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

  • Janet Stewart from Spain writes about ForexGrand:

    I was trading currency pairs on ForexGrand for 3 months. There I have received a small profit. Have withdrawn money without problems. I did not write to the support team and didn`t use the help of a trading consultant, so I can`t say about it, but in...

  • Navs from Europe writes about AMarkets:

    Perfect for me. After several months of trading at Amarkets, I have to share my impressions of this broker. The most pleasant thing is the conditions for investing. The absence of a minimum deposit is very important for new traders who just want to...

  • Eckhard Hubschdecke from Germany writes about Land-FX:

    It's been over a year that I have been trading with Land-fx. There were many ups and downs (related to my trading performance) during this and I've always found them helpful me with their upbeat services.

  • Andrew from Zurich writes about Markets Cube:

    I am not so familiar with forex trading, by another word - newbie. That's why I've chosen Markets Cube - there are a large number of educational materials, which help to quickly understand everything about forex trading. Also very helpful was the sup...

Forex Blog

Weekly Forex Technical Analysis (Feb 26 — Mar 2)

Sat, 24 Feb 2018 10:22

EUR/USD

Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.2048 1.2154 1.2224 1.2329 1.2399 1.2505 1.2575

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.2145 1.2206 1.2320 1.2381
...

EUR/USD Rises Following Dovish ECB Minutes

Thu, 22 Feb 2018 18:42

EUR/USD bounced today after losing yesterday's gains by the end of the previous trading session. The currency pair displayed a significant volatility following the release of the European Central Bank policy minutes before deciding to rally. That was a surprising outcome as the ECB minutes showed that the central bank is not in a hurry...

EUR/USD Rebounds Sharply After FOMC Minutes

Wed, 21 Feb 2018 19:38

EUR/USD was moving lower for the most part of the current trading session but jumped sharply following the release of the Federal Open Market Committee policy minutes. That was a bit puzzling, considering that the notes portrayed a favorable picture of the US economy and promised further interest rate increases. Some market analysts...

Forex News

Euro Declines Despite Positive German GDP and Eurozone CPI

Euro Declines Despite Positive German GDP and Eurozone CPI

Fri, 23 Feb 2018 15:39

The euro today declined against the US dollar despite the release of positive German Q4 GDP report, and also ignored the release of positive Eurozone inflation data. The euro extended its decline from the Asian session into the European session following the greenback's recovery, which started during yesterday's American session.

Japanese Yen Third Strongest Currency on Friday

Japanese Yen Third Strongest Currency on Friday

Fri, 23 Feb 2018 14:09

The Japanese yen was generally strong today, rising against the euro and various other most-traded peers, but was unable to beat the US dollar and the Great Britain pound.

Positive Retail Sales Data Doesn't Help NZD Overcome Weakness

Positive Retail Sales Data Doesn't Help NZD Overcome Weakness

Fri, 23 Feb 2018 13:58

Commodity currencies were generally weak today. That translated to the New Zealand dollar even though domestic macroeconomic data was very good.

Commodity Blog

Gold Poised for Biggest Weekly Drop in 2018 as Greenback Recovers

Fri, 23 Feb 2018 15:18

Gold futures are bleeding red ink to end the trading week. The yellow metal is on track for its worst weekly performance this year as the US...

US Crude Spikes 2% as Domestic Oil Supplies Take Unexpected Nosedive

Thu, 22 Feb 2018 17:56

Oil prices are surging towards the end of the trading week after a new US government report showed an unexpected nosedive in US crude stockpiles. This...

Orange Juice Unable to Rally on Surprising Sales Growth

Wed, 21 Feb 2018 17:26

Orange juice futures are plummeting midweek despite a new report that suggests sales surged last month. For many years, orange juice was...

Forex Video Zone

MACD Indicator — MetaTrader Terminal

Fri, 23 Feb 2018 16:40

This video is devoted to the MACD in the MetaTrader platform. To apply this indicator to the chart, press indicators button on the toolbar, choose oscillators, MACD. Subsequently, the window in which we change the indicator properties appears. Here we can choose the periods of three moving averages, method, fixed maximum, and fixed minimum. Visualization settings can be changed in the colors tab. When we choose the method, we specify the prices to which...

EUR Corrects Movement while European Inflation Decelerates

Fri, 23 Feb 2018 15:45

A decline in the most traded currency pair paused on the back of the macroeconomic statistics from the Eurozone. Today, Germany released the report on GDP growth rate for the 4th quarter. According to Destatis, the GDP increased by 2.3% in annual terms after rising by 2.2% in the previous quarter. This reading came in line with market expectations. On a quarterly basis, the German economy expanded by 0.6% versus the previous advance of 0.8%. However, this reading also matched...

Bitcoin Forecast — February 23rd 2018

Fri, 23 Feb 2018 14:52

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the February 23rd session. Bitcoin/USD — As you can see, bitcoin initially tired to rally, but then rolled over during the day on Thursday losing about 5% or so. But the market looks very unlikely to break down or rally significantly. At this point, we will probably drift down to about 9,000, perhaps even the 8,000 level. If...