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

  • Michael from Netherlands writes about TriumphFX:

    Nice broker with fast withdrawals. Did not face any problems, client area is very useful and suitable. Technical support is helpful. Also they plan to add cryptocurrecies for trading. So I can recommend this company for trading.

  • Justas Petronis from Lithuania writes about Admiral Markets:

    I love Admiral Markets' smart FAQ and Trader's Glossary - I can learn about trading and everything involved with it through doing and refer back to the FAQ and glossary if I come across anything I don' understand. Super!

  • Elvar from Iceland writes about GAINSY:

    I might say that this company is quite flexible in its services. Having two trading accounts, I ordered two different non-withdrawable bonuses for my different strategies. I shall mention that they provide stronger-than-average services, completely f...

  • Sebastian Puedecke from Germany writes about Land-FX:

    Was hooked by their leverage and price feed on crypto, not many brokers that both give bonuses and offer crypto atm. Advise to everyone, and make sure to ask for a bonus on depo.

Forex Blog

EUR/USD Resumes Rally Started Yesterday

Tue, 19 Sep 2017 13:46

EUR/USD has started a rally during yesterday's American trading session, which continued into the early hours of today's European session. The currency pair retreated a bit afterwards, but it looks like EUR/USD is going to resume the rally. Housing starts were at the seasonally adjusted annual rate of 1.18 million...

Forex Candlestick Patterns Cheat Sheet

Mon, 18 Sep 2017 15:40

The topic of the Japanese candlestick patterns in currency trading is rather controversial because not all of them apply to the spot foreign exchange market. With almost no gaps between the candles and no definite daily close/open levels, the traditional candlestick patterns are somewhat less applicable in Forex. The cheat sheet...

Forex Brokers Update — September 17th, 2017

Sun, 17 Sep 2017 8:17

One new broker has been added to the list on during the ending week: IQ Option — previously known for its binary options offers, this CySEC-regulated broker now provides trading services in Forex and CFD using its custom proprietary platform. $10 minimum account size is combined...

Forex News

Euro Rallies Against US Dollar on Mario Draghi Speech

Euro Rallies Against US Dollar on Mario Draghi Speech

Thu, 21 Sep 2017 15:36

The euro today rallied briefly against the US dollar after Mario Draghi's speech at the second annual conference of the European Systemic Risk Board in Frankfurt. The EUR/USD currency pair was on a recovery mode throughout today's session after a major decline triggered by yesterday's FOMC rate decision.

GBP/USD Trades Sideways After Post-FOMC Slide

GBP/USD Trades Sideways After Post-FOMC Slide

Thu, 21 Sep 2017 12:49

The GBP/USD currency pair today traded sideways after a major down slide occasioned by yesterday's FOMC statement, which outlined a hawkish tone. The release of the public sector borrowing by the Office for National Statistics had minimal impact on the British pound even as the US dollar held on to gains made yesterday.

EUR/USD Trades Sideways as Markets Await FOMC Rate Decision

EUR/USD Trades Sideways as Markets Await FOMC Rate Decision

Wed, 20 Sep 2017 12:27

The EUR/USD currency pair was today trading sideways as the markets await the Fed interest rate decision scheduled for later today. The currency pair's slight upward momentum was largely due to previous releases, which highlighted a positive outlook for most EU economies.

Commodity Blog

Oil Futures Surging amid OPEC Speculation

Wed, 20 Sep 2017 17:00

Oil prices are climbing higher midweek after reports that the Organization of Petroleum Exporting Countries (OPEC) may extend its production-cut agreement...

Bitcoin Shatters $4,000, JP Morgan, John McAfee on China, Nodes & Miners in North Korea

Wed, 20 Sep 2017 11:07

The $4,000 resistance level has been shattered, and we seem to be getting closer and closer to the $4,179.14 weekly high. Bitcoin bubble talk shows no...

Copper Trades Under $3 as Metal Stocks Initiate Roller Coaster

Tue, 19 Sep 2017 16:59

Copper futures are trading under $3 as the industrial metal has now petered out. The next big discussion for the red metal will be London ...

Forex Video Zone

Focus on the Chinese CPI (Inflation) and PPI

Thu, 21 Sep 2017 14:30

These are better known as CPI and PPI and are scheduled for release on April 10th. China usually releases this data on a monthly basis in the middle of the following month. China is likely to cut interest rates or reserve requirements again if consumer inflation drifts below 1%, a member of the central bank's monetary policy committee said, as he ruled our more support for the Chinese property market. Policymakers are still needed...

Euro Might Recoup Losses against US Dollar

Thu, 21 Sep 2017 14:17

As expected, the single European currency weakened against the US dollar. However, according to analysts, the demand for the greenback will fade in the near future. Today, after a sharp fall, the euro is trying to recover from its losses. The EUR/USD pair is trading at 1.1910. Currency strategists expect that soon the single European currency will return to 1.20. Still, the release of the monthly ECB report indicates that these factors are unlikely...

USD/JPY Has Broken Above a Declining Trend Line — Forecast — September 21st 2017

Thu, 21 Sep 2017 13:30

In this video, the Trading Central looks at the currency pair USD/JPY for the September 21st session. USD/JPY — Looking at the intraday 30-min chart, the pair has broken above the declining trendline, in place since last Tuesday. It remains supported by the rising 50-period Moving Average. Moreover, the RSI indicator has also broken above the declining trendline. Further advance is also expected above the strong horizontal support at 111.80....