Currency Pair (Currency Pair)

Blogging and Forex ZRGRZMXMFVK3,Currency Pair (Currency Pair)
Currency (Currency) is always a pair or pairs for each forex transaction means you buy a currency and simultaneously selling another currency. For example rate / exchange rate for the pair GPB / USD GPB / USD = 1.8500, meaning that 1 pound is $ 1.85 USD.

Cross Rate is a currency pair (pair) that do not contain the official currency of a country where the currency is traded, such as foreign exchange transactions conducted in the U.S. (the official currency is USD). This means that the currency pair that does not contain the USD is the cross rate of USD. An example is the GBP / JPY, EUR / GBP, etc.. Pairs that do not involve USD and EUR are called euro involves cross like EUR / GBP.

Currency Pair (Pair) consists of two different currencies quote. Currencies are located on the left is the base currency. as an example of the GBP / USD then GBP called base currecy. While the USD is the quote currency or counter currency.

An example is the quote EUR / USD 1.2500, where as a base currecy EUR and USD as the quote currency. This means that USD 1 is worth U.S. $ 1.25.

If the quote moves from EUR / USD 1.2500 to EUR / USD 1.2510, the euro gained and weakened U.S. dollar. Vice versa if the quote moves from EUR / USD 1.2500 to EUR / USD 1.2490, the euro weakened and the U.S. dollar higher

Currency Pair Graph (Chart) moves EUR (base) USD (quote)
EUR / USD Rise Strengthens Weakens
EUR / USD Down Weakens Strengthens

When you BUY EUR / USD will mean you buy the base currency (EUR) and at the same time selling the quote currency (USD). If you SELL EUR / USD will mean you sell the base currency (EUR) and at the same time buying the quote currency (USD).

Buy EUR / USD -> Buy EUR / Sell USD
Sell ​​EUR / USD -> Sell EUR / Buy USD

Another example:

Pair EUR / USD:
For the prediction of EUR strengthened against the USD, you can BUY EUR / USD
For the prediction USD strengthened against the EUR, you can SELL EUR / USD

Pair USD / JPY:
For the prediction USD strengthened against the USD, you can BUY USD / JPY
For the prediction USD strengthened against the USD, you can SELL USD / JPY