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

Forex Blog

EUR/USD Formed Symmetrical Triangle on Daily Chart

Sun, 22 Jul 2018 14:52

The consolidation phase, which the EUR/USD currency pair has entered following a rapid downtrend in April, lasts for quite a long time now. Its apparent symmetrical triangle form promises an interesting opportunity for shorting EUR/USD once the downside breakout occurs. You can see the sides of the triangle marked with the yellow ...

Forex Brokers Update — July 22nd, 2018

Sun, 22 Jul 2018 11:19

No new brokers have been added during the last two weeks. Here is the list of updates to the list of Forex brokers that happened during the period: FXGlory is no longer regulated in Georgia. The company closed its offices there and in Bulgaria, but opened offices in Cyprus, the United Kingdom, the United...

Weekly Forex Technical Analysis (Jul 23 — Jul 27)

Sat, 21 Jul 2018 9:52

EUR/USD

Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1446 1.1510 1.1616 1.1680 1.1785 1.1850 1.1955

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1520 1.1636 1.1690 1.1806
...

Forex News

Euro Starts Week on Soft Footing

Euro Starts Week on Soft Footing

Mon, 23 Jul 2018 16:52

The euro was rather soft today, falling against most other major currencies. The possible reason for the weak performance was concern about the health of the European economy.

Strength of Swiss Franc Signals About Risk Aversion on Forex Market

Strength of Swiss Franc Signals About Risk Aversion on Forex Market

Mon, 23 Jul 2018 11:43

The Swiss franc was relatively strong today, rising against such currencies as the US dollar and the euro, though not the Great Britain pound and the Japanese yen.

Yen Strongest on Monday, Boosted by JGB Yields & BoJ Speculations

Yen Strongest on Monday, Boosted by JGB Yields & BoJ Speculations

Mon, 23 Jul 2018 11:29

The Japanese yen was the strongest major currency today, rising against all of its most-traded peers.

Commodity Blog

Gold Inches Closer to $1,200 As Market Shorts Yellow Metal

Mon, 23 Jul 2018 14:59

Gold futures are inching closer to $1,200 as the market continues to short the precious metal. Despite a myriad of events occurring in the world that would make gold...

Commodities Technical Analysis, July 23rd — July 27th

Sun, 22 Jul 2018 10:17

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 July 22nd,...

Natural Gas Tries to Find Direction After Smaller-Than-Expected Jump in Supplies

Thu, 19 Jul 2018 15:08

Natural gas futures are trying to find direction on Thursday after the US government reported a smaller-than-expected increase in domestic stockpiles. Natural gas prices...

Forex Video Zone

Trade War Evolves into Currency Battle

Mon, 23 Jul 2018 14:30

Trade wars are setting the tone for trading sentiment on forex. The EUR/USD pair spiked above the psychological level of 1.17 in the early European session. Later, the most popular currency pair entered into the consolidation phase between 1.17 and 1.1740 amid robust activity of European traders. The euro gained ground entirely thanks to the weakness of the greenback. Traders are still speculating on Trump's interview to CNBC. The US leader voiced...

Two Types of Forex Market Analysis

Mon, 23 Jul 2018 14:15

Forex market analysis is used to analyze and develop ideas to trade in the market. There are two types of market analysis in the forex trading. Technical analyis is a type of analysis where a trader uses charts and numbers to predict the future price. The second one is the fundamental analysis. It is an act of analyzing political, economic, and social occurences that might affect the supply and demand. In short, it...

Bitcoin Forecast — July 23rd 2018

Mon, 23 Jul 2018 13:48

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the June 23rd session. Bitcoin/USD — As you can see, bitcoin has tried to rally a bit during the day, but failed again at 7,600, and now has formed a shooting star for the last two or three days. I think that signifies we got ahead of ourselves. We could probably go down to 1,600 before we find the significant...