Forex Glossary of Trading Terms and Definitions

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Welcome to our Forex Glossary, a complete trading dictionary designed to clarify essential forex terms and concepts for traders of all levels. From basics like "pip" and "leverage" to advanced ideas like "carry trade" and "market makers," it covers key players, trading strategies, risk management, and analysis methods. This resource helps you build confidence and make smarter trading decisions by mastering the language of the forex market. Happy trading!

Browse the glossary using this index

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K

Keltner Channel

The Keltner Channel is a technical analysis tool that consists of a central moving average line (typically the Exponential Moving Average, or EMA) surrounded by two bands. These bands are calculated using the Average True Range (ATR) to account for volatility, with the upper band set above the EMA and the lower band set below it. Traders use the Keltner Channel to identify trends, potential reversal points, and overbought or oversold conditions. When prices consistently touch the upper band, it may indicate an uptrend, while touching the lower band might suggest a downtrend.

Kiwi

The New Zealand Dollar (NZD) is commonly referred to as the "Kiwi," named after the native bird of New Zealand, which is a national symbol. The NZD is often used in global currency markets and is known for its relatively high interest rates compared to other developed economies, which can attract international investors.