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

  • David smith from United States writes about Trade12:

    I was surprised to see so much of negative comments. It's over 2 years since i am trading with them & so far everything went smooth. There were some server issues which propped up during this period which affected my trades but all were compensated b...

  • Scharz from Switzerland writes about Bolmax Management:

    From the very first experience, I liked attitude of the company to me, their support was so much helpful so their assistance was really very impressive. But after I made profit almost as much as I deposited, execution became slowlier and opening pric...

  • George Finch from Estonia, Tallinn writes about Admiral Markets:

    I'm a complete newbie when it comes to trading, so take everything with a grain of salt. Admiral Markets wasn't my first option, but I decided to try them out after reading some of the reviews (hence why I'm writing here as well). The experience was ...

  • Paul Finn from Austria writes about Trade12:

    I have traded with Trade12 more than 2 years. Really its a fine brokerage. I have many joy wins and sad losses with Trade12, but its all by my learning times in Forex. So its not Trade12 fault. I change broker again again up to 10. Finally my mind sa...

Forex Blog

Worst Forex Indicator/Tool Ever

Mon, 24 Apr 2017 8:33

Each trader has his or her own best trading tool — be it a simple moving average or a complex system that combines volume, market sentiment indicators, and Elliott Wave count done on Fibonacci numbers. It seems that Forex traders favor the simpler methods. The more straightforward the indicator...

Forex Brokers Update — April 23rd, 2017

Sun, 23 Apr 2017 19:43

There were no new brokers this week, but we have some updates to report: Whaleclub now accepts deposits and withdrawal requests in Dash cryptocurrency. IFC Markets is now regulated by CySEC. Added rebates and updated VIP conditions. JFD Brokers now works with...

Weekly Forex Technical Analysis (Apr 24 — Apr 28)

Sat, 22 Apr 2017 9:30


Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.0452 1.0527 1.0627 1.0702 1.0802 1.0877 1.0977

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.0533 1.0639 1.0708 1.0814

Forex News

EUR/USD Retreats from 5-Month High After French Election

EUR/USD Retreats from 5-Month High After French Election

Mon, 24 Apr 2017 12:26

The euro retreated from the opening levels today, but that was after opening sharply higher following the French Presidential election over the weekend. In fact, EUR/USD opened at the highest level since November.

Great Britain Pound Strong After Election Announcement

Great Britain Pound Strong After Election Announcement

Sat, 22 Apr 2017 17:19

The Great Britain pound was the strongest major currency this week as UK Prime Minister Theresa May surprised markets, announcing a snap general election.

US Dollar Edges Higher on Strong Housing Data and Anticipation for French Election

US Dollar Edges Higher on Strong Housing Data and Anticipation for French Election

Fri, 21 Apr 2017 18:02

The US dollar strengthened against the euro on Friday, following the release of positive data for the US housing sector. Investors are keeping a close eye on the French presidential election on Sunday, which weighed on the shared currency and gave way for the greenback to score more gains today.

Commodity Blog

Commodities Technical Analysis, April 24th — April 28th

Sun, 23 Apr 2017 9:39

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 April 23rd, 2017:...

Bitcoin Price Surges Above $1,240 as Bitfinex Wire Transfer Problems Increase

Fri, 21 Apr 2017 23:43

Prices of Bitcoin surged on Friday, as exchanges of the virtual currency attempted to reduce the price gap with Bitfinex, one of the largest Bitcoin exchanges in the world. Bitfinex,...

Gold Stays Flat Ahead of French Presidential Election

Fri, 21 Apr 2017 15:12

Traders are remaining cautious heading into the weekend. Gold futures are flat ahead of Sunday’s historic presidential election in France, which has investors...

Forex Video Zone

EUR/USD has Opened on a Bullish Gap— Forecast — April 24th 2017

Mon, 24 Apr 2017 11:35

In this video, the Trading Central looks at the currency pair EUR/USD for the April 24th session. [video]GLROR2CHv4k[/video]...

Daily Forex News and Analysis — April 24th 2017

Mon, 24 Apr 2017 8:55

Wall Street finished in thr red on Friday despite the release of bullish economic data and an update from president Trump on his tax reform plan. The Dow Jones fell by 0.15% and the NASDAQ lost 0.11% from its value. The US dollar traded higher against the other major currencies on Friday, buoyed up by the release of bullish housing data, with the Existing Home Sales coming out higher than expected at 5.71 million...

Daily Forex News and Analysis — April 23rd 2017

Sun, 23 Apr 2017 17:55

The EUR/USD pair went up slightly by 0.10%, closing the week at 1.0728. The GBP/USD pair also had a small increase of 0.03%, closing the week at 1.2817 exchange rate. OPEC recently made statements of its intent to cut global supplies, while US oil production has increased to its highest level since August 2015. Prices have gone down to under $50 a barrel, sparking investor interest in higher oil trading....