Chapter 2: Meet the Forex Characters!

The Currency Pairs

Currencies come in pairs, like best friends on an adventure!

  • Major Pairs (USD/EUR, GBP/USD) – The superheroes of Forex!
  • Minor Pairs (EUR/GBP, AUD/NZD) – The cool sidekicks!
  • Exotic Pairs (USD/TRY, EUR/SGD) – The mysterious explorers!

The Market Movers

Meet the key players:

  • 🐂 The Bulls – These happy cows push prices up (Buyers)!
  • 🐻 The Bears – These sleepy bears pull prices down (Sellers)!
  • 🏦 The Brokers – The wise wizards who help traders buy and sell.
  • 💰 The Central Banks – The mighty kings who control the money supply

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