A currency is said to appreciate when it strengthens in price in response to market demand.
Taking advantage of prices in different – but related – markets by the purchase or sale of an instrument and the simultaneous taking of an equal and opposite position in a related market to profit from small price differentials.
ask (offer) price
The price at which the market is prepared to sell a specific currency in a contract. At this price, the trader can buy the base currency. In the quotation, it is shown on the right side of the quotation. For example, if USD/CHF is quoted as 1.2400/04, the ask price is 1.2404, and this means you can buy one US dollar for 1.2404 Swiss francs.
A type of chart ...