Forex Glossary

The Industry's Most Important Terms Explained

The forex industry is made up of countless definitions and it's easy to forget a few along the way. But because no 4xincome can be complete without a glossary of forex terms, we've compiled one which aims at explaining key definitions in the simplest way possible. This way, you'll never be lost or confused again

A

ADP Non-Farm Employment Change

ADX

AED

AFN

ALL

AMD

ANG

AOA

ARS

ATR

AUD

AWG

AZN

Abandoned Baby

Absolute Drawdown

Account History

Accumulation/Distribution

Actionary Waves

Adaptive Moving Average

Advance Block

Affiliate

Afghani

Aggregate Risk

Algorithmic Trading

Alligator

Andrews’ Pitchfork

Arbitrage

Argentine Peso

Armenian Dram

Aruban Florin

Ascending Trend Channel

Ascending Trendline

Asian Session

Ask

Asset

Asset Allocation

Aussie

Australian Dollar

Auto Scroll

Automated trading system

Average Directional Movement Index

Average Hourly Earnings

Average True Range

Awesome Oscillator

Azerbaijanian Manat

B

BAM

BBA Mortgage Approvals

BBD

BDT

BGN

BHD

BIF

BIS

BMD

BND

BOB

BRL

BSD

BTN

BW Zone Trade

BWP

BYN

BZD

Backtesting

Bahamian Dollar

Bahraini Dinar

Balance

Bangladeshi Taka

Bank Lending

Bank Rate

Bank Stress Test Results

Bank of International Settlements

Bar Chart

Bar Down

Bar Up

Barbados Dollar

Barrel

Base Currency

Base Rate

Basis Point

Bear

Bear Candle

Bear Market

Bear Trap

Bearish

Bearish Reversal

Bearish Sentiment

Bears Power

Behavioral Finance

Belarusian Ruble

Belize Dollar

Belt Hold (or Shaven Bottom)

Belt Hold (or Shaven Head)

Bermudian Dollar

Bid

Bitcoin

Boliviano

Bollinger Bands

Bond

Bond Yield

Bosnian Convertible Mark

Botswana Pula

Bottom

Brazilian Real

Breakaway (bearish)

Breakaway (bullish)

