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Currencies are traded on the Foreign Exchange market, also known as Forex. This is a decentralized market that spans the globe and is considered the largest by trading volume and the most liquid worldwide. Exchange rates fluctuate continuously due to the ever changing market forces of supply and demand. Forex traders buy a currency pair if they think the exchange rate will rise and sell it if they think the opposite will happen. The Forex market remains open around the world for 24 hours a day with the exception of weekends.

Before the Internet revolution only large players such as international banks, hedge funds and extremely wealthy individuals could participate. Now retail traders can buy, sell and speculate on currencies from the comfort of their homes with a mouse click through online brokerage accounts. There are many tradable currency pairs and an average online broker has about 40. One of our most popular chats is the Forex chat where traders talk in real-time about where the market is going.


Currency Indices
Euro / U.S. Dollar
U.S. Dollar / Japanese Yen
British Pound / U.S. Dollar
Australian Dollar / U.S. Dollar
U.S. Dollar / Canadian Dollar
U.S. Dollar / Swiss Franc
Euro / British Pound
Euro / Japanese Yen
British Pound / Japanese Yen
Canadian Dollar / Japanese Yen
British Pound / Canadian Dollar
Euro / Canadian Dollar
U.S. Dollar / Swedish Krona
U.S. Dollar / Mexican Peso
U.S. Dollar / South African Rand
Euro / Turkish Lira
Euro / Norwegian Krone
British Pound / Polish Zloty
U.S. Dollar
U.S. Dollar Currency Index
Euro Currency Index
Japanese Yen
Japanese Yen Currency Index
British Pound
British Pound Currency Index
Australian Dollar
Australian Dollar Currency Index
Canadian Dollar
Canadian Dollar Currency Index


khansalarehsan khansalarehsan EURUSD, 1D, Long ,
EURUSD: A great opportunity to go Long EURUSD
731 6 8
A great opportunity to go Long EURUSD

I hate to go long EURUSD as you know but it seems market is fading the move generated by ECB and FED. I just trade what I see on the chart.

Sublime_Trading Sublime_Trading USDCAD, 1D, Long ,
USDCAD: Indecision on The USDCAD
59 0 2
Indecision on The USDCAD

Last post: June 20th. See chart. Review: Price had broken through and established a bull trend above the March high. Update: Recent indecision in the market suggests the much needed pullback is a possibility. Conclusion: Standing aside and letting price dictate a pullback or a trend continuation. A pullback is preferable. Any comments or questions, do not ...

Goodlandz98 Goodlandz98 NZDUSD, 240, Long ,
NZDUSD: NZD/USD- Major support
39 0 2
NZDUSD, 240 Long
NZD/USD- Major support

Strong support, major reversal should take place in the next couple of days.

DatTong DatTong EURCAD, 240, Long ,
EURCAD: EURCAD, Euro Fx/ Canadian Dollar, H4
20 0 2
EURCAD, 240 Long
EURCAD, Euro Fx/ Canadian Dollar, H4

- The tendency is upward - The price closed above support, give candle D1 continuous tendency. --> BUY

Leetrader Leetrader USDCAD, 240, Short ,
USDCAD: USDCAD 4th wave decline
26 2 0
USDCAD, 240 Short
USDCAD 4th wave decline

We think we are in a wave 4 on the 4 hour time frame. So looking for more downside on this chart back to the 38.2% retracement.

Sublime_Trading Sublime_Trading USDTRY, 1D, Short ,
USDTRY: The USDTRY Moves into Consolidation
36 0 1
USDTRY, 1D Short
The USDTRY Moves into Consolidation

Last post: June 14th. See chart. Review: The bulls had resumed strength in the market but price still needed to break and close above the pivot high. Update: Price has moved into a mini area of consolidation and so still requires the breakout. This is still very much bullish. Conclusion: Continuing to apply patience until the breakout is confirmed. Any ...

