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

  • vahid from Turkey writes about AvaTrade:

    hello

    i warn they are scam .

    my name is vahid jazayeri arab and my account number is 6480130 in ava trade broker .

    I had buy currency pair EUR TRY 3 lot and my target was 5.5800 .at 2018/07/09 market reached my target ,but they server has bee...

  • Ludwick from Turkey writes about AccentForex:

    Each broker has its pros and cons. But for me the main thing is earnings and output. Because trade is my main earnings. In terms of output the accent is good. I always withdraw money for a max of two days. At the moment I see the company is changing....

  • dyna park from Belgium writes about Coinexx:

    Just started using them. Its going good so far. Opened my live account, was able to transfer BTC instantly to my ac. The process was smooth.. so decided to test the withdrawal. I made a quick withdrawal as soon as I made sum bucks to test and yaa it...

  • Jack from Toulouse writes about IFC Markets:

    Perhaps IFC is the best broker I have worked with. It is not easy to find a negative feature of the company. A wide choice of instruments, good platforms to choose from and decent conditions – that is all you need for trading.

Forex Blog

Weekly Forex Technical Analysis (Aug 13 — Aug 17)

Sat, 11 Aug 2018 9:51

EUR/USD

Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1083 1.1236 1.1323 1.1476 1.1563 1.1716 1.1803

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1219 1.1291 1.1459 1.1531
...

US Sanctions on Turkey Drive EUR/USD Down

Fri, 10 Aug 2018 18:27

EUR/USD dropped to the lowest level in a year today on concerns that the negative impact of US sanctions against Turkey can spill over to the European banking system, which has strong exposure to Turkish assets. Positive US inflation data also weighed on the currency pair. US CPI rose 0.2% in July...

EUR/USD Falls Despite US PPI Missing Forecasts

Thu, 9 Aug 2018 14:53

EUR/USD declined today even as US producer inflation missed expectations. Consumer inflation data will be released tomorrow, and if it fails to meet expectations as well, that would bode ill for the US currency. PPI showed no change in July, whereas experts had predicted an increase by 0.2%. The index...

Forex News

Indonesian Rupiah Stable After Central Bank Raises Interest Rates

Indonesian Rupiah Stable After Central Bank Raises Interest Rates

Wed, 15 Aug 2018 19:18

The Indonesian rupiah rose a bit against the US dollar today after Indonesia's central bank raised interest rates to stop the drop of the currency.

Turkish Lira Continues to Recover, Boosted by Qatar Investment

Turkish Lira Continues to Recover, Boosted by Qatar Investment

Wed, 15 Aug 2018 18:53

The Turkish lira continued to recover, rising for the third straight trading session against the US dollar and the euro today.

Chinese Yuan Hovers Around Lowest Level Since May 2017

Chinese Yuan Hovers Around Lowest Level Since May 2017

Wed, 15 Aug 2018 17:24

The Chinese yuan is hovering around its lowest level since May 2017 on Wednesday as the equities market plunged, US-China trade tensions escalated, and investors continued to sell off their yuan holdings this week.

Commodity Blog

Soybeans Add to Losses Despite US Shipments to China

Wed, 15 Aug 2018 15:28

Soybean futures are adding to their losses midweek, despite US shipments of the commodity entering China. Investors are also paying attention to reports that...

Clashing Fundamentals Keep Crude Oil from Rebounding

Tue, 14 Aug 2018 18:54

Futures for crude oil traded almost flat today amid clashing fundamentals, though just recently they have went down. On the positive side, the market...

Copper Slides 1% on Disappointing Chinese Economic Data

Tue, 14 Aug 2018 14:04

Copper futures are sliding more than 1% on Tuesday after disappointing Chinese economic data suggested that demand for the industrial metal will decline....

Forex Video Zone

Investors Rush to Buy USD

Wed, 15 Aug 2018 16:53

On Wednesday at the opening of the American trading session, the US dollar continues moving upwards. Concerns over the consequences of the financial crisis in Turkey contribute to the greenback's rally. Escalation of the trade conflict with the United States makes safe haven more attractive to investors. Particularly, 10-year bonds are in high demand, which provides support to the US dollar. The Turkish Vice President said on Wednsday that an increase in tariffs is a counter measure to Donald Trump's...

UK Inflation Data Makes no Difference

Wed, 15 Aug 2018 16:20

The investor sentiment has barely changed and traders continue to buy the US dollar. The most popular currency pair is approaching the level of 1.13, coming closer to the yearly high. Today, the Eurozone will not release any key economic reports, so the single European currency is trading lower against the greenback. The more so, market participants pay little attention to macroeconomic statistics. They prefer to buy safe haven assets...

USD Hits 13-Month High

Wed, 15 Aug 2018 15:55

Today, the US dollar remains trading at a 13-month high against the basket of major currencies amid lingering tensions between the US, Turkey, and other countries. The US dollar index touched 96.80. The US currency is winning favor with investors because the greenback is higher yielding than other safe haven currencies. On Friday, the US President Donald Trump announced the decision to double steel and aluminium tariffs on Turkey. In response, Ankara...