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

  • John from Canada writes about IFC Markets:

    I would like to share my personal experience with IFC Markets. Hope it will help someone to make correct decision in choosing a broker.

    So, my journey with IFC started 2 years ago. They offer fixed spread account which attracted me the most (I had s...

  • Ava Johnson from Netherlands writes about Coinexx:

    Really good broker. After my finpro account was transferred here, I was bit worried how everything will go down, but they supported and helped me throughout the process. I would have to give out huge shout out to the support here who was available ev...

  • IFC Markets Corp. from Cyprus writes about IFC Markets:

    Hello Petr,

    Thank you for your review.

    We would kindly ask you to provide your account details in order to investigate your case and address the issue.

    Best regards,

    IFC Markets Team

  • Nylth Ads from Egypt writes about Forex Optimum:

    It's a fine broker for novice traders. You can find a lot of detailed analysis of the fundamental analysis, strategies, and so on on their website. The company is focused on the success of traders as it takes % of the total turnover on the account fr...

Forex Blog

Forex Brokers Update — February 17th, 2019

Sun, 17 Feb 2019 20:28

One new broker has been added to the list of companies on during the last week: CapitalXP — an unregulated broker based in an offshore jurisdiction, it offers MT4 trading with $250 minimum account size and 1:100 maximum leverage. Updates to the existing brokers included: ...

Weekly Forex Technical Analysis (Feb 18 — Feb 22, 2019)

Sat, 16 Feb 2019 9:47


Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1128 1.1181 1.1236 1.1288 1.1343 1.1396 1.1451

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1182 1.1237 1.1289 1.1344

EUR/USD Bounces After Mixed US Data

Fri, 15 Feb 2019 21:34

EUR/USD was heading lower at the beginning of the Friday's trading session but has bounced later and is now trading near the opening level. Data in the United States was mixed, but it looks like traders paid more attention to bad parts as the currency were moving higher after almost every...

Forex News

Chinese Yuan Gains on Trade Talk Momentum, Trade Data

Chinese Yuan Gains on Trade Talk Momentum, Trade Data

Mon, 18 Feb 2019 19:24

The Chinese yuan is gaining against major currency rivals on Monday as it is being supported by US-China trade talk momentum and better-than-expected January trade data. The yuan’s ascent was capped on disappointing auto sales figures and future industry projections.

Euro Rallies on Trade Talk Hopes, Drops on Shift in Investor Sentiment

Euro Rallies on Trade Talk Hopes, Drops on Shift in Investor Sentiment

Mon, 18 Feb 2019 17:29

The euro today rallied higher against the US dollar driven by investor hopes of a breakthrough in the ongoing Sino-US trade talks and a risk-on market sentiment. The EUR/USD currency pair's performance today was largely driven by market sentiment given that US markets were closed in celebration of Presidents' Day holiday.

Sterling Opens Higher, Continues to Rise vs. US Dollar & Yen

Sterling Opens Higher, Continues to Rise vs. US Dollar & Yen

Mon, 18 Feb 2019 14:31

The Great Britain pound opened sharply higher today. While it has backed off closer to the Friday's close against some peers, the sterling continued to move higher versus such currencies as the US dollar and the Japanese yen.

Commodity Blog

Gold Climbs to Two-Week High on Dollar, Fed Pause

Mon, 18 Feb 2019 18:32

Gold futures are trading at their best levels in two weeks on Presidents’ Day. The yellow metal is benefiting from a wide range of factors to kick...

Commodities Technical Analysis, February 18th — February 22nd

Sun, 17 Feb 2019 10:12

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 February 17th,...

Gold Stabilizes After Dollar Falls on Dismal US Retail Sales

Thu, 14 Feb 2019 17:33

Gold stabilized today after falling earlier. The precious metal reduced its losses after extremely poor US retail sales drove the dollar down...

Forex Video Zone

EUR/USD and GBP/USD Forecast — February 18th 2019

Mon, 18 Feb 2019 15:39

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the February 18th session. EUR/USD &mdash The Friday session saw the markets to turn around and form a bullish hammer candlestick. It shows that there exists plenty of support below. The market is at the bottom of a consolidation zone. With the Fed looking dovish, it looks like this pair could move to the upside, towards the top of this consolidation...

Bitcoin Forecast — February 18th 2019

Mon, 18 Feb 2019 15:29

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the February 18th session. Bitcoin/USD — The Friday session saw the bitcoin market to struggle to rally a bit, but only to roll over after finding resistance at this downtrend line, as you can see. One of the previous session produced a gravestone doji candlestick. The volume has been low lately. Selling on rallies that show signs of exhaustion is...

Gold Forecast — February 18th 2019

Mon, 18 Feb 2019 14:45

In this video, the Trader Guy looks at the commodity, gold for the February 18th session. Gold/USD — The Friday session saw the gold markets to rally quite strongly. The market is trying to overcome this resistance zone from 1,325 to 1,350. So, you can expect a pullback from these levels. However, support exists below at 1,300. A break above 1,350, markets could reach 1,400. As long as the Fed...