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

  • Marty from USA writes about PaxForex:

    Falsely advertising intant orders when its actually market based. The deviation setting is only there to look at. On their website and other forex info sites they are instant execution. Lies!!! Lost my money on buy orders set on usd/cad for news even...

  • Alpari writes about Alpari:

    Hello, Peter! We have no any troubles with a withdrawal. Please specify your myAlpari number (send it please by email Also send us your screenshots. We will solve this issue as soon as possible and provide you with the public answe...

  • Peter from Hungary writes about Alpari:

    I wanted to withdraw my funds ($2900) from my Alpari account, but they don't process my request more than 3 weeks ago. They just promise, that it will be processed, but no nothing happend until now. I have all of screenshots about their promises and ...

  • Jeffrey Green from Sandbach, UK writes about JFD Brokers:

    I wish I read the negative reviews on the Internet before I transferred them some money. The negative ones, yes. One of their employees smugged not being interested in my review, as they pay for likes and good reviews.

    This is the worst organised ...

Forex Blog

Weekly Forex Technical Analysis (Apr 23 — Apr 27)

Sat, 21 Apr 2018 9:50


Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.2056 1.2153 1.2220 1.2317 1.2384 1.2481 1.2548

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.2145 1.2205 1.2309 1.2369

EUR/USD Drops on Quiet Thursday

Thu, 19 Apr 2018 16:36

EUR/USD was falling during quiet trading today. The market lacked any major theme to drive currencies. Nevertheless, the currency pair was falling since the European session and continued to decline following the release of rather positive US data. Philadelphia Fed manufacturing index rose from 22.3 in March to 23.2 ...

EUR/USD Falls as ZEW Economic Sentiment Disappoints

Tue, 17 Apr 2018 18:10

EUR/USD slipped today as the ZEW Economic Sentiment Indicator for Germany came out far worse than was expected. The index for the whole eurozone was not good either. (Event A on the chart.) Meanwhile, US data released on Tuesday was pretty solid. Both housing starts and building permits rose in March. Housing...

Forex News

US Dollar Waits for GDP & Other Economic Reports

US Dollar Waits for GDP & Other Economic Reports

Sun, 22 Apr 2018 18:06

The US dollar gained on all its most-traded rivals last week, and traders wait to see if the currency will be able to continue its bullish run in the coming week. Analysts expected that the greenback will be mainly driven by macroeconomic fundamentals, though politics may also affect the US currency.

GBP & CAD Fall on Poor Data, Interest Rate Outlook

GBP & CAD Fall on Poor Data, Interest Rate Outlook

Sat, 21 Apr 2018 15:47

The Great Britain pound fell during the past trading week on poor macroeconomic data and concerns that the Bank of England will postpone the planned interest rate hike. The Canadian dollar had the similar issues.

Swiss Franc Falls Below 1.20 Against Euro

Swiss Franc Falls Below 1.20 Against Euro

Fri, 20 Apr 2018 10:39

The Swiss franc fell below the historically important level of 1.20 versus the euro as the risk appetite drove investors away from safe currencies. Still, Swiss National Bank Chairman Thomas Jordan saw no reason to abandon the extremely loose monetary policy.

Commodity Blog

Commodities Technical Analysis, April 23rd — April 27th

Sun, 22 Apr 2018 9:58

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 22nd, 2018:...

Bitcoin Makes Gains As Tax Day Passes

Sat, 21 Apr 2018 15:35

This week has seen Bitcoin post impressive gains, as the tax deadline in the USA passed. Some analysts have attributed the last two, difficult months,...

Oil Recovers Following Trump’s Criticism of Opec

Fri, 20 Apr 2018 19:10

Oil prices have endured a turbulent day, coming out slightly on top towards the end of trading. The commodity started the day well, making early gains,...

Forex Video Zone

Force Index — MetaTrader Terminal

Sun, 22 Apr 2018 16:37

This video is devoted to the Force Index indicator in the MetaTrader terminal. To apply to this indicator to the chart, choose the indicator button on the toolbar, oscillators, and Force Index. Subsequently, the window in which we change the indicator's properties appears. Here we can choose the averaging period, type of moving average, and the fixed maximum and minimum. An interesting point about this indicator is that it was created by Alexander ...

Daily Forex News and Analysis — April 22nd 2018

Sun, 22 Apr 2018 14:20

The EUR/USD pair fell by 0.46%, closing at 1.2288. The GBP/USD pair decreased by 0.62%, closing the week at a 1.40 exchange rate. Last week, Netflix released its earnings report for the March quarter and posted impressive results Netflix added 7.4 million subscribers, beating the 6.43 million estimate that analysts were anticipating. Gold fell by 0.78%, as of last week's market close, closing at $1,338.30. Crude Oil rose by 0.10%, closing at $68.40...

European Assets Likely to Close Week in Red

Fri, 20 Apr 2018 17:07

Throughout the European session, the US dollar continued rising against its rivals. The GBP/USD pair has dropped by over 1% to trade near 1.4070 level. The comments made by Mark Carney undermined the sterling. In the yesterday interview to BBC, the Bank of England Governor did not touch on the monetary policy issue, thus increasing the concerns of the traders that the key interest rate would be left unchanged at the May meeting. Today,...