khansalarehsan khansalarehsan GBPUSD, 480, Short ,
GBPUSD: A great opportunity for Shorting GBPUSD
2310 18 15
GBPUSD, 480 Short
A great opportunity for Shorting GBPUSD

I have already updated you regarding British Pound on EG call. Soon I will update you about USD... Regards, KHAN

hasanrazaq hasanrazaq GBPNZD, 60, Long ,
63 0 2
GBPNZD, 60 Long

Chart Shows Key levels and 1HR Trendline 20 Pip Stop Loss

hasanrazaq hasanrazaq GBPNZD, 60, Long ,
34 0 3
GBPNZD, 60 Long

Chart Shows Key Levels And Trendline On 1HR

khansalarehsan khansalarehsan EURUSD, 1D, Short ,
EURUSD: EURUSD forecast for the coming week
1490 26 10
EURUSD, 1D Short
EURUSD forecast for the coming week

The USD appreciated last week, as expected in my other posts. We had a week loaded with high profile event risk. I believe ECB intentionally announced its dovish policy and just a day before that FED had one its most hawkish monetary policy announcements. Also the influence of the FED monitory policy caused precious metals depreciating during the Friday session. ...

chafani chafani USDCAD, 1D, Short ,
USDCAD: USDCAD - 1D, Potential Bearish Harmonic Patterns
94 0 1
USDCAD, 1D Short
USDCAD - 1D, Potential Bearish Harmonic Patterns

USDCAD - 1D, Potential Bearish Harmonic Patterns

Akil_Stokes Akil_Stokes EURUSD, 240, Long ,
EURUSD: EURUSD - Head & Shoulders Bottom
648 11 8
EURUSD, 240 Long
EURUSD - Head & Shoulders Bottom

Something to keep an eye out for on the $EURUSD this week is the formation of this head & shoulders bottom pattern. A violation of the neckline line would offer a price projection to the 1.1850's & 1.1950"s level in my opinion. Akil Has anyone else noticed that the Ref's in the NBA finals are wearing Golden State Warrior uniforms

Mandeep.Singh Mandeep.Singh GBPUSD, 240, Short ,
162 2 3
GBPUSD, 240 Short
GBP/USD - Bearish

Monthly On the monthly TF, we can see that price has rejected 1.3000 with a spinning top indicating indecision last month. This month, we've seen some bearish momentum, predominately from fundamental movements pushing us down and potentially forming an evening star if we can close at least 60% into April's candle. Weekly 4 weeks ago we had a strong bearish ...

Puri1986 Puri1986 GBPUSD, 240,
GBPUSD: Yesterdays simple trade idea - 300 pips IF I HAD TRADED!
99 4 0
Yesterdays simple trade idea - 300 pips IF I HAD TRADED!

Simple seems best - too many indicators sometimes ruin the best trades

ForecastCity ForecastCity EURUSD, D, Short ,
EURUSD: Another trading opportunity to sell in EURUSD
234 2 4
Another trading opportunity to sell in EURUSD

Midterm forecast: 1.2090 is a major resistance, while this level is not broken, the Midterm wave will be downtrend. Technical analysis: . The RSI bounced from the downtrend #1 and it prevented price from more gains. . A peak is formed in daily chart at 1.1840 on 06/07/2018, so more losses to support(s) 1.1510, 1.1440, 1.1180 and more depths is expected. . ...

sultanm12 sultanm12 USDJPY, 240, Short ,
USDJPY: usd jpy pull back
187 1 3
USDJPY, 240 Short
usd jpy pull back

usd jpy has now completed its pull back and is expected to continue downtrend

Angelofragata Angelofragata EURAUD, 240, Short ,
18 0 1
EURAUD, 240 Short

short Swing trade coming up, heard and shoulders pattern

DatTong DatTong GBPUSD, 240, Short ,
GBPUSD: GBPUSD, British Pound/ U.S. Dollar, H4
125 2 2
GBPUSD, 240 Short
GBPUSD, British Pound/ U.S. Dollar, H4

Cup pattern forming or Double Bottom ???

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