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

  • Marko from Romania writes about IFC Markets:

    Good and reliable company. First of all, I advise to trade with IFC Markets to stock traders. There are many companies introduced. There is also a very interesting thing – PCI method that allows you to increase or decrease volatility by creating your...

  • Mohammad Al Jasser from Saudi Arabia writes about One Global Market:

    no issue in withdrawal/deposit of my money with OGM.

    It makes me feel secure as I myself is an experienced pamm investor and I always prioritize on a broker reputation and service/support before investing.

  • John Kimmel from United Kingdom writes about One Global Market:

    Honestly this has to be the best broker I have worked with. Never had a problem with the platform or the broker in general. Their support team is always available and so supportive. What makes them the best to me is that they are 100% genuine and my ...

  • Andriy Boiko from Bulgaria writes about Coinexx:

    Signed up with coinexx few months back for the sake of testing a new broker. but after trading with them, decided to keep them as well as one of my brokers. Fast forward 4 months, the broker has been consistently delivering on good conditions sply sp...

Forex Blog

EUR/USD Little Changed Despite Disappointing Eurozone Inflation, Positive US Data

Thu, 17 Jan 2019 18:45

EUR/USD was little changed today even after the inflation print released in the eurozone came out below expectations (event A on the chart), while US macroeconomic indicators surprised positively. Philadelphia Fed manufacturing index jumped from the revised reading of 9.1 in December to 17.0 in January. Analysts had...

EUR/USD Declines for Fourth Day in Five

Wed, 16 Jan 2019 23:06

EUR/USD declined today, falling for the fourth session in five. Some market analysts explained the gains of the dollar against the euro by rising Treasury yields, while others pointed at the pessimistic outlook for the eurozone economy as the reason for the decline of the currency pair. Both import and export prices fell in December. Import prices declined 1.0% following...

EUR/USD Crashes as German Economy Slows, Brexit Vote Starts

Tue, 15 Jan 2019 19:31

EUR/USD crashed today. There were a couple of likely causes of the crash: slowing growth of the German economy and the Brexit vote in the British parliament. The currency pair tumbled even as US macroeconomic data was disappointing. Talking about US data, there will be fewer releases than usual in the near future due...

Forex News

Pound Trades Strongest After Theresa May Wins Confidence Vote

Pound Trades Strongest After Theresa May Wins Confidence Vote

Thu, 17 Jan 2019 21:39

The Great Britain pound was the strongest major currency on the Forex market during Thursday's trading after UK Prime Minister Theresa May won the confidence vote on Wednesday.

Japanese Yen Rises As BOJ Keeps Rosy Economic Picture

Japanese Yen Rises As BOJ Keeps Rosy Economic Picture

Thu, 17 Jan 2019 18:06

The Japanese yen is gaining against its major currency rivals on Thursday as reports suggest that the Bank of Japan (BOJ) will maintain a bright view of the national economy, despite a myriad of factors suggesting that Tokyo is expected to record disappointing data.

Euro Trades Sideways Despite In-Line Eurozone Inflation Data

Euro Trades Sideways Despite In-Line Eurozone Inflation Data

Thu, 17 Jan 2019 15:58

The euro today traded in a tight range against the US dollar amid a market that was largely stable and lacked volatility. The release of upbeat data from the US docket in the early American session saw the EUR/USD currency pair come under intense selling pressure.

Commodity Blog

Natural Gas Surges 4% on Big Drop in US Supplies, Brutal Cold

Thu, 17 Jan 2019 16:12

Natural gas futures surged as much as 4% on Thursday after the US government reported a steep decline in domestic inventories of the energy supply. Natural gas prices...

US Crude Prices Fall on Surging Fuel Stockpiles

Wed, 16 Jan 2019 16:15

US crude oil futures are tumbling midweek after the US government reported a bigger-than-expected decline in domestic inventories. But falling oil prices...

Copper Pares Early Gains on 'Little Progress' in US-China Trade Talks

Tue, 15 Jan 2019 16:11

Copper futures are paring their early gains on Tuesday after it was reported that negotiators saw "little progress" in US-China trade...

Forex Video Zone

Gold Forecast — January 17th 2019

Thu, 17 Jan 2019 11:53

In this video, the Trader Guy looks at the commodity, gold for the January 17th session. Gold/USD — Gold is going through a consolidation at the moment with 1,300 as top and 1,280 as bottom. Whenever the markets fall, then buyers step in and support it. It looks like the break of this trendline is likely. The market is at the top of the ascending channel. The 20-day EMA below looks supportive. You can...

Bitcoin Forecast — January 17th 2019

Thu, 17 Jan 2019 11:51

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the January 17th session. Bitcoin/USD — Wednesday session saw the markets lacking volatility. The markets attempted to rally but the 20-day EMA offered resistance. The next target could be 3,500. If this level breaks, then the next target is 3,000. You have a confluence at the 4,000 level, where the downtrend line and the 20-day EMA are offering resistance....

Daily Market Roundup — January 17th 2019

Thu, 17 Jan 2019 11:49

The market looks less volatile with the greenback looking bullish and the kisi looking bearish. The EUR/USD pair looks bearish and faces resistance at 1.1460. The resistance levels are 1.1416, 1.1486, and 1.1540. The support levels are 1.1306, 1.1256, and 1.1150. The USD/JPY pair is showing a bullish sentiment and faces resistance at 109.08. The resistance levels are 109.08, 109.49, and 110.04. The support levels are 108.75, 108.34, and 106.02 The GBP/USD pair looks bullish...