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

  • regaura from Odessa writes about FreshForex:

    I trade with FreshForex couple of months. What I noticed immediately is client support policy for both registered and new clients. My previous broker didn't offer so many educational materials or bonuses. I was pleasantly surprise that everything is ...

  • Fatma M from Egypt writes about ThinkMarkets:


    I have traded with ThinkMarkets few months ago, and made some profits, then all of a sudden they cancelled 17,000 USD of my profits claiming that i have violated the TOS.

    I h...

  • Marty from USA writes about PaxForex:

    Falsely advertising intant orders when its actually market based. The deviation setting is only there to look at. On their website and other forex info sites they are instant execution. Lies!!! Lost my money on buy orders set on usd/cad for news even...

  • Alpari writes about Alpari:

    Hello, Peter! We have no any troubles with a withdrawal. Please specify your myAlpari number (send it please by email Also send us your screenshots. We will solve this issue as soon as possible and provide you with the public answe...

Forex Blog

EUR/USD Currency Pair Acts in Contradiction to Macroeconomic Data

Tue, 24 Apr 2018 14:44

EUR/USD acted in contradiction to economic reports released during the current trading session. The currency started its rally after the surprisingly weak German Ifo Business Climate (event A on the chart) and continued to rise even as US data was good for the most part. The possible reason for such a weird behavior was profit-taking after...

EUR/USD Down for Third Day as US Treasury Yield Surges

Mon, 23 Apr 2018 14:38

EUR/USD fell today, declining for the third consecutive trading session. Market analysts explained the dollar's strength by the surging yield for 10-year US Treasuries, though bets on an interest rate hike from the Federal Reserve in June were certainly helping the currency as well. US macroeconomic reports released today were...

Weekly Forex Technical Analysis (Apr 23 — Apr 27)

Sat, 21 Apr 2018 9:50


Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.2056 1.2153 1.2220 1.2317 1.2384 1.2481 1.2548

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.2145 1.2205 1.2309 1.2369

Forex News

Pound Rallies Higher Boosted by Improved Public Sector Finances

Pound Rallies Higher Boosted by Improved Public Sector Finances

Tue, 24 Apr 2018 16:58

The British pound today rallied slightly against the US dollar following the release of upbeat UK public sector finances report early in the European session. The GBP/USD currency pair was on track to reverse the massive decline that occurred during the last 5 trading sessions where the pair lost over 450 points.

New Zealand Dollar Weakest Major Currency During Tuesday Trading

New Zealand Dollar Weakest Major Currency During Tuesday Trading

Tue, 24 Apr 2018 9:49

The New Zealand dollar was the weakest major currency today, falling for the sixth straight trading session versus the US dollar and for eighth versus the euro and the extremely weak Japanese yen (which was the second weakest).

Australian Dollar Bounces After Release of CPI Reports

Australian Dollar Bounces After Release of CPI Reports

Tue, 24 Apr 2018 9:40

The Australian dollar fell intraday during the current trading session but bounced after the release of inflation reports even though the data was not particularly supportive.

Commodity Blog

Copper Futures Firm amid Soft Chinese Demand, Strong Supplies

Tue, 24 Apr 2018 16:49

Copper futures rose as much as 1% on Tuesday as a myriad of news stories affected the industrial metal. Investors weighed a variety of factors, including protectionist trade policies,...

US Rusal Reprieve Sees Aluminium Prices Fall

Tue, 24 Apr 2018 16:06

Aluminum prices continued their decline on Tuesday, following on from record falls on Monday. The base metal fell 7% yesterday and had slipped a further 3%...

Brent Crude Tops $75, WTI Oil Joins Rally

Tue, 24 Apr 2018 10:26

Futures for the Brent grade of crude oil topped the $75 level today before retreating below it later. Prices for WTI crude rose as well. The main...

Forex Video Zone

Cryptocurrency Market Regains Bullish Momentum

Tue, 24 Apr 2018 17:21

The cryptocurrency market also attracts the attention of the traders this week. The virtual money advances, hitting 6-week high. Bitcoin quotes added about 4% breaking the level of $9,000. Experts predict that this cryptocurrency can reach as high as $9,500. The cryptocurrency with the second biggest capitalization, the ethereum, also rose by almost 6%, approaching the level of $690. Remarkably, market participants became less sensitive to decisions of most...

Bitcoin Forecast — April 24th 2018

Tue, 24 Apr 2018 14:55

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the April 24th session. Bitcoin/USD — As you can see, absolutely nothing has happened on Monday. It looks like 8,800 is basically the fulcrum that we are messing with right now. I think if we can break above 9,000, we could go to 10,000. But that is an area that is going to be...

EUR and GBP Holding Lower in European Trades

Tue, 24 Apr 2018 14:20

The euro has been declining against the greenback for quite a long time now. Market participants are awaiting the upcoming monetary policy meeting of the ECB. Comments by Mario Draghi will shape further dynamics of the EUR/USD pair. Today, the pair is trading at 1.22 level. Lately, macroeconomic statistics has been failing to provide the single European currency with any support. The preliminary data on business activity in the eurozone turned out to be...