Forex

What type of market is forex?

• Exchange market

• Online Market

• Over-the-counter market

What is the largest market in the world?

• Stock market

• Options Market

• Forex market

How big is the forex market?

• Over $5 Trillion

• $75 billion

• $100 million

• $5 bilion

In forex, what are the three main types of analysis?

• Fundamental, Technical and Sentimental

• Statistical, Technical, Mechanical

• Fundamental, Quantitative, Qualitative

Which type of analysis looks at historical price movements to determine the current trading conditions and potential price movement?

• Technical analysis

• Fundamental analysis

• Sentimental analysis

Which type of analysis looks at economic, social, and political forces that affect the supply and demand of an asset?

• Sentimental

• Fundamental

• Technical

Why is the economic outlook important in fundamental analysis?

• Consumers spend more on iPhone when they anticipate strong economic growth

• Forex analyst can gauge the potential currency direction better by estimating future economic condition

• Can’t you see that outlook just means look out

Which of the following is not a good source of the market information?

• Twitter

• Economic calendars

• Your blind barber

• News services

What is fundamental analysis?

• The study and use of harmonic price patterns

• The study and use of economic, political, and environmental reports to forecast future price action

• The study and use of the basic chart patterns.

If you wanted to buy the euro because Germany's economy is booming, which type of analysis are you doing?

• Sentimental

• Technical

• Fundamental