This type of chart shows the opening and closing prices and also the highest and the lowest prices during a period. In case the opening price is higher than the closing price the body of the candle is shaded. In contrast, when the closing price is higher than the opening price, the body is not shaded.
The Channel is a sustainable corridor of fluctuations in the asset price with a constant width.
Charts are graphical reflections of price changes of a financial instrument over time.
The procedure of settling orders between transacting parties.
Currencies of the countries, whose exports are mainly based on natural resources. The group may include currencies of both developing and developed countries, such as the Canadian dollar, the Australian dollar, the New Zealand dollar, the Russian ruble and others.
An exchange rate between two currencies derived from their corresponding rates with a third currency. As a rule, the term refers to a currency pair which does not contain the US dollar.
Currency Cross Pairs
Those currency pairs that do not include the US dollar in foreign exchange market trade are referred to as cross currency pairs or crosses
A financial instrument representing an operation of buying/selling of one currency for another.