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Moving average basics

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63, building on yesterday Posted December 13, 2012 by Anna The EURUSD continued to climb higher once again yesterday, recovering virtually all the losses from the sharp sell off last week, which saw the pair test the 1.

Moving average basics currency nicknames are as follows: USD Greenback or Buck GBP Pound Cable CHF Swissy of Franc The most popular currency pair nicknames along with their symbols are shown below: USDJPY Dollar Yen It makes it easier when following CNBC other news broadcasts to understand what the terminology is in the special language that is used in this Forex trading niche. The easiest way to remove short-term variations, revealing any underlying trend, is to plot a moving average, performed in Waiting for Cooling (Fawcett Jones 2008).

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