Breakaway Gap

Brent Oil

Bretton Woods Agreement

Broadening Formation

Broker

Brunei Dollar

Building Approvals

Building Permits

Bulgarian Lev

Bull

Bull Candle

Bull Market

Bull Trap

Bullish

Bullish Reversal

Bulls Power

Bundesbank

Burundi Franc

Bushel

Business Climate

Business Confidence

Business NZ Manufacturing Index

Buy Limit

Buy Limit Order

Buy Order

Buy Stop

C

CAD

CB Consumer Confidence

CBOE

CBOT

CCI

CD

CDF

CFD

CFTC

CHF

CLP

CME

CME Group

CNY

COMEX

COP

CPI

CRC

CUC

CUP

CVE

CZK

Cable

Cabo Verde Escudo

Caixin Manufacturing PMI

Call Option

Camarilla Equation

Canadian Dollar

Candlestick Chart

Capacity Utilization

Capital Expenditure

Capital Gains

Capital Loss

Carbon Credit

Carry Trade

Carry-over Charge

Cash Flow

Cash Market

Cash Rate

Cash Settlement

Centered Moving Average

Central Bank

Central Bank Intervention

Certificate of Deposit

Chaikin Oscillator

Channels

Chart

Chart Shift

Chartist

Chicago Board Options Exchange

Chicago Board of Trade

Chicago Mercantile Exchange

Chicago PMI

Chilean Peso

Choppy Market

Claimant Count - UK

Cleared Funds

Clearing

Client Terminal

Closed Position

Closing Market Rate

Closing Price

Collateral

Colombian Peso

Commission

Commodities Futures Trading Commission

Commodity

Commodity Block Currency

Commodity Channel Index

Commodity Exchange

Concealing Swallow

Confirmation

Congolese Franc

Consumer Price Index

Continuing Jobless Claims

Contract Month

Contract Months Code

Contract for Difference

Contrarian Trading

Control Points

Convertible Mark

Core Consumer Price Index

Core Durable Goods Orders

Core Personal Consumption Expenditures

Core Retail Sales

Correction

Corrective Wave

Cost of Living Index

Costa Rican Colon

Counter Currency

Coupon Rate

Cover

Cross Rate

Crude Oil

Crude Oil Inventories

Cryptocurrency

Cuban Peso

Currency

Currency Appreciation

Currency Futures

Currency Pair

Currency Peg

Current Account

CySEC

Cycle Lines

Cyprus Securities and Exchange Commission

Czech Koruna

D

DAX

DEMA

DJF

DJIA

DKK

DOP

DPO

DZD

Daily Chart

Danish Krone

Dark Cloud Cover

Data Window

Day Trade

DeMarker Oscillator

Default

Deflation

Deliberation

Demo Account

Depreciation

Depression

Depth of Market

Descending Triangle

Detrended Price Oscillator

Direct Quote

Directional Indicator

Discretionary Trading

Divergence

Djibouti Franc

Doji

Doji Star

Dominican Peso

Donchian Channel

Double Bottom

Double Crossover

Double Exponential Moving Average

Double Top

Dovish

Dow Jones Industrial Average

Dow Theory

Downside Gap Three Methods

Downside Tasuki Gap

Downtrend Channel

Dragonfly

Drawdown

Dumpling Tops

Durable Goods

Durable Goods Orders

E

EA

ECB

ECN Broker

EGP

EMA

ERN

ETB

EUR

EURO

Economic Sentiment Indicator

Efficient Market Hypothesis

Egyptian Pound

Elliott Wave Theory

Empire State Manufacturing Index

Employment Change

Employment Cost Index

Engulfing Pattern (Bearish)

Engulfing Pattern (Bullish)

Envelopes

Equidistant Channel

Equivolume

Ethiopian Birr

European Central Bank

Eurozone

Evening Doji Star

Evening Star

Exchange Execution

Exchange Rate

Execution

Exhaustion Gap

Existing Home Sales

Expert Advisor

Exponential Moving Average

Exposure

F

FJD

FKP

FOMC

FOMC Economic Projections

FOMC Funds Rate

FOMC Meeting Minutes

FOMC Press Conference

FOMC Statement

Factory Orders

Failure Swing

Fair Value

Falkland Islands Pound

Falling Three Methods

Fed (The)

Fed Monetary Policy Report

Federal Open Market Committee

Federal Reserve (The)

Federal Reserve System (The)

Fed’s Beige Book

Fed’s Monetary Policy Statement

Fibonacci Arcs

Fibonacci Channel

Fibonacci Expansion

Fibonacci Fan

Fibonacci Numbers (Sequence)

Fibonacci Retracement

Fibonacci Time Zones

Fiji Dollar

Fill

Fill Policy

Fill Price

Fill or Kill

Filtering (candlesticks)

Final CPI

Final GDP

Fixed Asset Investment

Flag

Flagpole

Flat Correction

Floating Exchange Rate

Force Index

Foreground Chart

Foreign Exchange

Forex

Forex Chart

Forex Scalping

Forex Signal System

Forex Signal System - Currency Basket

Forex Spot Rate

Forex Trading Robot

Forint

Fractal Adaptive Moving Average

Fractals

Frypan Bottom

Fulcrum

Fundamental Analysis

Futures

Futures Contact

G

G20 Meeting

GBP

GDP

GEL

GHPR

GHS

GIP

GMD

GNF

GTC

GTQ

GYD

Gann Fan

Gann Grid

Gann Line

Gap

Gator Oscillator

Genetic Algorithm

German Flash Manufacturing PMI

German Flash Services PMI

German Ifo Business Climate

German Prelim CPI

German Retail Sales

German ZEW Economic Sentiment

Ghana Cedi

Gibraltar Pound

Go Long

Go Short

Good til Canceled

Goods Trade Balance

Gourde

Gravestone Doji

Grid

Gross Domestic Product

Gross Loss

Gross Profit

Guinea Franc

Guyana Dollar

H

HKD

HNL

HRK

HSI

HTG

HUF

Half-Mast

Halifax HPI

Hammer

Hang Seng Index

Hanging Man

Harami (Bearish)

Harami (Bullish)

Harami Cross (Bearish)

Harami Cross (Bullish)

Harmonicity

Hawkish

Head and Shoulders

Hedge

Hedge Funds

Heiken Ashi

High Frequency Trading

High Price

History Center

Homing Pigeon

Hong Kong Dollar

Horizontal Count

Housing Starts

I

IDR

ILS

IMF

INR

IQD

IRR

ISK

ISM Manufacturing PMI

ISM Non-Manufacturing PMI

Iceland Krona

Ichimoku Kinko Hyo

Identical Three Crows

Impulse Waves

In Neck Line (Bearish Continuation)

In Neck Line (Bullish Continuation)

Indian Rupee

Indicator

Indirect Quote

Inflation

Inside Day

Interbank Rate

Interest Rate

Intermarket Analysis

Intermediate Cycle

Intermediate Trend

Internal Trendline

International Monetary Fund

Intraday Trading

Inverse Head and Shoulders

Inverted Hammer

Iranian Rial

Iraqi Dinar

Island Reversal

J

JMD

JOD

JOLTS Job Openings

JPY

Jamaican Dollar

January Barometer

Japanese Candlesticks

Jordanian Dinar

Juglar Cycle

K

K Wave

KES

KGS

KHR

KMF

KPW

KRW

KWD

KYD

KZT

Kagi Charts

Keltner Channel

Kenyan Shilling

Kicking (Bearish)

Kicking (Bullish)

