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Description

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.

Currencies

Major
Minor
Exotic
Currency Indices
EURUSD
Euro / U.S. Dollar
 
   
USDJPY
U.S. Dollar / Japanese Yen
 
   
GBPUSD
British Pound / U.S. Dollar
 
   
AUDUSD
Australian Dollar / U.S. Dollar
 
   
USDCAD
U.S. Dollar / Canadian Dollar
 
   
USDCHF
U.S. Dollar / Swiss Franc
 
   
EURGBP
Euro / British Pound
 
   
EURJPY
Euro / Japanese Yen
 
   
GBPJPY
British Pound / Japanese Yen
 
   
CADJPY
Canadian Dollar / Japanese Yen
 
   
GBPCAD
British Pound / Canadian Dollar
 
   
EURCAD
Euro / Canadian Dollar
 
   
USDSEK
U.S. Dollar / Swedish Krona
 
   
USDMXN
U.S. Dollar / Mexican Peso
 
   
USDZAR
U.S. Dollar / South African Rand
 
   
EURTRY
Euro / Turkish Lira
 
   
EURNOK
Euro / Norwegian Krone
 
   
GBPPLN
British Pound / Polish Zloty
 
   
U.S. Dollar
U.S. Dollar Currency Index
 
   
Euro
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
 
   

News

jamjarFX jamjarFX NZDUSD, 240, Long ,
NZDUSD: Falling Wedge Formation
25 0 2
NZDUSD, 240 Long
Falling Wedge Formation

Falling Wedge Formation. Waiting for a break above the trendline for confirmation to the upside

ArminZed ArminZed EURCHF, 240,
EURCHF: EUR CHF - Opportunity
58 0 1
EURCHF, 240
EUR CHF - Opportunity

As you can see price is into the triangle and wait to breakout Good luck :)

khansalarehsan khansalarehsan TOP GBPUSD, 30, Long ,
GBPUSD: A great opportunity to go Long GBPUSD
53 0 1
GBPUSD, 30 Long
A great opportunity to go Long GBPUSD

GBPUSD Long

khansalarehsan khansalarehsan TOP NZDUSD, 60, Short ,
NZDUSD: A great opportunity for Shorting NZDUSD
50 0 1
NZDUSD, 60 Short
A great opportunity for Shorting NZDUSD

NZDUSD Short

LewisisNude LewisisNude GBPJPY, 240, Short ,
GBPJPY: GBPJPY gartley short
42 3 1
GBPJPY, 240 Short
GBPJPY gartley short

Very deep gartley at market now :)

Roker1 Roker1 PRO EURCAD, 60, Long ,
EURCAD: Flag pattern on EURCAD
21 0 1
EURCAD, 60 Long
Flag pattern on EURCAD

Hi guys, this time we're going with the trend and we're not anticipating any kind of reversal. Instead, since we saw a recent break and close above the Previous Resistance Level (pointed out in the chart) we're now looking to ride the trend untill we get to the next reversal point that will come all the way up to 1,5780. So i went on lower timeframes such as the ...

shoaibghauri93 shoaibghauri93 PRO GBPUSD, 15, Short ,
GBPUSD: GBPUSD SELL
22 0 1
GBPUSD, 15 Short
GBPUSD SELL

Could be seeing a selling momentum towards the 200MA (H4)

Hirschle97 Hirschle97 AUDUSD, 240,
AUDUSD: AUD/USD *SELL*
20 0 1
AUDUSD, 240
AUD/USD *SELL*

Nice clean break of counter trends. Clean test off the fib ABCD Pattern forming Good risk to reward. thank me later.

Ahmed_Alsheikh Ahmed_Alsheikh PRO EURAUD, 1D, Short ,
EURAUD: EURAUD  21-23/02/2018
18 0 1
EURAUD, 1D Short
EURAUD 21-23/02/2018

SELL

chafani chafani EURCAD, 240,
EURCAD: EURCAD - H4, Potential Bearish Harmonic Pattern
16 0 1
EURCAD, 240
EURCAD - H4, Potential Bearish Harmonic Pattern

EURCAD - H4, Potential Bearish Harmonic Pattern

tomtrader tomtrader PRO USDCHF, 240, Short ,
USDCHF: CHFUSD
13 0 1
USDCHF, 240 Short
CHFUSD

Reason in the chart

shoaibghauri93 shoaibghauri93 PRO NZDJPY, 30, Long ,
NZDJPY: NZDJPY - BUY ( Breakout)
11 0 1
NZDJPY, 30 Long
NZDJPY - BUY ( Breakout)

We can be looking at a possible breakout on NZDJPY towards the upside.

TraderOfSwag TraderOfSwag USDGBP, D,
USDGBP: Moment of truth for GBPUSD
9 0 1
USDGBP, D
Moment of truth for GBPUSD

I am looking that GBPUSD is on a strong downtrend but it is trying to re-test the highs of the channel. It is making a nice rebound from the lower part of the Bollinger band so if it breaks the channel, we may see a long uptrend. Let's see, I am adding a SHORT if it fails to break the channel but most likely scenario will be it will go up.

yalertme yalertme EURJPY, 30,
EURJPY: EUR/JPY - Pending Order
9 0 1
EURJPY, 30
EUR/JPY - Pending Order

EUR/JPY - Pending Order

AshleyB95 AshleyB95 AUDUSD, 1D, Short ,
AUDUSD: AUDUSD
8 0 1
AUDUSD, 1D Short
AUDUSD

Nice rejection from 79.500. If we maintain below this then the highlighted areas will be ones to look out for

adamfo adamfo EURCHF, 240,
EURCHF: BUY
7 0 1
EURCHF, 240
BUY

BUY

cghngm cghngm AUDCHF, 60, Long ,
AUDCHF: long
4 0 1
AUDCHF, 60 Long
long

Reversal

fourexampleuk fourexampleuk EURNZD, 1D, Short ,
EURNZD: EURNZD D Short
2 0 1
EURNZD, 1D Short
EURNZD D Short

.

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