This type of chart shows the opening and closing prices and also the highest and the lowest prices during a period. In case the opening price is higher than the closing price the body of the candle is shaded. In contrast, when the closing price is higher than the opening price, the body is not shaded.

The abbreviation CFD stands for “Contract for Difference”. It is a contract between two parties: the seller pays the buyer the difference between the current value of an underlying asset and its value at the moment the contract is made if the difference is positive, and, vice versa, if the difference is negative, the buyer pays the seller. With CFDs traders can get access to underlying assets without actually owning them.

The Channel is a sustainable corridor of fluctuations in the asset price with a constant width.

Charts are graphical reflections of price changes of a financial instrument over time.

The procedure of settling orders between transacting parties.

The Commodity Channel Index is an indicator developed by Donald Lambert. Despite the original purpose of the indicator to identify new trends, nowadays it is widely used to measure the current price level in relation to its average value.

Currencies of the countries, whose exports are mainly based on natural resources. The group may include currencies of both developing and developed countries, such as the Canadian dollar, the Australian dollar, the New Zealand dollar, the Russian ruble and others.

An exchange rate between two currencies derived from their corresponding rates with a third currency. As a rule, the term refers to a currency pair which does not contain the US dollar.

Those currency pairs that do not include the US dollar in foreign exchange market trade are referred to as cross currency pairs or crosses

A financial instrument representing an operation of buying/selling of one currency for another.