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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
Minors
Exotics
Currency Indices
EURUSD
Euro Fx/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 Fx/British Pound
 
   
EURJPY
Euro Fx/Japanese Yen
 
   
GBPJPY
British Pound/Japanese Yen
 
   
CADJPY
Canadian Dollar/Japanese Yen
 
   
GBPCAD
British Pound/Canadian Dollar
 
   
EURCAD
Euro Fx/Canadian Dollar
 
   
USDSEK
U.S. Dollar/Swedish Krona
 
   
USDMXN
U.S. Dollar/Mexican Peso
 
   
USDZAR
US DOLLAR / RAND
 
   
EURTRY
Euro Fx/Turkish New Lira
 
   
EURNOK
EURO / NORWEGIAN KRONE
 
   
GBPPLN
POUND STERLING / ZLOTY
 
   
Dollar Index
US Dollar Currency Index
 
   
Euro Index
EURO CURRENCY INDEX
 
   
Japanese Yen Index
JAPAN YEN CURRENCY INDEX
 
   
British Pound Index
BRITISH POUND CURRENCY INDEX
 
   
Australian Dollar Index
AUSTRALIAN DOLLAR CURRENCY INDEX
 
   
Canadian Dollar Index
CANADIAN DOLLAR CURRENCY INDEX
 
   

News

MarioPaul MarioPaul EURUSD, 240, Long ,
EURUSD: Bulls - EURUSD
17 0 1
EURUSD, 240 Long
Bulls - EURUSD

eurusd Looking to go long on this pair as there doesnt seem to resistance on this pair or even resistance become support.

Besi7 Besi7 EURUSD, M,
EURUSD: Eur/Usd Long
28 0 2
EURUSD, M
Eur/Usd Long

EU next target is 1.1900

InderjeetB InderjeetB EURUSD, 15, Short ,
EURUSD: EURUSD Short
36 0 2
EURUSD, 15 Short
EURUSD Short

FX_IDC:EURUSD has broken its channel on the upside. Combined with the resistance at 1.16228 a break below can thrust the pair till a 1.15830 levels. Sell on a pullback to 1.16300 for a target of 1.5736 with a stop at 1.1658

NeeteshJain NeeteshJain PRO EURINR, D,
EURINR: Educational 04: How To Trade Channel Breakouts?
391 10 13
EURINR, D
Educational 04: How To Trade Channel Breakouts?

This is the fourth education series on Channel (link of Educational 01, Educational 02, Educational 03 given below), In this educational post, I cover up points that provide opportunity to trade breakouts in channels and also managing risk while trading it. Steps To Follow: Step 1: Confirm breakout with volume Step 2: Wait for retracement back to trendline ...

Foralex Foralex PRO GBPAUD, 30,
GBPAUD: ULTIMATE Strategy : Huge profit ratio : WATCH THIS**
86 0 3
GBPAUD, 30
ULTIMATE Strategy : Huge profit ratio : WATCH THIS**

Hello traders ! My name is Alex 0.19% 0.19% and Im a 21 years old trader and business man from Canada. For the last 3 months i've work on finding the perfect stochastic/rsi combo on multi time frame . I've found and backtested a lot of system using 3 to 8 different time frame stochastic/rsi at the same time . Some of these system are giving me a 75% win ...

raj3elite raj3elite EURUSD, W, Long ,
EURUSD: Rounded Bottom on EURUSD
309 2 10
EURUSD, W Long
Rounded Bottom on EURUSD

Rounded Bottom pattern formation on EURUSD and it will break on upside. Trade: Buy above - 1.15315 Target 1 - 1.19027 Target 2 - 1.22900 Stop Loss - 1.09915

Latesh_Narula Latesh_Narula EURUSD, W, Long ,
EURUSD: EURO USD breaking out of the range
20 0 2
EURUSD, W Long
EURO USD breaking out of the range

FX:EURUSD breaking out of the range , Dollar Weekening supporting to Rise in EURO w.r.t . USD . Kumo tWIST SUPPORTING THE same .

Feross543 Feross543 AUDUSD, 240, Long ,
AUDUSD: AUDUSD
26 0 3
AUDUSD, 240 Long
AUDUSD

ErsoyGonulacar ErsoyGonulacar GBPUSD, 60, Long ,
GBPUSD: long
37 2 3
GBPUSD, 60 Long
long

long

raj3elite raj3elite USDINR, D, Long ,
USDINR: Ascending Triangle on USDINR
73 0 7
USDINR, D Long
Ascending Triangle on USDINR

Ascending Triangle pattern formation on USDINR and the price near to the DEMA 200. Trade: Buy above - 65.025 Target 1 - 65.525 Target 2 - 66.135 Stop Loss - 64.295

SriNath SriNath USDJPY, 60, Short ,
USDJPY: Possible Head and shoulder pattern Formation
49 0 2
USDJPY, 60 Short
Possible Head and shoulder pattern Formation

only trade if it follow this pattern Enter at Retest

SriNath SriNath USDJPY, 60,
USDJPY: USDJPY LONG
27 0 1
USDJPY, 60
USDJPY LONG

It formed morning star Good reversal sign Sellers take over by BUYERS MORNING STAR: (Long Bearish candle Followed by center completed body followed by Bullish candle.

GrowingForex GrowingForex EURUSD, 60, Long ,
EURUSD: Eur Usd Trump Eyed  06-04-2017 (AP)
83 0 7
EURUSD, 60 Long
Eur Usd Trump Eyed 06-04-2017 (AP)

Hello Fellas, The pair is still ranging in 60 pips. there is no clear direction on the pair. A break above 1.0690 would trigger 1.0733 then 1.0766 & 1.0799. on the flip side next support lies at 1.0620,1.0600,1.0590. Trade at the breakout of the falling wedge & the resistance trend line & confirming it with the RSI & the Bollinger band. Note: Everything works ...

MarioPaul MarioPaul GBPUSD, 240, Long ,
GBPUSD: Bullish - GBPUSD
7 0 0
GBPUSD, 240 Long
Bullish - GBPUSD

gbpusd Once the market opens tomorrow, if I see a bullish close once again. I will be going long on this pair.

MarioPaul MarioPaul USDCHF, 240, Short ,
USDCHF: BEARS - USDCHF
13 0 0
USDCHF, 240 Short
BEARS - USDCHF

usdchf Will be looking to go short on this pair and it seems that there is quite a lot of potential to the downside.

PrakashPal PrakashPal GBPCAD, 30, Short ,
GBPCAD: GBPCAD Short Maybe ! Maybe Not
3 0 0
GBPCAD, 30 Short
GBPCAD Short Maybe ! Maybe Not

Its 23/07/2017 .. very rainy over here ... enjoying every bit of it .. GBP CAD dragged my attention .. 30 Mins chart it shows some potential to move more downside at 1.6210 area .. I like to take a strict focus on this pair .. breaking out 1.6283 Low or rejection again from the breakout trendline lure me for a selloff and target 1.6210 area

Besi7 Besi7 GBPJPY, D,
GBPJPY: GBP/JPY
14 0 0
GBPJPY, D
GBP/JPY

GBP/JPY--- Long

InderjeetB InderjeetB EURCAD, 120, Long ,
EURCAD: EURCAD Long
24 0 1
EURCAD, 120 Long
EURCAD Long

FX_IDC:EURCAD is moving lower to test its previous support at 1.44970. Buy at 1.45000 for a target 1.45600. Since the previous level of 1.44800 has provided excellent support multiple times before on the 1h & 2h timeframes, maintain stop of 1.44800

123456...Show More Ideas
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