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Free Forex Courses
If you are interested in trading Forex, there are plenty of free Forex courses that can teach you the basics of trading Forex and the theories and strategies behind each trade. If you are looking for an investment vehicle, Forex might be able to help you achieve your investment goals. Here are some suggestions on how to use free Forex courses, to see if Forex trading is right for you.One of the great things about trading Forex is that there are plenty of sites that offer free Forex courses. Many of these sites are directly related to specific brokers that can help you open a Forex account and offer you software, tools and analysis to trade Forex effectively.
Free Forex courses usually come in the form of tutorials or basic web articles; however there is great information if you know where to look. Most Forex course include commentary and analysis from experts on how to trade Forex and can include instruction from expert Forex traders that can walk you through a trading session by streaming a conference call.
Many brokers also assist you with free Forex courses and provide you access to Forex forums where members exchange information, questions and opinions on all things that have to due with Forex.
Most Free Forex courses really over deliver on the amount of information they give to prospective traders. With the help of the internet, free Forex courses really make sense. So if you are looking to educate yourself, check out free Forex courses.
Recent Forex News
Forex Technical Analysis Reports (ActionForex.com)
Technical analysis reports from selected analysts around the world on forex market. Available in ActionForex.com
Today's Market Outlook
EURUSD: Continued to trend higher from 1.5303, 12 Jun low, taking out the key 1.5844 high from 09 Jun, now attacking the 1.5897, 31 Mar/21 Apr highs. Corrective dips have so far been short-lived, until the latest collapse through 1.5777. Overbought studies and a false break of 1.5897 have underpinned...
Australian Dollar Crosses Entering Consolidation Phase
AUDNZD: Longer term, the pair is headed for a test and likely a break of the 2000 high of 1.3506. A consolidation/pullback should get underway soon as a 4th wave. We'll reiterate what we've mentioned in recent weeks though; shorting is dangerous because there is the possibility that the advance...
Chart Of The Day: EUR/USD
Price action on the EUR/USD daily chart, as shown, took a major turn down today as a result of the Non-Farm Payrolls report in the morning. This downturn occurs at a significant technical resistance level around 1.5900, which is represented on the chart by the horizontal support/resistance line marked “A”....
Euro Should Correct To 1.57 Next Week
The EURUSD has completed wave i of larger 3 within the 5 wave bull cycle from 1.5283. Expectations are for wave ii of 3 to bring price back to at least 1.5720 next week. Bulls should use the decline to position for the expected break through 1.6018 (expected to occur...
FX Thoughts for the Day
Cable as per expectation has faced a stiff Resistance at 1.9977-85 and fell sharply in the day to test 1.9850. A bounce to 1.9900 was seen from there. For the day now, a further dip towards 1.9800 should not be surprising. However, 1.9790-70 is expected to provide strong Support....
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Forex Fundamental Analysis Reports (ActionForex.com)
Fundamental analysis reports from selected analysts around the world on forex market. Available in ActionForex.com
Euro Plunges on Trichet
The dollar rallied sharply against the euro in New York trading, rebounding from 1.5908 to beneath the 1.57-level at 1.5683. Ahead of a long weekend holiday in the US, traders digested a barrage of economic events earlier in the session prompting a sharp reversal in the euro from its 2...
Dollar Rallies on Non-Farm Payroll Data
The Usd rose in the European session based on better primarily on the Non-Farm payroll data, and comments by Trichet of the ECB. The EurUsd retracted from the low 1.59 level to the 1.57 price, while the UsdJpy moved from 105 to 106 based on dollar strength. The GbpUsd retreated...
ECB: Rate Hike but Remarkably Cautious
The signal the ECB sent out is that it is serious about its anti-inflation mandate, although markets were little changed after the decision as it was widely expected. However, in line with our expectations the ECB took a balanced approach while still leaving the door open for future changes in...
