Forex Trading Information, Learn About Forex Trading

Latest in Forex

Anton from Ukraine writes about EverFX:
I've already read different opinions about EverFX but I’ve decided to try. So far so good. I haven't found any major problems, any difficulties. Everything is clear and transparent. I got my profit on the debit card account just in a day.
Nathan from France writes about Coinexx:
I've been trading for more than 10 years & have traded with almost a dozen brokers. But I wish Coinexx was there 10 years back. their platforms are good and the spreads are beautiful. The feed quality is especially evident in news time. No spread wid...
Markets Cube Official from Ireland writes about Markets Cube:
Dear Luis! Thank you for your detailed review. Please write us your account number. We will try to solve your problem as soon as possible.
Bets regards, Markets Cube team
Ella Nickels from Japan writes about AAFX Trading:
Many traders recommend different brokers. But I will only recommend AAFX. Since I have only used this broker and have gained excellent trading experience as a trader, the most important thing for me is a secure trading platform. Which I'm getting fro...

Forex Blog

EUR/USD Fails to Bounce as Dollar Remains Supported by Fed

Thu, 18 Oct 2018 15:06

EUR/USD attempted to bounce today after yesterday's drop but failed. The greenback remained supported by the hawkish stance of the Federal Reserve. Macroeconomic reports released in the United States on Thursday were decent, providing additional support to the US currency. Philadelphia Fed manufacturing index fell a bit from 22.9 in September to 22.2 in October....

EUR/USD Dips, Extends Decline After FOMC Minutes

Wed, 17 Oct 2018 21:04

EUR/USD was falling throughout the Wednesday's trading session and continued to move lower after the Federal Open Market Committee released minutes of its September meeting. The fact that all members of the Committee unanimously voted for an interest rate hike boosted bets on an additional hike in December. Housing starts were at the seasonally...

EUR/USD Retreats After Rallying Earlier on Tuesday

Tue, 16 Oct 2018 21:27

EUR/USD rallied on Tuesday but was heading to end the session flat. While the currency pair got boost from the dollar's weakness caused by the positive market sentiment, it looks like optimism slowly eroded. US macroeconomic releases added to the downside momentum as basically all US indicators were better...

Forex News

Chinese Yuan Jumps Despite Growth at Slowest Pace Since 2009

Fri, 19 Oct 2018 16:06

The Chinese yuan is rallying against its American counterpart at the end of the trading week, despite the national economy growing at its slowest pace in about a decade. As the US-China trade war intensifies, there are fears that the economy could cool down even more.

NZD & AUD Firm Despite China's GDP Miss

Fri, 19 Oct 2018 11:29

The New Zealand dollar, as well as its Australian counterpart, was strong today. The currencies rose against their most-traded rivals even as economic growth in China, the biggest trading partner of both New Zealand and Australia, was slower than expected.

US Dollar Gains on Fed Hikes Speculations, Positive Data

Thu, 18 Oct 2018 18:03

The US dollar was rather strong today, though it was unable to outperform safer currencies like the Japanese yen and the Swiss franc. The greenback was also surprisingly weak against the Australian and New Zealand dollars intraday but managed to rebound by now.

Commodity Blog

BTCUSD Under Bearish Pressure as USMS Plans to Auction 660 Bitcoins

Fri, 19 Oct 2018 15:54

The US Marshals Service (USMS) has made plans to auction $4.3 million worth of Bitcoin (BTC) in November 2018. The ...

Gold Eyes Narrow Weekly Gain As Weaker Equities Lift Metals

Fri, 19 Oct 2018 15:06

Gold futures are on track for their third consecutively weekly gain as metal commodities were lifted by weaker global financial markets. As investors sought refuge...

Gold Gains, Other Metals Fare Far Worse After Fed Minutes

Thu, 18 Oct 2018 18:49

The market of metals demonstrated mixed performance today as gold gained, while palladium was flat, silver and platinum fell, and copper showed especially big losses....

Forex Video Zone

How to Recognize Forex Trends in a Second

Fri, 19 Oct 2018 16:45

In this video, you will look at a forex strategy that makes it easy for beginner forex traders to recognize trends and counter trends quickly. There is an old saying, the trend is your friend. If you can recognize trends on your chart, you can capture good price movements in the market and maximize on profit, thereby maintaining a good risk to reward ratio on your trades. On your MetaTrader platform,...

Candlestick Pattern — Bearish Engulfing Formation

Fri, 19 Oct 2018 16:04

In this video, you will learn about the bearish engulfing pattern. This is a bearish reversal pattern, observed at the top of an existing uptrend. This pattern becomes highly probable when played with confluence like overbought conditions and key resistance level. The first candlestick in this pattern is a green or a bullish candlestick. The next candlestick opens higher and turns downwards due to selling pressure and closes completely engulfing the body of the previous...

Recap of European Trades: EUR, and GBP

Fri, 19 Oct 2018 14:29

The euro is going through selling pressure at the moment. This is due to budget issues in Italy and the headlines surrounding the Brexit scenario. The EUR/USD pair is trading at 1.1440. The trade balance report released from the eurozone looks positive. Also the United Kingdom released macroeconomic data which also looked positive. However, the pound is going through a bearish pressure at the moment. The GBP/USD pair is trading at 1.3020....