Category Archives: Forex Glossary

Average Directional Index (ADX) is a technical indicator developed by Welles Wilder to determine the strength of a trend and the further price movement by analyzing the dynamics and the differences between the lowest and highest trading prices.

Automated trading gives an opportunity to make the trading process absolutely automated.

Slang term for the Australian dollar.

The Australian dollar and the US dollar currency pair. In this pair the Australian dollar is the base currency, and the US dollar is the quoted one.