First: the meaning of the word Forex?
> Forex Ajt of the English word (Forign Exchange) and meaning the foreign exchange rate with the equivalent in other foreign currencies
And if I want to give an example saying that the EURUSD ,,,,,, equal to 1.2038, the way my brothers have noted a symbol of the EURUSD if you read them north to the right of the suggested read them as follows: Euro – U.S. Dollar price and means that one euro equals dollars and twenty cents, thirty-eight percent of the penny
> A second example: if you GBPUSD is equal to 1.7580, suggested would mean that the exchange rate of one pound equals U.S. currency one dollar and seventy five cents and eighty percent of the penny
> From here, dear brothers begin tariff six major currencies around the world and its symbols:
>> There is the world’s six major currencies, the daily trading volume by a very large, leading to exchange rate movement is so fast and be very excellent for circulation, where profits can be collected quickly, and at the same time Warez runs out your losses.
These six major currencies is divided into two parts
1) direct the major currencies:
And who is the currency exchange rate is in U.S. dollars directly to any number in exchange for
Code will be in U.S. dollars, and direct these currencies are
A) the euro against the Aldolarralomriki ……………………………… And has the symbol EURUSD
B) the pound sterling against the U.S. dollar …………….. And has the symbol GBPUSD
C) the Australian dollar against the U.S. dollar …………….. And has the symbol AUDUSD
Examples, and reminded them who are just on the major currencies direct
2) the indirect major currencies:
And is the currency in which the exchange rate of one U.S. dollar which means the dollar
One U.S. Kadic’s worth of hi currencies, and other major currencies is indirect:
A) the U.S. dollar against the Swiss franc ……………….. And has the symbol USDCHF
B) the U.S. dollar against the Japanese yen ……………………. And has the symbol USDJPY
C) the U.S. dollar against the Canadian dollar …………………… And has the symbol USDCAD
> If we take the example of major currencies indirect
- – - – If the price USDCHF 1.3072 Manath this thing that the exchange rate of one U.S. dollar a SWF one penny and 30 and 72 percent of the shark (ie, that figure represents francs)
(Dear brothers, who do not understand something of which already ask him to re-read very very carefully before entering into the next section, and who Libdeh smoked a cigarette and goes, and who smoke go Badush violin works great cup of coffee and goes …… . Let the important)
>> Let us review Choi … Exchange rate requires the existence of two currencies against each other, the number adjacent to each symbol represents the exchange rate of the first coin currency, second, and we have violin that in our six major currencies, and Hai currency Ptnksm to three directly the fact that the number shown represents the exchange rate Hai currency in U.S. dollars, and violin in three indirectly the fact that the number shown represents the value of one U.S. dollar equals how much of the currency )…. Fully until now or here???
>> And then let deepen, our understanding that the work of the six major fact that the U.S. dollar an essential element, but the violin is something about us in the intersection name (CROSS) and descent thing means the exchange rate of one currency against another currency but the U.S. dollar has nothing to do with any of them
* Give an example …. If our code such Hama EURJPY exchange rate of one euro, Japanese yen, means that one euro is equal to how many Japanese yen
>> And the number of intersections between currencies is too large, but most important is the next to the large movement
A) the euro against the Japanese yen …………………………. And symbolized by the EURJPY
B) the euro against the pound sterling Hinniyah ……………….. And symbolized by the EURGBP
C) the euro against the Swiss franc ………………… And symbolized by the EURCHF
D) the pound sterling against the Japanese yen ………… And symbolized by the GBPJPY
>> And until now Penguin concluded tariff currencies traded, the next lesson not Hikon to this page, but suggested to be part of a new topic titled second lesson at the forefront in the foreign exchange market will see Him, God willing, and I accept your responses and questions on this lesson on this page …
And God bless (اقرأ المزيد …)