An effort to forecast prices by analysing market data, e.g., historical price trends and averages, volumes, open interest, etc.
A minimum change in price, up or down.
Tomorrow Next (Tom/Next)
Simultaneous buying and selling of a currency for delivery the following day.
A trend is the prevailing direction that a certain asset or market is moving in. Trends can be confirmed at a number of chart durations, and can be extremely profitable for investors who identify them when they are emerging and invest accordingly.
Trend lines are drawn beneath uptrends and above downtrends to mark their respective support and resistance levels. Unlike regular support and resistance lines they are drawn diagonally across low points in an uptrend to indicate support levels and along high points in a downtrend to indicate resistance levels. When they are broken, the prevailing trend is thought to be over.
Two Way Price
Both the bid and ask rate is quoted for a Forex transaction.