How to Measure Dollar Strength

How to Measure Dollar Strength

Dollar strength is measured by the currency strength meter by comparing the price between major currency pairs and showing the dollar strength as a bar chart or a line chart. How Do You Know if a Dollar is Strong or Weak? You will know the dollar is strong when: you...
What is GJ in Forex – GJ Meaning

What is GJ in Forex – GJ Meaning

GBPJPY Chart by TradingView What is GJ in Forex While reading or trading Forex you have encounter someone saying GJ. While it consists of two letters it is common to use that letter combination. GJ is short from of GBP JPY where traders use first letter from each...
What is CFD in Forex – CFD Meaning

What is CFD in Forex – CFD Meaning

What is CFD Meaning CFD means Contract For Difference and in Forex is used to trade currencies. It is contract between two or more parties where you as a trader can sell or buy currency pair based on your analysis. You will find explanation that contract between two...
What is XAU in Forex – XAU Meaning

What is XAU in Forex – XAU Meaning

XAUUSD Chart by TradingView What is XAU in Forex XAU in Forex stand for Gold. XAUUSD is Forex currency pair which consist of XAU (Gold) and U.S. dollar (USD). While reading or trading on Forex you have encounter someone saying XAU, which means Gold. Why is gold called...

Pin It on Pinterest