Your Destination for Free Forex Charts

Welcome to the premier resource for all of your forex chart needs. No matter what your experience level, we will keep you in tune with the market and help you on your way to becoming a successful trader. If you are an experienced trader already, here you will have the opportunity to rediscover some of the fascinating properties of forex trading charts, refreshing your grasp of the subject, and perhaps even acquiring some new insights along the way.

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    EURUSD: Where the action is!


     

    All Currency Pair Charts

    Our extensive forex charts section covers the nine most popular currency pairs. Every symbol page contains a real time live chart with historical data on all the most useful frequencies. We also analyze the pair and tell you about the characteristics and how to trade it.

    AUDCAD Currency pair flag AUDCAD
    AUDCHF Currency pair flag AUDCHF
    AUDJPY Currency pair flag AUDJPY
    AUDNZD Currency pair flag AUDNZD
    AUDUSD Currency pair flag AUDUSD
    BITCOIN USD Flag BTCUSD
    CADCHF Currency pair flag CADCHF
    CADJPY Currency pair flag CADJPY
    EURAUD Currency pair flag EURAUD
    EURCAD Currency pair flag EURCAD
    EURCHF Currency pair flag EURCHF
    EURGBP Currency pair flag EURGBP
    EURHUF Currency pair flag EURHUF
    EURJPY Currency pair flag EURJPY
    EURNOK Currency pair flag EURNOK
    EURNZD Currency pair flag EURNZD
    EURPLN Currency pair flag EURPLN
    EURSEK Currency pair flag EURSEK
    EURTRY Currency pair flag EURTRY
    EURUSD Currency pair flag EURUSD
    GBPAUD Currency pair flag GBPAUD
    GBPCAD Currency pair flag GBPCAD
    GBPCHF Currency pair flag GBPCHF
    GBPJPY Currency pair flag GBPJPY
    GBPNZD Currency pair flag GBPNZD
    GBPSGD Currency pair flag GBPSGD
    GBPUSD Currency pair flag GBPUSD
    NZDCAD Currency pair flag NZDCAD
    NZDCHF Currency pair flag NZDCHF
    NZDJPY Currency pair flag NZDJPY
    NZDUSD Currency pair flag NZDUSD
    USDCAD Currency pair flag USDCAD
    USDCHF Currency pair flag USDCHF
    USDDKK Currency pair flag USDDKK
    USDHUF Currency pair flag USDHUF
    USDJPY Currency pair flag USDJPY
    USDMXN Currency pair flag USDMXN
    USDNOK Currency pair flag USDNOK
    USDPLN Currency pair flag USDPLN
    USDSEK Currency pair flag USDSEK
    USDSGD Currency pair flag USDSGD
    USDTRY Currency pair flag USDTRY
    USDZAR Currency pair flag USDZAR

    What is a Forex Chart, and how do you use it in Forex Trading?

    Forex trading involves the sale of a currency, and the simultaneous purchase of another with the purpose of closing the position at a later time. Unlike in the stock or commodities markets where prices are routinely quoted in USD, the price of a currency can be quoted in any other currency due to the essentially bartering nature of currency transactions where live, as well as historical, forex charts are used to identify trends and entry/exit points for trades.

    The forex market is the most liquid and active market in the world. At every single second an enormous amount of transactions gets executed, with the total daily turnover being regularly estimated to reach trillions of dollars. If we did not make use of an analytical tool such as a forex chart to place the data into a more compact form where it can be visually examined and analyzed, we would be in a vast sea of difficulty when interpreting the numbers. The forex trading chart, then, is a visual aid that makes the recognition of trends, and patterns in general easier, and makes the application of technical tools of analysis at all possible.

    Charts are categorized according to the way price action is depicted as well as the time frame of the period being examined. Imagine that we have a 4-hourly candlestick chart of the EURUSD pair. This means that each candlestick on the graph presents the price data of a four-hour long period in a compact form. What happens inside that time period is irrelevant. If we had chosen an hourly chart, each candlestick on the chart above would be replaced by four different candlesticks.
    There are many ways of depicting the price action on a forex trading chart. Bar charts, candlestick charts, line forex trading charts are a few of the many options available, with each offering its own advantages in some aspect of analysis and utility. But they all do the same thing: they plot the prices of a day (or some mathematical manipulation of the price data) to the time series on the horizontal axis, which is then used by traders to evaluate and understand the market.

    Since currencies are traded in pairs, it’s impractical and not very useful to draw a pure USD currency chart. Instead we have the option of drawing (or rather having the software plot for us) a chart of the USDJPY pair, or the AUDUSD pair, since it is only possible to quote a currency in terms of another. On the other hand, there are some forex charts that take weighted average of such currency pairs to derive an overall index for a currency. The famous USD index, is a good example.

    Charts are the keys that allow us to unlock the secrets of forex trading. The subject covers a vast ground, and only by continuous practice can we expect to acquire the necessity fluency and expertise in evaluating them. The language of forex charts is really the language of currency trading. It will take some time to learn it, but when you are a native speaker, so to speak, your imagination and creativity are the only limits to your potential. No matter your strategy, it is important to remain aware of the risks involved when trading and that losses could occur.

    We provide updated forex charts on the most popular currency pairs as well as more information on technical analyses with the help of forex charts in our forex charts area.