most of its main counterparts on Friday, even after the greenback rose earlier in the session to its strongest level in 3 days. The decline followed the withdrawal of the highly anticipated Republican healthcare bill from the House of Representatives before a vote that would have decided its future.

EUR/USD Rallies Higher on Positive Eurozone PMI Data and Weak Greenback

EUR/USD Rallies Higher on Positive Eurozone PMI Data and Weak Greenback

Fri, 24 Mar 2017 18:21

The EUR/USD currency pair today rallied higher to hit a 2-day high during the North American session boosted by positive GDP and Markit PMI data from the Eurozone. The currency pair was also affected by the uncertainty surrounding the passing of Donald Trump's healthcare bill by the House, which weakened the greenback.

Japanese Yen Soft Against Euro & Swiss Franc

Japanese Yen Soft Against Euro & Swiss Franc

Fri, 24 Mar 2017 10:34

The Japanese yen was little changed against the US dollar but fell against the euro and the Swiss franc during the current trading session due to unfavorable macroeconomic data and a surprise statement from the Bank of Japan chief.

Commodity Blog

Commodities Technical Analysis, March 27th — March 31st

Sun, 26 Mar 2017 9:36

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 March 26th, 2017:...

Bitcoin Breaks Lower Than $1,000 on Growing Rift Between Developers

Fri, 24 Mar 2017 23:27

The price of Bitcoin moved lower than $1,000 on Friday as the virtual currency continued to face a number of headwinds. The latest came from a conflict between Bitcoin’s developers...

Gold Poised for Second Straight Weekly Gain

Fri, 24 Mar 2017 15:36

Gold futures are trading flat to end the week amid political uncertainty in the US over the Republican Party's healthcare bill. Gold prices are set...

Forex Video Zone

What Is a Japanese Candlestick in Forex Trading?

Sun, 26 Mar 2017 10:55

Candlestick charts are the most common chart types used by retail traders and investors. There are other types of charts such as line charts, bar charts, etc., but they don't tell the story of past price action like candlesticks do. When trading is based on technical analysis, the decision for future price action are made based on how the price has reacted in the past. I find candlesticks...

Daily Forex News and Analysis — March 26th 2017

Sun, 26 Mar 2017 9:18

The EUR/USD went up slightly by 0.14%, closing the week at 1.0798. The GBP/USD decreased in value by 0.38%, closing the week at a 1.2473 exchange rate. With the Brexit just days away, European leaders gathered in Italy on Saturday to emphasize a sense of unity among their respective governments. Noticeably absent was UK Prime Minister Theresa May, as she felt her presence would not have been appropriate. While there...

USD/CAD: Turning Up — Forecast — March 24th 2017

Fri, 24 Mar 2017 15:54

In this video, the Trading Central looks at the currency pair USD/CAD for the March 24th session. USD/CAD — The USD/CAD pair has turned up. Looking at the intraday 30-min chart, we can see that the pair has located a bottom at 1.3315. Intraday technical indicators are pointing to further upward momentum as we can see that the 20-period Moving Average has crossed above the 50-period Moving Average. Also the RSI...