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

EUR/USD Goes Higher After FOMC Minutes

Wed, 24 May 2017 19:13

Today, the Federal Open Market Committee released minutes of its latest policy meeting. While the notes were relatively upbeat, hinting at a possibility of an interest rate hike in June, EUR/USD moved up, rather than down. It seems markets considered the minutes to be not as hawkish as dollar bulls...

Which Cryptocurrency Pairs Do You Trade in Forex?

Mon, 22 May 2017 14:24

My old poll about the popularity of currency pairs had rather predictable results — EUR/USD, GBP/USD, the JPY pairs are the leaders. But how about the cryptocurrency trading? Can it be considered a part of the more traditional Forex scene? Given the fact that many FX brokers now support trading ...

Weekly Forex Technical Analysis (May 22 — May 26)

Sat, 20 May 2017 9:13

EUR/USD

Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.0704 1.0813 1.0994 1.1103 1.1283 1.1392 1.1572

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.0831 1.1029 1.1120 1.1319
...

Forex News

US Dollar Climbs Against Commodity Currencies After OPEC Meeting

US Dollar Climbs Against Commodity Currencies After OPEC Meeting

Thu, 25 May 2017 18:00

The US dollar rose against currencies that are closely tied to oil prices on Thursday, after the conclusion of a meeting between the Organization of the Petroleum Exporting Countries and other oil major producers.

EUR/USD Trades Lower on Depressed Oil Prices and Mixed US Data

EUR/USD Trades Lower on Depressed Oil Prices and Mixed US Data

Thu, 25 May 2017 16:59

The EUR/USD currency pair today hit new lows mid-European session as the US dollar rallied against the single currency boosted by weak global oil prices. The currency pair hit a session low after the release of the US Advance goods trade balance for April, which was lower than expected.

Australian Dollar Drops with Commodity Currencies

Australian Dollar Drops with Commodity Currencies

Thu, 25 May 2017 11:45

The Australian dollar dropped together with other commodity currencies today, most likely due to the sharp decline of crude oil prices, after showing decent performance during the previous trading session.

Commodity Blog

US Crude Sinks Below $50 as OPEC Extension Disappoints Market

Thu, 25 May 2017 16:59

US crude tumbled to fresh lows on Thursday as it is now trading under $50. Oil prices plummeted more than 4% as investors were...

China's Downgrade, Falling Imports Sends Copper Futures Lower

Wed, 24 May 2017 16:35

Copper futures are trading lower midweek amid bad news coming out of China. Moody’s slapped China with a credit downgrade and new trade...

Crude Oil Meanders Ahead of OPEC Meeting

Wed, 24 May 2017 16:18

Prices for crude oil meandered today, struggling to establish a clear trend (though currently they are trading below the opening level), as traders were nervous...

Forex Video Zone

Traders Focus on Euro and Ruble

Thu, 25 May 2017 13:06

Traders focus their attention on the European session. Yesterday, economists expected the euro to dip down against the US dollar, but today the pair recovered to its previous highs. The euro is trading at 1.2224 against the US dollar. Analysts believe that the pair can correct to 1.12. Today, market participants analyze the minutes of the FOMC meeting. The officials stated that they do not plan to raise the key interest ...

Daily Forex News and Analysis — May 25th 2017

Thu, 25 May 2017 10:04

Wall Street finished in the green as investors believe a rate hike may come sooner than expected. The Dow Jones rose by 0.36% and the NASDAQ added 0.40% to its value. The US dollar traded mixed against the other major currencies as the Fed gave investors some clues about a potential rate hike next month. The Existing Home Sales came out less than expected at 5.57 million vs....

Technical Analysis — Bull Flag

Thu, 25 May 2017 9:24

A bull flag is a continuation pattern and we are looking for a continuation of the trend. We are looking for a continuation of trend. As traders, we get to watch the whole flag formation unfold before our eyes and then expect what might be coming next, and to capitalize on the trend to continue. Basically, they happen in bullish and bearish conditions, all markets, all price ranges, happen frequently, and very reliable pattern. They are quite...