The Flag refers to short-term graphical price patterns of trend continuation which show that its direction will remain unchanged in the near future. For example, on the daily chart, this pattern is often formed within a week or two.

The Force Index is an indicator developed by Alexander Elder to measure the power of price movements interpreting the changes of its components: direction, magnitude and volume. This oscillator fluctuates around the zero level, which is the point of relative balance of forces that move the price.

The market where participants have the opportunity to buy, sell, exchange and speculate on currencies. The Forex market is comprised of commercial banks, central banks, investment management companies, hedge- funds, retail forex brokers and investors (traders).

A Forex dealer is a financial company authorized to organize foreign currency trading.

Price level which acts as a ceiling and caps the rise of the current currency price.

Forward transaction is an urgent transaction in which the seller and the buyer agree to deliver the sold asset (currency, commodity) on a certain date in the future, while the price of the asset is decided at the moment of making the deal.

Fractal is an indicator, which displays the local highs and lows where the price movement has stopped and reversed. These reversal points are respectively called Peaks and Troughs.

The analysis of economic and political events, which may affect the future direction of prices in financial markets. In the currency market, fundamental analysis is based primarily on macroeconomic events.