Fundamental Analysis

Take this test and see how much you know about fundamental analysis.

1 / 5

What is the most important factor when choosing the currency pair for trading?

Prices

Spreads

Trading volume

Price volatility

2 / 5

What does a higher trading volume mean in a currency pair?

Tighter spreads and higher liquidity

Lower liquidity and higher volatility

Higher liquidity and higher risk tolerance

Tighter spreads and lower volatility

3 / 5

Which three pairs have the highest trading volume in forex?

GBP/USD – USD/CAD – USD/CNY

EUR/USD –– USD/JPY – AUD/USD

EUR/USD – USD/JPY – GBP/USD

GBP/USD – AUD/USD – USD/CHF

4 / 5

Apart from trading volume, which factors are important for a trader when choosing a currency pair?

Initial equity and stop loss

Trading strategy and risk tolerance

Initial equity and leverage

Trading strategy and profit limits

5 / 5

Which currency is the most traded Asian currency in forex?

Indian Rupee

Chinese Yuan

South Korean Won

Japanese Yen

Your score is

The average score is 59%

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