Below is a glossary of terms that are used in the online trading industry. Select the first letter of the word you are seeking from the list above to jump to the appropriate section of the glossary.
A sustained increase in the price of a security or financial instrument. Typically refers to a recovery from a period of decline.
The difference between the highest and lowest price of a security or financial instrument during a given trading session.
The value of one currency for the purpose of conversion to another currency unit. For example, the exchange rate of the euro (EUR) against the US dollar (USD).
Reserve Bank of Australia, the central bank of Australia.
Reserve Bank of New Zealand, the central bank of New Zealand.
The amount of money gained liquidating a position.
The amount of money lost from liquidating a position.
Resistance or resistance level is a price point on a bar chart for a security in which upward price movement is impeded by an overwhelming level of supply for the security that accumulates at that specific price level. This means people may sell at this level and stop any further upward trend developments.
A price “ceiling” above which it is supposedly difficult for a market, security or financial instrument to rise. The opposite of support level.
An official change in the price of a security or financial instrument, especially in regards to a currency (where it means an increase in the value of its exchange rate). The opposite of devaluation.
A particular predetermined date at which a trading contract is rolled-over, hence automatically renewed by the broker or brokerage firm.
The official currency code for Russian ruble.