The market overview lets you quickly compare price movements on different timescales.
The overview shows three gauges, for the price movement during the last 60 minutes, 24 hours, and 5 days.
Each gauge shows the current price in relation to the high-low range (with prices). A gauge which is
mostly blue means that the current price is towards the top end of the range; orange means that the price
is towards the lower end of the range. The inner bar then shows the open price for the period, and the
corresponding % change.
Below the gauges are three simple candle charts, letting you compare short-term market activity on
the M5, M15 and H1 timeframes.
The USDJPY (or US Dollar Japanese Yen) currency pair represents American (from United States of America) and
Japanese economies. Japanese Yen has a low interest rate and is normally used in carry trades. This is the reason
why it is one of the most traded currencies worldwide. In this pair the US Dollar is the base currency and the
Japanese Yen is the counter currency. The interest rate differential between the Federal Reserve (FED) and the Bank
of Japan (BOJ) affect the value of these currencies. This pair is also known as trading the "ninja" and belongs to the
group of 'Majors', the most important pairs in the world. Other currency pairs in this group also include the following
currency pairs: EUR/USD, GBP/USD, AUD/USD, USD/CHF, NZD/USD and USD/CAD.
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