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 (as of April 2016). 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. Everyone can participate in foreign exchange trading via the Forex brokers.

You can start learning to trade by going through our free Forex course. You can also join a friendly community of traders at the Forex forum.

Latest in Forex

  • Samuel Bonson from Switzerland writes about Admiral Markets:

    I am a part-time trader for many years now. I have had good and bad experiences with different brokers. One thing that I hate is waiting for replies. Admiral Markets is very fast in providing support so I really appreciate that. On top, I consider th...

  • trootler from Odessa writes about FreshForex:

    I trade with them using my own trading system based on the fusion of Ichimoku indicator and some other patterns on more than 20 different instruments at once, as the trading system doesn't give many signals. I can say that platform shows stable wor...

  • jay from philippines writes about AvaTrade:

    hi, im jay, a trader from avatrade with account numbers 21--929 and 21--744, I experienced serious application malfunction or an app crash, I lost money because the application wont allow me to log in with the specific times when my account could be ...

  • Carlos Alberto from Uruguay (current South Africa) writes about AvaTrade:

    A little after I registered to a demo avatrade account I got a call from my account manager, who explained everything to me and cleared some fears and doubts I had. After 2 weeks I upgraded to a real account, and again the same account manager called...

Forex Blog

Forex Brokers Update — May 28th, 2017

Sun, 28 May 2017 9:59

The last two weeks included the following updates to the companies listed in the brokers section of EarnForex.com: Binary.com now supports trading cryptocurrencies (Bitcoin on 1:3 leverage) via its MetaTrader 5 platform. AvaTrade now supports a whole range of cryptocurrencies for trading (including Bitcoin, Litecoin, Ethereum, Ripple, and Dash) with the maximum...

Weekly Forex Technical Analysis (May 29 — Jun 2)

Sat, 27 May 2017 9:06

EUR/USD

Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1025 1.1093 1.1133 1.1201 1.1241 1.1308 1.1349

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1086 1.1119 1.1194 1.1227
...

EUR/USD Extends Move Down Following Positive Revision of US GDP

Fri, 26 May 2017 14:38

EUR/USD was falling today and extended its decline following the upward revision of US gross domestic product. While the currency pair halted the drop for now, it is too early to tell whether that was just a short pause or a more significant bounce. US GDP rose 1.2% in Q1 ...

Forex News

Dollar Ends Week Relatively Subdued

Dollar Ends Week Relatively Subdued

Sat, 27 May 2017 20:00

The US dollar ended this week's mostly flat due to the mixed minutes of the latest meeting of the Federal Open Market Committee. The greenback was far from being the weakest currency, though, as the Great Britain pound logged even bigger losses, mostly due to politics.

British Pound Weakens Against US Dollar amid UK Politics and Strong US Data

British Pound Weakens Against US Dollar amid UK Politics and Strong US Data

Fri, 26 May 2017 15:43

The British pound today came under increased selling pressure after the release of positive US GDP data by the Bureau of Economic Analysis as well as personal consumption data. The British pound was under intense selling pressure today as UK politics take center stage given that the Conservative Party has lost significant ground against the Labor Party.

CAD Gains on USD, Other Majors as Oil Prices Stabilize

CAD Gains on USD, Other Majors as Oil Prices Stabilize

Fri, 26 May 2017 15:32

The Canadian dollar rallied against its major peers (including the US dollar, which itself was strong) during the current trading session after prices for crude oil stabilized following the initial sell-off. With that said, the loonie failed to beat the very firm Japanese yen.

Commodity Blog

Commodities Technical Analysis, May 29th — June 2nd

Sun, 28 May 2017 9:23

The technical analysis, that includes the indicators’ data and major pivot points for WTI Oil, Gold, Silver and Copper as traded on spot market as of May 28th, 2017:...

Bitcoin Loses More Than $300 on Strong Volatility, Remains Above $2,000

Fri, 26 May 2017 18:08

The price of Bitcoin had a volatile day on Friday, a single day after the digital currency reached a new...

Political Uncertainty, Weaker US Dollar Help Gold Record Third Weekly Gain

Fri, 26 May 2017 17:14

Gold futures are ending the final trading session of the week higher. Thanks to political uncertainty and a weaker US...

Forex Video Zone

Gold and the Bank of England

Sun, 28 May 2017 12:13

Hi, my name is Mary, and I work for the Bank of England. Today, I am going to tell you about gold. In early times, gold was used as money. It has an intrinsic value and it is hard to damage or forge. Though gold is no longer used as money, it continues to be prized for its value, and it used for investment worldwide. The Bank of England keeps around 400,000 gold...

Daily Forex News and Analysis — May 28th 2017

Sun, 28 May 2017 11:48

The EUR/USD pair fell by 0.24%, closing the week at 1.1183. The GBP/USD pair dropped by 1.07%, closing the week at 1.2804 exchange rate. British Airways experienced a massive computer failure on Saturday, causing the airline's systems to cancel most of its flights and leaving many passengers stranded. As of this morning, some IT services have returned and long haul flights are scheduled to operate as normal. It remains unclear at this point how...

USD/JPY and AUD/USD Forecast — May 26th 2017

Fri, 26 May 2017 15:04

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the May 26th session. USD/JPY — As you can see, we rallied a bit during the day with 112.00 offering resistance. If we can break above 112.50, then the market can go higher. Ultimately, I think if we can break down below the 110.00 level, then we fill the gap and go to 109.00. This is...