Key data for the previous price movement

Key data for the previous price movementWhen watching the price of one currency for an earlier period, what is the information you're looking for?You care to know the following information for each prior period:Opening price Open priceClose price closing priceHigh price highest priceLow price lowest priceFmalmqsod this?Suppose you are watching the price of the currency on the basis of each hourThe information that you will get are:What was the price of the currency at the beginning of this time is the opening price.What was the price of the currency at the end of this time is the closing price.How much higher price of a currency during this time, the highest price.How much lower price of a currency during this time, the lowest price.Suppose you are watching the price of the currency on a daily basisThe information that you will get are:What was the price of the currency at the beginning of this day, the opening priceWhat was the price of the currency at the end of the day, the closing priceHow much higher price of a currency during the day, the highest priceHow much lower price of a currency during the day, the lowest priceThus, for any other period of time .. If:11Opening price Open priceIs the exchange rate at the beginning of the time period selected.Close price closing priceIs the exchange rate at the end of the time period selected.High price highest priceIs the highest price of the currency during the time period selected.Low price lowest priceIs the lowest price of the currency during the time period selected.Remember that the above information may be obtained in graphical knowledge of the issue make it very clear, easy, and you will learnNow how is the expression of the movement of the exchange rate using a graphic, which makes you understand the topic more clearly.12Read the graphLook at the graph(See Figure (1(Figure (1In this form the graph to see the pound sterling against the dollar per hour.Which is a type graphs that reflect the price movement and you will learn how you can now read the chart for any currency with the knowledge thatThese graphs are used to express the movement of prices of all commodities in the financial markets such as stocks, commodities, etc. WhenLearn to read the graph of the price movement of currencies will be able to read the chart the movement of the price of any stock or commodity inInternational stock exchanges.(Now see the form (213(Fig. (2See here the main template of the graph is free of information ..(To learn how to read the chart see the form (2GBP / USD 1hour: read the section in the left top form the following sentenceThis sentence tells you that the graph that you see is the price of the pound against the dollar for every hour.GBP / USD DAY: If you see a graph of the pound for each day you will see the following sentenceUSD / JPY WEEK: If you see a chart of the dollar against the Japanese yen for each week you will see the following sentenceUSD / CHF 15MIN: If you see a chart of the dollar against the Swiss franc for each quarter of an hour you will see the following sentenceThus, the sentence that shows you in the right pane of the highest drawing currency and the time frame that you see the special drawing.See the form (2) againYou will see that the vertical line on the far right of the painting - coordinate y - the fee is for the price.And the horizontal line at the bottom of the drawing - abscissa - the fee is for a long time. From oldest to the left to the current timeTowards the right.14This is the main template for any graphIt applies to all types of graphs.Now you will learn how to read the key data of the price movement in the graph15