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

  • Sergio Vasques from Spain writes about Land-FX:

    While regulation, trade execution & customer support are positives for the Land-fx, i would love if it add some tutorials on its website to educate its clients.

  • granny from germany writes about TenkoFX:

    I like this broker. Money entries and withdrawals work perfectly. Besides standard assets there are cryptocurrency assets, even though I don't like trading them that much. The spread is floating which means there are extensions, but I've found a way ...

  • Ghafsi Ghafsi from France writes about Fort Financial Services:

    Fort Financial Services is a well regulated broker, they have good team espicially a nice support who is always present. Trading with Fort Fs is a real fun

  • Chistian from NY USA writes about FinPro Trading:

    Good broker with steller support and trading conditions. What keeps me with them is that their trading conditions don't change even during news hours. I deposit and withdraw BTC, so havn't had any issues there. The best part of using BTC is that the ...

Forex Blog

Weekly Forex Technical Analysis (Mar 19 — Mar 23)

Sat, 17 Mar 2018 9:49


Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.2076 1.2168 1.2228 1.2320 1.2381 1.2473 1.2533

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.2160 1.2213 1.2313 1.2365

EUR/USD Declines for Third Day as Markets Prepare for Fed Hike

Fri, 16 Mar 2018 15:58

EUR/USD fell for the third day in a row despite turmoil in the US government. The dollar got some support from today's macroeconomic reports, which were good for the most part, with the exception of the housing data. But the most important reason for the greenback's rally was anticipation of an interest rate hike from the ...

EUR/USD Drops on US Data, Fed Policy Outlook

Thu, 15 Mar 2018 20:20

EUR/USD dropped for the second day today, basically erasing gains caused by the previous two-day rally. One of the reasons for the drop was good US data. Another one was the fact that traders considered an interest rate hike from the Federal Reserve next week almost guaranteed. NY Empire State ...

Forex News

USD/CAD Rallies Higher on Mixed US Releases

USD/CAD Rallies Higher on Mixed US Releases

Fri, 16 Mar 2018 16:07

The USD/CAD currency pair today rallied slightly higher as the Canadian dollar weakened against its US counterpart following mixed US macro releases. The loonie was largely weaker against the greenback despite slightly positive crude oil prices, which usually boost the currency.

EUR/USD Declines Despite Weak US Housing Data

EUR/USD Declines Despite Weak US Housing Data

Fri, 16 Mar 2018 14:06

The EUR/USD currency pair declined significantly after the release of weak US housing data. The currency pair ignored the disappointing US housing report as investor sentiment towards the pair shifted in favor of the greenback leading to the pair's decline.

NZ Dollar Driven Down by Economic Data, Risk Aversion

NZ Dollar Driven Down by Economic Data, Risk Aversion

Fri, 16 Mar 2018 9:32

The New Zealand dollar dropped today, joining other commodity-geared currencies in decline, driven down by domestic macroeconomic data as well as the general risk-adverse market sentiment.

Commodity Blog

Gold Poised for Weekly Loss Despite US Political Turmoil

Fri, 16 Mar 2018 15:42

Gold futures are hovering just above the crucial $1,300 threshold as the yellow metal is poised for yet another weekly loss. Gold prices could...

Gold Gets Hit by Rising US Dollar, Underpinned by Demand for Safety

Thu, 15 Mar 2018 17:02

Gold and other precious metals dropped today as the US dollar was rising. The greenback got boost from today's US macroeconomic data that...

Natural Gas Falls 2% on Smaller-Than-Expected Supply Decline

Thu, 15 Mar 2018 16:31

Natural gas futures are trading lower following a new US government report that found a smaller-than-expected decline in domestic stockpiles....

Forex Video Zone

Crude Oil Can Boost Ruble’s Rise

Fri, 16 Mar 2018 15:09

The outlook for the Russian currency is still vague. With the current political situation and sluggish oil prices, the USD/RUB pair remains inside a medium-term trading range. Markets are ready for the presidential election in Russia that will be held this Sunday. It is clear for most investors that Vladimir Putin will be reelected, but the question about the further stance of economic policy remains open. Some analysts...

Adverse Tactics

Fri, 16 Mar 2018 14:32

This video is devoted to the adverse tactics in the MetaTrader terminal. In this video, we will give just a general description of adverse tactics. The idea of the system is to draw the lines that will become the borders of movement in the future. It happens as follows. First, we point out the local peak and assume there will be a change in the trend direction. We place the number one on the chart. Sometimes later, the price has...

Bitcoin Forecast — March 16th 2018

Fri, 16 Mar 2018 14:09

In this video, the Trader Guy looks at the cryptocurrency, bitcoin for the March 16th session. Bitcoin/USD — As you can see, we fell initially against the US dollar turning around to form a hammer. The hammer of course is a bullish sign and we could get a bit of a bounce from here. But the $10,000 level above is an area that I think is going to be very difficult for the market to break...