๐ TRADING BASICS โ LESSON 4
What is Forex?
Forex stands for Foreign Exchange. It is the global market where currencies are bought and sold.
In Forex, currencies are traded in pairs because one currency is always exchanged for another.
Examples of Forex Pairs
EUR/USD
GBP/USD
USD/JPY
USD/CHF
How Forex Works
For example, when you trade EUR/USD, you are comparing the value of the Euro against the US Dollar.
If you expect the Euro to rise against the Dollar, you may buy.
If you expect the Euro to fall against the Dollar, you may sell.
August 14, 2026 52 1
