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

  • Niki from Greece writes about GAINSY:

    I am for some time with Gainsy already, the good thing is that through the past year they added more instruments so now I also trade CFDs and index. I may say that broker is within one level by execution orders speed with other major companies. Despi...

  • Harald Kerlin from Germany writes about AAATrade:

    I have been trading with them more than a year now and I never had any major issue since my registration and verification which took several days. They have many assets and their platform is smooth. Customer support is fast and efficient too.

  • Just Ray from Italy writes about Grand Capital:

    I have been with this broker for ages now and for me it is definitely one of the top brokers out there. I would really recommend them if you are looking for a reliable broker where you can use an EA. My EA works perfect with them and I have never had...

  • AvaTrade from Dublin writes about AvaTrade:

    Hello, Vahid!

    Thank you for posting your review.

    I have already contacted you personally via email. The case was investigated when it happened, and it was concluded that there was no technical issue at the time.

    Kind Regards,

    The AvaTrade ...

Forex Blog

Forex Brokers Update — August 19th, 2018

Sun, 19 Aug 2018 14:15

One new company has been listed on during the last two weeks: Evolve Markets — a purely offshore Forex/crypto broker with MT4 and MT5 platforms and very low barrier to start trading. Deposits are accepted via crypto and no documents are required to begin live trading and to withdraw...

Weekly Forex Technical Analysis (Aug 20 — Aug 24)

Sat, 18 Aug 2018 9:52


Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1200 1.1251 1.1344 1.1394 1.1488 1.1538 1.1632

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1261 1.1366 1.1405 1.1510

EUR/USD Gains on Optimism About US-China Trade Talks

Fri, 17 Aug 2018 15:06

EUR/USD rose today, extending its bounce, on reports that the United States and China will resume trade negotiations. While those will be low level exploratory talks, market participants were happy to see that the world's two biggest economies want to find compromise and avoid trade wars....

Forex News

Pound Rallies on Trump’s Fed Criticism Ahead of Brexit Talks

Pound Rallies on Trump’s Fed Criticism Ahead of Brexit Talks

Tue, 21 Aug 2018 12:51

The British pound today extended yesterday's rally against the US dollar following President Trump's criticism of the Fed's interest rate hikes. The GBP/USD currency pair shrugged off concerns regarding the possibility of a no-deal Brexit even as the EU's chief negotiator and the UK's Brexit minister are set to meet later today.

Australian Dollar Mixed After RBA Minutes, Governor Comments

Australian Dollar Mixed After RBA Minutes, Governor Comments

Tue, 21 Aug 2018 12:47

The Australian dollar was mixed today after the Reserve Bank released minutes of its August policy meeting, which did not provide many new insights into the central bank's plans.

Canadian Dollar Flat After Better-Than-Expected Inflation, Traders Eye Retail Sales

Canadian Dollar Flat After Better-Than-Expected Inflation, Traders Eye Retail Sales

Mon, 20 Aug 2018 18:02

The Canadian dollar is looking for direction on Monday after the government reported better-than-expected inflation numbers. Investors will now look ahead to retail sales data later this week, as well as keep a close eye on the US central bank head’s annual speech at Jackson Hole.

Commodity Blog

Gold Poised for Biggest One-Day Gain in August

Mon, 20 Aug 2018 16:59

Gold futures are on track to record their biggest one-day gain in August as the yellow metal tries to return above the crucial $1,200 mark. Gold has...

Commodities Technical Analysis, August 20th — August 24th

Sun, 19 Aug 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 August 19th,...

Crude Oil Gains on Friday, Still Logs Weekly Losses

Fri, 17 Aug 2018 20:54

Crude oil rose on Friday but still posted losses for the third week in a row. One of the biggest problems for the commodity lately were fears of trade wars...

Forex Video Zone

US Dollar Extends Losses in European Trades

Tue, 21 Aug 2018 12:22

Though the Eurozone did not release any significant macroeconomic reports today, the EUR/USD pair managed to reach the highest level in one and half weeks. The most popular currency pair was trading near 1.1540. Technical analysts predict that the price may rise further, targeting the level of 1.1630. The US dollar weakened across the board after Donald Trump criticized the Fed monetary policy and Jerome Powell....

Trump Statement Can Crash USD

Tue, 21 Aug 2018 11:52

Donald Trump gave his viewpoint on the strength of the US dollar and again targeted the Federal Reserve. Demand for the US dollar decreased after US President Donald Trump criticized Fed's Chairman Jerome Powell in an interview with Reuters. The President is not pleased with Powell's intention to pursue the hawkish monetary policy. Interestingly, last year Donald Trump appointed Powell as the central bank's leader. Market...

Bitcoin Forecast — August 20th 2018

Mon, 20 Aug 2018 17:08

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the August 20th session. Bitcoin/USD — We have got a pretty good day, about 3.5% up again. A lot of consolidation, you could make an argument for a bit of a bottoming pattern during the week. as we continue to find support at 6,000. There is not a lot of volume, but not a lot of selling pressure either. So, that is something...