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

  • RASHID from Pakistan writes about EXNESS:

    Dont go with 3.5 rating , u see any tom di** and harry can register and put review , I hope u get the idea what i m saying, (AT the end i mentioned some really good advice for newbie traders)

    Exness broker are very clever so my advice to newbies and...

  • Samir Hassaine from Finland writes about XM.COM:

    Wow just incredible, absolutely out of the blue they had just sent a notice for the termination of my account I had just found out a trading style for myself with a successful winning rate. It's not even like I was winning big amounts of money just u...

  • Mia from Czech writes about SuperForex:

    Hi everyone. I also do trading with SuperForex and to me it's a good-good broker. They attracted me with no deposit bonus. I thought it won't get me anywhere, because I'm new, haha, but I managed to get profit with those Bitcoin movements. The design...

  • Arturo from Hong Kong writes about MEX Group:

    Absolutely despicable behaviour of Mr Ben Gonzales, account manager of MEX Group (formerly know as IKON Group), I had a live account with their ASIC regulated entity, however I discovered that since I'm not an Australian citizens my founds are not pr...

Forex Blog

EUR/USD Falls Before US Data, Soars on FOMC Minutes

Wed, 16 Aug 2017 18:44

EUR/USD had fallen today even before any meaningful economic data was released anywhere in Europe or the United States. It continued to fall even as the US reports came out without any good surprises for the dollar bulls. However, the currency pair rallied later following the release of the July FOMC meeting...

EUR/USD Recovers Despite Good US Data

Tue, 15 Aug 2017 20:24

After having fallen upon the release of the first batch of the US macroeconomic indicators, EUR/USD was rather quick to recover despite the lack of some meaning fundamental drivers. The currency pair then stalled not too far from the daily open level. US export and import prices rose by 0.4% and 0.1% respectively...

Do You Have Your Family's and Friends' Support in Forex Trading?

Mon, 14 Aug 2017 14:32

Although the popularity of the retail Forex trading is growing rapidly, a lot of people do not know what it actually is, and of those who do, many have wrong ideas about the industry. This creates a lot of misunderstanding between traders and their friends and family. The issue with getting the approval...

Forex News

British Pound Declines Against US Dollar Despite Positive Jobs Data

British Pound Declines Against US Dollar Despite Positive Jobs Data

Wed, 16 Aug 2017 17:30

The British pound today rallied higher briefly against the US dollar after the release of positive UK labour market report, but later declined retracing most of its gains.

US Dollar Rallies Higher Against Peers on Positive Advance Retail Sales

US Dollar Rallies Higher Against Peers on Positive Advance Retail Sales

Tue, 15 Aug 2017 15:42

The US dollar today rallied higher against its main peers including the British pound and the Japanese yen after the release of positive US advance retail sales data.

British Pound Declines as UK Inflation Data Misses Estimates

British Pound Declines as UK Inflation Data Misses Estimates

Tue, 15 Aug 2017 15:30

The British pound declined against most of its major peers on Tuesday following the release of two reports that revealed that inflation in the United Kingdom remained dormant in July. The British currency weakened further against the greenback as strong US retail sales numbers surprised investors.

Commodity Blog

Copper Futures Surge 3% amid China Restrictions

Wed, 16 Aug 2017 17:02

Copper prices are soaring midweek as restrictions have been placed on refiners in China. The red metal has been bolstered by the Chinese government’s crackdown on polluters,...

Weak Chinese Data, Rising US Dollar Fuel Oil Sell-Off

Tue, 15 Aug 2017 16:32

Oil futures are trading lower for the second straight session as weak Chinese data and a rising US dollar are fueling a sell-off by investors. Despite...

Bitcoin Market Cap Reaches 70$ Billion, Now Worth More Than Paypal

Mon, 14 Aug 2017 21:23

The price of bitcoin has gone parabolic in the past few weeks, creating and smashing countless new all-time highs along the way. Trading began today at $4,111.35...

Forex Video Zone

WTI Crude Oil and Natural Gas Forecast — August 16th 2017

Wed, 16 Aug 2017 16:09

In this video, the Trader Guy looks at commodities Crude Oil and Natural Gas for the August 15th session. WTI Crude Oil — As you can see on the daily chart, we fell a bit and then turned around to form a hammer. That is a very bullish sign. If we can break above the top of the hammer, we should then go to $50 level. However, if we can break down below...

USD/JPY and AUD/USD Forecast — August 16th 2017

Wed, 16 Aug 2017 16:06

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the August 15th session. USD/JPY — It has sliced through the 110.00 level, If we break above the highs of the day, we should continue to go about 112.50. Ultimately, I think that pullbacks from here are probably going to be buying opportunities. If we can break down the hammer from the Friday session, we are...

EUR/USD and GBP/USD Forecast — August 16th 2017

Wed, 16 Aug 2017 16:00

In this video, the Trader Guy looks at the currency pairs EUR/USD and GBP/USD for the August 16th session. EUR/USD — As you can see, we initially fell during the session on Tuesday, but found support at the 1.17 level. The fact that we bounced from there is a good sign, So, I think it is likely that we get a bit of a bounce. But if we did break down below the lows...