How to read currency Pairs : Forex quotes explained
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    How to read currency Pairs : Forex quotes explained
    Es article ma ham forex quotes ki bhot important knowledge ko share karyn gy. Ye learning sb traders ko hasil hona chahe. Es post ma ham kuch tips ko bi discuss karyn gy kay kis tarha ham currencies ko better read kar saktyn hain. Forex quotes kisi bi time par different currencies ki price ko reflect karta hai. Jesa kay trader ka profit or loss currencies ki movement ki waja sy hota hai. So ye bhot essential hai kay kis tarha ham currency pair ko read karny ko understand kar saktyn hain.

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    What are forex quotes.

    Forex quotes ik currency ki reading hoti hai jis ko ham other currency ki term kay sath read karty hain. Ye quotes hamesa currency pairs ma involve hoty hain kiu kay ye ik currency ko buy karty hain or dosri ko sell karna hota hai. Jb ham ik currency pair ko trade ma use karty hain to broker typically two prices ko quote karta hai. Es waja sy ham currency pair kay spread ko jo kay two prices kay bech ma hota hai ko find kar saktyn hain. Ye procedure normally hota hai. Es post ma ham forex quote ko differently explain karyn gy. Number ko consistent rakhny kay laye ye quote same piece kay tor par use kiya jata hai.

    Understanding forex quotes basic.

    Currency pair ko correctly read karny kay laye trader ko forex quote kay fundamental ki learning ani chahe. Es topic ma ham es information ko detail kay sath read karyn gy.

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    1. ISO Code.

    International organization for standardization international standard ko develop or publish karta hai. Ye same knowledge ko global currency par apply karta hai. Es ka matlab ye hai kay har currency ko kisi bi three words sy abbrivate kiya jata hai. Jesy euro ko eur sy abbrivate kiya jata hai or us dollar ko usd sy.

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    2. Base currency and variable currency.

    Forex quotes ma two currencies ko use kiya jata hai. Jis ma ik base currency hoti hai jo pehle appear hoti hai or ik quote currency ya variable currency hoti hai jo last ma appear hoti hai. First currency ki price ko second currency ki price kay units ki sorat ma show kiya jata hai. Agr ham eur/usd ki example ko agr ham consider karyn to ik eur ik dollar ko cost karta hai. Jis ko ham 14 cent or 4 pips sy consider karty hain. Ye es laye natural ni hai kiu kag physically es fraction ko hold ni kiya jata. But ye he forex exchange ka most common feature hai.

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    Bid price and ask price.

    Jb ham two currencies par trade karty hain to currency pair two different prices par quote kaye jaty hain. Bid wo sell price hoti hai jis par trader apni price ko sell karty hain. Buy wo ask price hoti hai jis par trader apni currency ko buy karna chahtyn hain. Kahe bar ye bhot confusing ho jata hai or traders ko es ko samajny ma bhot problems hoti hain. So trader ko bid or ask price broker kay prospective ma consider karna chahe. Trader es time par forex ko buy karty hain jb prices low side par move karti hai. Same es he tarha jb forex ki currencies higher side par move karti hain to hamy sel ki trade ko open karna hota hai. Same es tarha wo anticipation ma currencies ko sell karty hain or currency depreciate hona start ho jati hai. Phr wo future ma es ko lower price sy buy ki trade ko open karny ki khosis karty hain.

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