Orbit Global LTD glossary - definitions of key forex trading terms and concepts.
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Ask Price:

The price at which the market is willing to sell a currency pair.

Aussie:

Slang for the Australian dollar.

Arbitrage:

The simultaneous purchase and sale of an asset to profit from an imbalance in the price.

Appreciation:

An increase in the value of a currency.

ATR (Average True Range):

A technical analysis indicator that measures market volatility by decomposing the entire range of an asset price for that period.