One day, you will see the euro quoted at 1.12758, and ten days later, it is 1.09437. (These price quotes are the high on 2023-07-18 and the low on 2023-07-28.) A change in price by 341 points is not abnormal. Later, we will talk about what is normal and h
“Forex” is the abbreviation most used today for “foreign exchange,” meaning the price of one currency in terms of another currency. By definition, all Forex prices refer to the relationship between two currencies, i.e., a pair of currencies.
Forex Glossary The most important terms related to Forex trading are presented in this glossary: ADX (Average Directional Index) A standard technical indicator that measures the strength of a trend.
The answers to the frequently asked questions about the Forex market are presented in these FAQs: What is Forex? You can read the detailed answer in the separate section of the site — What is Forex?.
If you have already read the What is Forex? page, then you should know what Forex market is and what it is all about. If not, please read it now.
