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. 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.

Getting into Forex trading is easy:

1. Start with our free Forex course.
2. Open an account with a broker.
3. Learn from other traders at the forum.

Latest in Forex

  • Nousheen from Pakistan writes about LMFX:

    Its been three years approximately since i opened small account with them and I am trading on and off with this broker. So far the trading conditions are good and i had noticed that they have improved pretty much since my time when i started. I mostl...

  • christ athan from Austria writes about Turnkey Forex:

    Heard so much good about this broker everywhere be it babypips or FPA or any other forums that I had to give it a try. And I have to say, everything I heard was true. It’s been 6 months since I have been with this broker and so far so good. The clien...

  • Hoang Le from Vietnam writes about LMFX:

    I just started trading with this broker from 2018 through a seminar with $50 bonus. Pleasantly surprised by the service. This broker offers competitive pricing, spread and an easy deposit/withdrawal process. Also, execution is good without freezes a...

  • Per from Germany writes about GAINSY:

    I am trading with this broker last 6 monts, And I have only positive impressions about it.Their support team is really nice and they tried to help you in every situation, even if they musn't do it. Also they gave me good trading conditions and it's c...

Forex Blog

GBP/JPY Is in Process of Forming Double Top Pattern

Sun, 24 Mar 2019 18:14

GBP/JPY has been rising in an uptrend since January 3 flash crash created a deep spike on the daily chart of this currency pair. Lately, the rally stalled in a formation with two peaks, which closely resembles a double top pattern. The formation becomes valid only following a breakout below the pattern's neckline....

Forex Brokers Update — March 24th, 2019

Sun, 24 Mar 2019 15:26

This week, we did not add new brokers to the list on, but we have updated some listed brokers: FXTM is now also regulated by FSCM of Mauritius. FIBOGroup lowered minimum account size on MT4 NDD, MT4 NDD No Commission, and MT4 Fixed types from $300...

Weekly Forex Technical Analysis (Mar 25 — Mar 29, 2019)

Sat, 23 Mar 2019 9:45


Floor pivot points

3rd Sup2nd Sup1st SupPivot1st Res2nd Res3rd Res
1.1058 1.1166 1.1233 1.1340 1.1408 1.1515 1.1583

Woodie's pivot points

2nd Sup1st SupPivot1st Res2nd Res
1.1156 1.1213 1.1330 1.1388

Forex News

Turkish Lira Bounces After Erdogan Warns Speculators

Turkish Lira Bounces After Erdogan Warns Speculators

Mon, 25 Mar 2019 12:16

The Turkish lira rose against the US dollar, rebounding after Friday's huge slump, today after Turkey's President Recep Tayyip Erdogan warned investors speculating against the currency that they will be punished. The bounce was limited, though, and currently the lira is trimming its gains.

Euro Rises with German Ifo Business Climate Index

Euro Rises with German Ifo Business Climate Index

Mon, 25 Mar 2019 10:41

The euro rallied against other most-traded currencies today after the German business climate improved unexpectedly this month. The rally was nowhere near big enough to erase Friday's big losses, though.

US Dollar Ends Week Mixed on Dovish Fed, Fears of Recession

US Dollar Ends Week Mixed on Dovish Fed, Fears of Recession

Sun, 24 Mar 2019 0:38

The US dollar ended the past trading week mixed, gaining on some currencies and falling versus others. While the unexpectedly dovish Federal Reserve hurt the currency strongly, it had some support from risk aversion. The same risk-off sentiment made other safe-haven currencies, like the Japanese yen and the Swiss franc, clear winners for the week.

Commodity Blog

Soybean Rises on Higher Chinese Imports, Historic US Flooding

Mon, 25 Mar 2019 13:35

Soybean futures are rallying to kick off the trading week as the agricultural commodity got a boost from higher Chinese...

Gold Rises, Crude Oil Falls amid Recession Fears

Mon, 25 Mar 2019 13:04

Friday's poor data in the eurozone, and the report about the German manufacturing sector in particular, led to fears of another global economic recession. That bolstered the US ...

Commodities Technical Analysis, March 25th — March 29th

Sun, 24 Mar 2019 10:10

The technical analysis, that includes the indicators’ data and major pivot points for WTI Oil, Gold, Silver, Copper, and Natural Gas in continous charts as of March 24th,...

Forex Video Zone

Market Entry Strategy — Best Time of Day to Trade Forex

Sun, 24 Mar 2019 16:01

In this video, you will learn about when to enter into a trade in forex. Forex trading is available 24 hours a day. However, it is important to trade forex during certain hours, when it is highly volatile. Successful forex trading is not only about finding a perfect entry signal. Look at this chart. As you can see, the price broke through the uptrend line. Also,...

How to Use Economic Calendar Effectively

Sun, 24 Mar 2019 14:52

In this video, you will learn about the importance of using economic calendar in forex trading. As you can see, this is the economic calendar from forex factory. It shows you information about various events and their impact on the market. The red color indicates high impact. There are various economic announcements like the German IFO business climate. Another event is the Brexit...

USD/JPY and AUD/USD Forecast — March 22nd 2019

Fri, 22 Mar 2019 16:56

In this video, the Trader Guy looks at the currency pairs USD/JPY and AUD/USD for the March 22nd session. USD/JPY — The USD/JPY pair pulled back and tried to locate for support on Thursday session. The market could remain in consolidation for a while and not doing much. A break above the top of the candle from Wednesday session is bullish and market could reach as high as 111.50. A break below the bottom of the consolidation is seen as bearish It is...