Common Terminology for Foreign Exchange Analysis

foreign exchangeAnalyzing Common Terminology

1Wave amplitude: The amplitude of currency oscillation within a day
2Narrow width:30~50Fluctuations of points
3Long term: more than one month to six months(200Point above)
4Mid term: one week to one month(100spot)
5Short term: one day to one week(30~50spot)
6Range: The amplitude of currency fluctuations over a period of time
7Upward and downward: Breakthrough development in currency value due to news or other factors
8Location: Price coordinates
9Adhesive: The market trend is unclear, and the range is narrow
10Consolidation: A segment of rising(fall)Afterwards, organize and fluctuate within the interval
11Closing:
12Short covering: Originally in the Hawthorn market, it was sold due to news or data(Selling into the market or closing positions)
13Long covering: The market was originally a sell market, but later changed to a slag market(Residue entering the market or closing the warehouse)
14Upper and lower probing: testing the price range
15Upper and lower levels: price target(Above the price level is called the resistance level, and below the price level is called the support level)
16Selling pressure: selling orders at high points
17Buying gas: buying at the bottom price
18Bottom: An important support position for the lower gear
19Unilateral market: approximately10For half a month, the market has only been up but not down, only down but not up
20Market up and down: Currency fluctuates back and forth, up and down within a range
21Cowhide market: narrow market fluctuations
22Panic selling: closing positions upon hearing certain news, regardless of the price level
23Light trading volume: small trading volume with small fluctuations
24Active trading: high trading volume with large fluctuations