Skip to main content

XtremeMarkets

Convergence

Convergence In Forex Trading is describe as the condition under which the asset price and the value of another asset is move in the same direction. The Contract price is also higher that effect the time value mentioned in money.

Cross Rate

Cross Rate in Forex Trading is used to calculate the exchange rate for the currency pair whose exchange rate is not even quoted like EUR/GBP, CHF/JPY, AUD/NZD. It will be calculated by comparing the value of each currency pair against the third major currency the US Dollar.

Correlation

Correlation in forex trading is defined as the positive and negative relationship between the two currency pairs. A positive correlation means that the two currency pairs over to the tandem and the Negative correlation that means they move to the opposite directions.

Cryptocurrency

Cryptocurrency is also know as the digital currency that uses the blockchain that relies the cryptography for the security.The blockchain means that the individuals can transact one exchange to other.Cryptography is used to keep transactions secure and to control the creation of additional units of a currency.

Bank of England (BoE)

BoE(Bank of England) promote the maintaining monetary and financial stability for the service goods for people of United Kingdom.

Bank of Canada (BoC)

BoC( Bank of Canada) promote the economic and financial welfare of Canada defined in the Bank of Canada.

Balance of Trade

In Forex trading market a Trade Balance, or Balance of Trade, is the difference between the monetary value of exports and imports of a specific country’s .

Bitcoin Cash

Bitcoin Cash is peer-to-peer electronic currency of internet that is fully decentralized with no central bank.

Bitcoin

Bitcoin (BTC) is a form of digital currency that runs on a distributed network of computers.

Breakout

Breakout shows price moves above a resistance level or moves below a support level.

Bar Charts

Bar Chart In Forex Shows the high and low prices according to Market movement.

Bearish

A “bearish market” shows that the price is in a downtrend, marked by lower highs and lower lows.

Bear

In a bear market, traders are looking to enter the market when prices are falling

Account Value

The account value shows that how much one’s account is worth.

Advance/Decline Index

The Advance/Decline Index is calculated by subtracting the number of declining market prices from the number of advancing security prices.

ANZ Commodity Price Index

ANZ Commodity Price Index is a monthly report that tracks the movement of prices received for NZ’s main export categories, in both world prices and NZ Dollars.

Analyst

Analysts can generally divide into two categories Fundamental and Technicals analysis.Fundamental analysis is mainly based on the Fundametal economy prospects. Technical Analysis represent the chart price movements.