Harmonic Trading Patterns
The quotation and pricing structure of the currencies traded in the forex market: the value of a currency is determined by its comparison to another currency..The most traded pairs of currencies in the world are called the Majors. They constitute the largest share of the foreign exchange market, about 85 , and therefore they exhibit high market liquidity. The Majors are: EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CHF, NZD/USD and USD/CAD..
A currency pair is the quotation of the relative value of a currency unit against the unit of another currency in the foreign exchange market. The currency that is .The quotation and pricing structure of the currencies traded in the forex market: the value of a currency is determined by its comparison to another currency..The two currencies in a currency pair are traded one against the other. The rate at which they are traded is called the exchange rate. The exchange rate is .This online forex guide provides detailed overview of trading currency pairs, understanding every pair 's unique qualities and finding out what those qualities are..
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