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

  • PauL from France writes about AAFX Trading:

    I’ve just started to trade with AAFX on the real account. I was happy about the bonus of 35% on my first deposit. I’m a newbie; the trading is going differently. Even if I trade and break, then at a certain point I can withdraw 350 dollars of income!...

  • Rosemarie Ingram from UK writes about ForexChief:

    I can not believe that people usually do not look for more options to be able to free themselves economically, I enter the forex investment in looking to improve my income and this is what I have been doing with forexchief

  • Alex writes about Forex Optimum:

    I trade on a cent account for only 2 weeks. During this time, I managed to earn a dollar) Yesterday I decided to check whether they do withdraw money. Today I received them to my account. They withdrew is in up to 24 hours. And there’s no commission....

  • Kvon Dmitriy from Russia writes about JCMFX:

    I opened my trading account 10001234 with broker JCMFX on March 6, 2019. I made a deposit of 130 dollars. Last year I already traded with this broker on MT4. He had a rule: the order must be on the market for at least 2 minutes. On a new trading acco...

Forex Blog

Weekly Forex Technical Analysis (Jun 17 — Jun 21, 2019)

Sun, 16 Jun 2019 11:24


Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1020 1.1111 1.1161 1.1252 1.1302 1.1393 1.1443

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1100 1.1140 1.1241 1.1281

Forex Brokers Update — June 16th, 2019

Sun, 16 Jun 2019 7:59

No new brokers appeared on this week, just a few updates to the listed companies: AvaTrade now accepts Boleto, FasaPay, and UnionPay for payments. МТ5 demo accounts are now available. Traders can also keep account balance in Australian dollar, Japanese yen, Swiss franc, and Great Britain pound....

EUR/USD Sinks After US Retail Sales, Industrial Production

Fri, 14 Jun 2019 15:11

EUR/USD sank today even as US retail sales missed expectations. But the miss was small and the core components came out within expectations. Furthermore, both the headline and underline figures for the preceding month got a positive revision. And on top of that, industrial production beat forecasts. The positive data eased concerns that...

Forex News

The Descending Trend on USD/JPY Awaits Confirmation

The Descending Trend on USD/JPY Awaits Confirmation

Mon, 17 Jun 2019 11:03

The price is above an important support area, but it does not seem to be willing any appreciation. The descending channel might give the explanation.

Rupee Falls After India Announces Tariffs on US Goods

Rupee Falls After India Announces Tariffs on US Goods

Mon, 17 Jun 2019 10:39

The Indian rupee fell against the US dollar today after India decided to enter a trade war with the United States.

Great Britain Pound Attempts to Recover After Starting Session Weak

Great Britain Pound Attempts to Recover After Starting Session Weak

Mon, 17 Jun 2019 10:16

The Great Britain pound is currently attempting to recover after starting trading very weak. The sterling was soft due to the downgrade of economic forecasts and persisting concerns about probability of a "hard" Brexit.

Commodity Blog

Bitcoin Prices Soar to $9,000 on Facebook and Binance News

Sun, 16 Jun 2019 22:45

The world's largest cryptocurrency, Bitcoin, saw its prices rise to more than $9,300 on Sunday, representing a new 2019 high...

Double Bottom on Daily Chart of WTI Crude Oil as of 2019-06-16

Sun, 16 Jun 2019 21:08

A double bottom pattern has formed on the daily chart of WTI crude oil. The pattern forms after prices test a support level and fail to break it....

Commodities Technical Analysis, June 17th — June 21st

Sun, 16 Jun 2019 10:10

The technical analysis, that includes the indicator data and major pivot points for WTI Oil, Gold, Silver, Copper, and Natural Gas in continuous charts as of June 16th,...

Forex Video Zone

EUR/USD and GBP/USD Forecast — June 17th 2019

Mon, 17 Jun 2019 16:21

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the June 17th session. EUR/USD — The market broke below the 50-day EMA on Friday. You can make an argument for a potential "W" pattern The 1.12 level is offering support at the moment. Due to the soft stance of the Fed in terms of monetary policy, it looks like this market has found the bottom. To the downside, the market could look...

USD/MXN Forecast — June 17th 2019

Mon, 17 Jun 2019 16:03

In this video, the Trader Guy looks at the USD/ZAR pair for the June 17th session. USD/MXN — The market is sitting at the spot, where it broke to the upside of this descending wedge pattern. So, the market is testing for support here. However, the 50-day EMA above could offer resistance. This pair is correlated with Crude oil. If the oil market rallies, then the peso will strengthen against the greenback. This...

Gold Forecast — June 17th 2019

Mon, 17 Jun 2019 15:52

In this video, the Trader Guy looks at the commodity, gold for the June 17th session. Gold/USD — Initially, the market rallied strongly on Friday session, but then fell back aggressively to form a shooting star candlestick on the daily chart. A break below the bottom of this shooting star is a bearish sign and the market could head down towards the 1,325 level., which is the bottom of this little range. A break...