Kitchin Wave

Kiwi

Kondratieff Cycle

Kuna

Kuwaiti Dinar

Kwanza

L

LAK

LBP

LKR

LRD

LSL

LYD

Labour Cost

Labour Force Participation Rate

Labour Productivity

Lagging Indicator

Lao Kip

Latency

Latter Bottom

Latter Top

Leading Economic Index

Leading Indicator

Lebanese Pound

Lek

Lempira

Leverage

Liberian Dollar

Libyan Dinar

Limit Order

Limit Price

Line Chart

Linear Regression Channel

Linearly Weighted Moving Average

Liquidity

Litecoin

Logarithmic Scale Charts

Long Black Body

Long Legged Doji

Long Position

Long White Body

Loonie

Lot

Loti

Low Price

Lunar Cycle

M

MACD

MAD

MDL

MGA

MKD

MMK

MNT

MOP

MRO

MUR

MVR

MWK

MXN

MYR

MZN

Malagasy Ariary

Malawi Kwacha

Malaysian Ringgit

Margin

Margin Call

Margin Level

Mark-to-Market

Market (Terminal Tab)

Market Depth

Market Execution

Market Facilitation Index

Market Maker

Market Order

Market Price

Market Profile

Market Rate

Market Watch

Marubozu

Mass Index

Matching High

Matching Low

Mauritius Rupee

Maximum Drawdown

McClellan Oscillator

Median Price

Meeting Lines (Bearish)

Meeting Lines (Bullish)

MetaEditor

Mexican Peso

Micro Lot

Middle Rate

Mini Lot

Minimum Bid Rate

Model

Moldovan Leu

Momentum

Momentum Oscillator

Monetary Policy Statement

Money Flow Index

Money Management

Morning Doji Star

Morning Star

Moroccan Dirham

Motive Wave

Moving Average

Moving Average Convergence Divergence

Moving Average of Oscillator (OsMA)

Mozambique Metical

N

NAD

NFA

NFP

NGN

NIO

NOK

NPR

NYSE

NZD

Naira

Namibia Dollar

Nasdaq

Nasdaq Composite Index

National Futures Association

Navigator

Nepalese Rupee

Netherlands Antillean Guilder

New Home Sales

New York Stock Exchange

New Zealand Dollar

News (Tab)

Ngultrum

Nikkei

No Dealing Desk

Noise

Nominal Value

Nominality Principle

Non-Failure Swing

Non-Farm Payroll Report

North Korean Won

Norwegian Krone

Notional Value

O

OBV

OMR

OPEC

OTC

On Balance Volume

On Neck Line (Bearish Continuation)

On Neck Line (Bullish Continuation)

Open Interest

Open Position

Open Price

Options

OsMA

Oscillator

Oscillator Analysis

Over the Counter

Overbought

Overnight Position

Overnight Rate

Oversold

P

PAB

PCE

PEN

PGK

PHP

PKR

PLN

PMI

PPI

PYG

Pakistan Rupee

Palladium

Parabolic SAR

Pataca

Pa’anga

Pending Orders

Pennant

Personal Consumption Expenditures

Personal Spending

Peso Convertible

Peso Uruguayo

Philippine Peso

Piercing Line

Pip

Pivot Points

Platinum

Point

Point & Figure

Position

Pound Sterling

Producer Price Index

Profit Factor

Profit Taking

Profit Trades

Pula

Purchasing Manager’s Index

Q

Quote Currency

R

ROC

RON

RSD

RSI

RUB

RWF

Rally

Rand

Random Walk Theory

Range

Rate

Rate of Change

Real Body

Recession

Recovery Factor

Rectangle

Regulated Market

Relative Drawdown

Relative Strength Index

Relative Vigor Index

Renko Charts

Requote

Reserve Currency

Resistance

Retail Investor

Retail Sales (US)

Retracement

Return Line

Reversal

Reversal Pattern

Reward-to-Risk Ratio

Rial Omani

Riel

Rising Three Methods

Risk

Risk Appetite

Risk Aversion

Risk Management

Rollover Rate

Romanian Leu

Round Trip

Rufiyaa

Runaway Gap

Rupiah

Russian Ruble

Rwanda Franc

S

Slippage

Soft Currency

Speculator

Spike

Spread

Sri Lanka Rupee

Stop Loss Order

T

Take Profit Order (T/P)

Technical Analysis

Trade Balance

V

VEF

VND

VPS

VUV

Value Date

Vatu

Virtual Private Server

Volume

W

WST

WTI

Wave

Wave Principle

Wedge

Weighted Moving Average

West Texas Intermediate

Whipsaws

Williams’ Percent Range (%R)

Won

X

XAG

XAU

XCD

XOF

XPD

XPF

XPT

Y

YER

Yemeni Rial

Yen

Yield

Yuan Renminbi

Z

ZAR

ZMW

ZWL

Zambian Kwacha

ZigZag

Zimbabwe Dollar