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

  • Mark Vasserman from Russian Federation writes about AAFX Trading:

    Despite that fact Aafx Trading is not the most famous and well-known broker, this is a reliable company, to start your path on Forex. I think that one of the main advantages of the broker - bundle of the leverage 1:2000 and a minimum deposit of 100 d...

  • Grodeczkiy Teofil from Poland writes about AAFX Trading:

    I think that the broker has a space to grow, but the company is already worthy of attention. AAFX will be hard to attract new clients because all the newcomers are trying to choose the market leader, which is logical, and AAFX is not being such yet. ...

  • Mario G from Chile writes about ForexChief:

    Everything that is given the investment in the internet I learned from my aunt's husband, when I'm out of work I think of it as an option, and that's how I got forexchief, it helped me a lot to have a good broker in my beginnings, I still use it and ...

  • Ibrahim from Australia writes about PaxForex:

    This is a great full stop broker. Regulated, and seems safe and honest.

    I just had some great help with Levi, I was very pleased and I recommend this broker especially if you're in Australia, but also around the world. Just so glad to have somethin...

Forex Blog

EUR/USD Rises in Post-Holiday Light Trading

Mon, 22 Apr 2019 14:33

Markets opened after the Easter holiday, but there were few events to move them. The only macroeconomic indicator released in the United States today missed expectations, and it may be partially responsible for today's rally of EUR/USD. Existing home sales were at the seasonally adjusted annual rate of 5.21 million...

Forex Brokers Update — April 21st, 2019

Sun, 21 Apr 2019 7:57

The last three weeks have gone without new listings on, but there were the following updates on the listed brokers: RoboForex no longer offers Autochartist. Removed Fix-Standard and Fix-Affiliate account types. IQ Option now accepts UnionPay, Perfect Money, and WeChat as payment options. Lowered the minimum account...

Weekly Forex Technical Analysis (Apr 22 — Apr 26, 2019)

Sat, 20 Apr 2019 9:49


Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1104 1.1165 1.1202 1.1263 1.1300 1.1360 1.1397

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1159 1.1190 1.1257 1.1288

Forex News

Norwegian Krone Follows Crude Oil in Rally

Norwegian Krone Follows Crude Oil in Rally

Mon, 22 Apr 2019 12:27

The Norwegian krone gained today as the rally of crude oil boosted currencies of oil exporting nations.

Canadian Dollar Rises with Crude Oil, Gains Capped by BoC Worries

Canadian Dollar Rises with Crude Oil, Gains Capped by BoC Worries

Mon, 22 Apr 2019 12:05

The Canadian dollar gained against other most-traded currencies today thanks to a big rally of crude oil. But gains were limited as market participants were waiting for the monetary policy decision of Canada's central bank later this week.

USD/SEK Edges Higher Ahead of This Week's Riksbank Meeting

USD/SEK Edges Higher Ahead of This Week's Riksbank Meeting

Mon, 22 Apr 2019 10:49

The Swedish krona fell against the US dollar a bit today ahead of this week's monetary policy meeting of Sweden's central bank.

Commodity Blog

Video: Weekly Commodity Forecast – Gold, Silver, Platinum & Oil Price for 22 – 26 April 2019

Mon, 22 Apr 2019 13:03

The present video provides outlook for crude oil, platinum, palladium, gold, and silver for the week of April 22–26, 2019. It starts with discussing performance of the commodities...

Crude Oil Jumps More than 2% as US Ends Iran Sanction Waivers

Mon, 22 Apr 2019 11:18

Futures for crude oil jumped more than 2% today on the news that the United States plan to end the Iran sanctions waivers. While the USA...

Commodities Technical Analysis, April 22nd — April 26th

Sun, 21 Apr 2019 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 April 21st,...

Forex Video Zone

EUR/USD and GBP/USD Forecast — April 22nd 2019

Mon, 22 Apr 2019 15:06

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the April 22nd session. EUR/USD — In the absence of volume due to Good Friday celebrations, the market was slightly bearish on Friday session. The market is trading close to the 1.12 level, which is supportive, and is the bottom of this consolidation zone. You can look at 1.14 as the top of this consolidation. A break below 1.12 is very bearish for this...

USD/MXN Forecast — April 22nd 2019

Mon, 22 Apr 2019 14:55

In this video, the Trader Guy looks at the USD/MXN pair for the April 22nd session. USD/MXN — The Friday session saw the market to lose value against the Mexican peso. But the market had low volume due to Good Friday celebrations. A break below the current level is bearish and the market could reach down towards the 18.50 level, to the downside. Both the 50-day EMA and the 200-day EMA are pointing downwards. So, you...

Gold Forecast — April 22nd 2019

Mon, 22 Apr 2019 14:43

In this video, the Trader Guy looks at the commodity, gold for the April 22nd session. Gold/USD — Gold market saw little volume due to Good Friday celebrations on Friday session. A break of the neckline of this head and shoulders pattern is bearish and the market could reach down towards the 1,250 level. It looks like the greenback is gaining strength. So, this market could go lower. However,...