Forex Glossary
E
Economic calendar
An economic calendar is a calendar of events provided by brokers and other financial companies through which traders track the events affecting the price movements of assets.
Envelopes Indicator
The Envelopes indicator reflects the overbought or the oversold state of the price, thus allowing to determine the entry and exit points from the market, as well as the moments of the possible trend break-down.
EURJPY
The currency pair, formed from Euro and the Japanese yen, shows how many Japanese yen are needed to purchase one Euro.
Euro
A monetary unit used in 19 countries of the European Union: Austria, Belgium, Germany, Greece, Ireland, Spain, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia and Estonia.
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