Service Sector Activity Slips in June
The Institute for Supply Management's non-manufacturing index (NMI) fell below expectations, down 3.5 points to 48.2 in June. The subcomponents confirmed the headline weakness as business activity, new orders and employment all contracted last month. Despite the slowdown, service sector activity likely added to Q2 real GDP growth.
Employment: Weakness Continues - Households Under Pressure
Jobs fell 62,000 in June after declines each month so far this year. Job losses were widespread as evidenced by the diffusion index. The unemployment rate was unchanged and remains over 5 percent since March. Hourly earnings continue to moderate so there are reduced wage-push inflation fears. Households and the...
Newsfeed display by CaRP
Forex Technical Analysis Reports (ActionForex.com)
Technical analysis reports from selected analysts around the world on forex market. Available in ActionForex.com
Today's Market Outlook
EURUSD: Continued to trend higher from 1.5303, 12 Jun low, taking out the key 1.5844 high from 09 Jun, now attacking the 1.5897, 31 Mar/21 Apr highs. Corrective dips have so far been short-lived, until the latest collapse through 1.5777. Overbought studies and a false break of 1.5897 have underpinned...
Australian Dollar Crosses Entering Consolidation Phase
AUDNZD: Longer term, the pair is headed for a test and likely a break of the 2000 high of 1.3506. A consolidation/pullback should get underway soon as a 4th wave. We'll reiterate what we've mentioned in recent weeks though; shorting is dangerous because there is the possibility that the advance...
Chart Of The Day: EUR/USD
Price action on the EUR/USD daily chart, as shown, took a major turn down today as a result of the Non-Farm Payrolls report in the morning. This downturn occurs at a significant technical resistance level around 1.5900, which is represented on the chart by the horizontal support/resistance line marked “A”....
Euro Should Correct To 1.57 Next Week
The EURUSD has completed wave i of larger 3 within the 5 wave bull cycle from 1.5283. Expectations are for wave ii of 3 to bring price back to at least 1.5720 next week. Bulls should use the decline to position for the expected break through 1.6018 (expected to occur...
FX Thoughts for the Day
Cable as per expectation has faced a stiff Resistance at 1.9977-85 and fell sharply in the day to test 1.9850. A bounce to 1.9900 was seen from there. For the day now, a further dip towards 1.9800 should not be surprising. However, 1.9790-70 is expected to provide strong Support....
Newsfeed display by CaRP
Forex Fundamental Analysis Reports (ActionForex.com)
Fundamental analysis reports from selected analysts around the world on forex market. Available in ActionForex.com
Euro Plunges on Trichet
The dollar rallied sharply against the euro in New York trading, rebounding from 1.5908 to beneath the 1.57-level at 1.5683. Ahead of a long weekend holiday in the US, traders digested a barrage of economic events earlier in the session prompting a sharp reversal in the euro from its 2...
Dollar Rallies on Non-Farm Payroll Data
The Usd rose in the European session based on better primarily on the Non-Farm payroll data, and comments by Trichet of the ECB. The EurUsd retracted from the low 1.59 level to the 1.57 price, while the UsdJpy moved from 105 to 106 based on dollar strength. The GbpUsd retreated...
ECB: Rate Hike but Remarkably Cautious
The signal the ECB sent out is that it is serious about its anti-inflation mandate, although markets were little changed after the decision as it was widely expected. However, in line with our expectations the ECB took a balanced approach while still leaving the door open for future changes in...
Service Sector Activity Slips in June
The Institute for Supply Management's non-manufacturing index (NMI) fell below expectations, down 3.5 points to 48.2 in June. The subcomponents confirmed the headline weakness as business activity, new orders and employment all contracted last month. Despite the slowdown, service sector activity likely added to Q2 real GDP growth.
Employment: Weakness Continues - Households Under Pressure
Jobs fell 62,000 in June after declines each month so far this year. Job losses were widespread as evidenced by the diffusion index. The unemployment rate was unchanged and remains over 5 percent since March. Hourly earnings continue to moderate so there are reduced wage-push inflation fears. Households and the...
Newsfeed display by CaRP