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Technical Analysis for EURUSD by TradingView

 
Technical Analysis for GBPUSD by TradingView



TOP 20 Terms in Forex Trading

Decoding the most common terms used in forex will speed up your understanding of the world of currencies

Currency Nick Names:

Single Currency – EUR (Euro)

Loonie – CAD (Canadian dollar)

Swissie – CHF (Swiss franc)

Aussie – AUD (Australian dollar)

Kiwi – NZD (New Zealand dollar)

Greenback, Buck – USD (U.S. dollar)

Sterling, Pound sterling – GBP (British pound)

Currency Pairs:

Cable – GBP/USD (British pound / U.S. dollar)

Ninja – USD/JPY (U.S. dollar / Japanese yen)

Fiber – EUR/USD (Euro / U.S. dollar)

Chunnel – EUR/GBP (Euro / British pound)

Yuppy – EUR/JPY (Euro / Japanese yen)

Barnie – USD/RUB (U.S. dollar / Russian

Popular Phrases:

Going Long – Opening a Bullish (buying) trade

 Going Short – Opening a Bearish (selling) trade

 Cutting Short – To close a losing position early

 Plunging – A price that’s sinking or falling from it’s previous value

 Currency rallying – A price that recovers after a period of its decline

 Position Trading – Trading with huge stop-losses for several months to years, without being too concerned with short term movements in asset prices

 

👉Bloomberg News examples👈

USD/CAD – Dovish BOC hurts the loonie – Bank of Canada reports an interest rate cut, therefore Canadian dollar depreciates against U.S. dollar.

 

AUD/USD – Job report ruined the rally – Bad Australian employment report stopped recent AUD/USD uptrend.

 

NZD/USD – Signs of recovery for the rollercoaster kiwi – New Zealand dollar recovers against U.S. dollar after an ex- tended exchange rate fall.



 
Technical Analysis for AUDUSD by TradingView

 
Technical Analysis for USDJPY by TradingView



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