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Harami

A two-candle pattern that has a small body candle completely contained within the range of the previous body, and is the opposite color. Coming after a strong trend, this pattern indicates a decrease in momentum and possibly the end of the trend.

Posted byWinstone MarketJuly 20, 2020Posted inForex GlossaryLeave a comment on Harami

Evening Star

A bearish reversal pattern that continues an uptrend with a long white body candle followed by a gapped up small body candle, then a down close with the close below the midpoint of the first candle.

Posted byWinstone MarketJuly 20, 2020Posted inForex GlossaryLeave a comment on Evening Star

Credit Risk

The negative chance that a person who owes currency cannot repay.

Posted byWinstone MarketJuly 20, 2020Posted inForex GlossaryLeave a comment on Credit Risk

EURUSD

The most popular currency pair where Euro, is the base currency traded against the US dollar- the quoted currency.

Posted byWinstone MarketJuly 20, 2020Posted inForex GlossaryLeave a comment on EURUSD

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