Daily Digest:
29th July: Global stock indices bounce and the US Dollar is slightly weaker through the Fed

Fx, foreign exchange or the forex market is the world’s most liquid and largest financial market. We are here to guide you and explain the fx market, where the exchange of currencies (e.g. USD, EUR, bitcoins) takes place.

Latest Analysis

A cautious week for Forex markets sees a reversal in US Dollar-Yen (USDJPY)

Published July 26, 2021 by:
Current Market Analysis
Plus an Aussie reversal (AUDUSD forecast)Kiwi holds support  (NZDUSD forecast)Pound returns to the breakdown point (GBPUSD forecast) Continued

Euro needs to confirm negative pattern

Published July 19, 2021 by:
Current Market Analysis
Euro negative threat (EURUSD forecast)US Dollar Index close to key resistance (DXY forecast)Pound breaks lower (GBPUSD forecast)Aussie posts negative with… Continued

ETX Capital Acquires FSCA Licence in South Africa

Published July 13, 2021 by: FxExplained
ETX Capital Logo
London-based broker ETX Capital has received its licence from the Financial Sector Conduct Authority (FSCA) in South Africa, which means… Continued
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Education Videos

Fundamental vs. Technical Analysis

By:
Fundamental vs. Technical Analysis
In this Master Academy educational video and article, we are looking at the basics of the different approaches to analysing… Continued

Choosing a Broker - Eight factors to consider when choosing a Forex Broker

By:
Choose a Forex Broker
In this video and accompanying commentary, we are looking at the EIGHT factors that any prospective trader should consider when… Continued

Fundamental Analysis

By:
Fundamental Analysis
In this Master Academy educational video and article, we are looking at the basics of Fundamental Analysis. Fundamental Analysis There… Continued
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Learn how to trade Forex - Most Popular

Six Key Mistakes New Forex Traders Make (and How to Avoid Them)

By:
Trading strategy
Forex trading and other similar forms of financial markets trading, such as spread betting and Contract for Difference (CFD) trading have seen a surge in popularity in the 21st Century. And alongside this popularity has come a huge number of new traders, with little or no experiences of financial markets.  Although many of these newbie traders do look to educate themselves, they still often fall… Continued

Trading in Volatile Markets

By:
Volatility roller coaster
Success in trading is always a challenge and can be difficult even with vast experience and a solid, structured training plan, that has been built over time and tested. However, when markets shift to a more volatile phase, even the most experienced trader or investor can find successful trading and investing extremely difficult. Here we are going to look at what an increase in volatility… Continued

Which markets should I trade? A deeper look at financial markets asset classes

By:
Current Market Analysis
We will look at: What are the major asset classes in financial markets? What are the Forex options? What do I need to know about trading the stock market? What are the pros and cons of trading stock indices? Should I consider trading the bond markets? What do I need to know to trade the commodity markets? What financial markets are ultimately better suited to… Continued

Which Forex markets and currencies should I trade?

By:
FX asset classes
We will look at: What are the major asset classes choices? Where to start with FX? Fundamental versus Technical Analysis The “FX Majors” Safe haven currencies “Risk” or commodity currencies Cross currency analysis Peripheral currencies and Emerging Markets What Forex markets are best suited to you? If you are relatively new to financial market trading then you will already have realized that the modern, Forex… Continued

Can being emotional ruin your trading career?

By:
Floor Trader
In an ideal world, as traders we need to have an almost robotic mindset and become mechanical, unattached from the markets, dispassionate, and most importantly be able to make trading decisions without any emotions impacting decisions. However, there is one big problem with this – it is impossible! As humans we can’t NOT experience emotions, after all our emotions help define who we are. Let’s… Continued
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What is FX Explained and why are you here?

  • Are you interested in Forex Trading and just do not know where to start?
  • Are you currently trading and struggling, finding it difficult to achieve consistent profits?
  • Do you not fully understand some of the language being used on other FX or Trading websites?
  • Are you having difficulty choosing a Broker, or are trying to decide on a new Broker?

FX Explained is here to help and guide you. Forex explained in an easy way!

We have a passion for Financial Markets and for helping those trying to find their way in the complicated world of Currency Trading and Investing.

Whether you are a complete novice, or seasoned veteran, we believe that our high level of expertise, combined with a simple approach will help you to develop confidently in this sometimes difficult world of forex trading.

We aim to:

  • Be a guide for you in how FX Trading works.
  • Offer trading tools that you can use in your everyday trading.
  • Provide a comprehensive knowledge base that you can draw on.
  • Help you decide who you should trade with and pick a Broker.
  • Provide timely updates on important FX developments (via email).

So join the FX Explained community to help you become a better trader! We don’t show you how to trade, we help you to become a Trader!

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