Forex Quotes Infographic
Key Takeaw Forex Quotes (Base & Quote)
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Base Currency

The first currency in a pair (e.g., in EUR/USD, EUR is the base currency).

Forex charts show how the base currency moves against the quote currency.

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Quote Currency

The second currency in a pair (e.g., in EUR/USD, USD is the quote currency).

It's the currency used to measure the value of the base currency.

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When You Buy the Base Currency

  • ✅ You're buying the base currency and selling the quote currency.
  • ✅ You profit if the base currency goes up in value.
  • ✅ The quote currency should go down for profit.
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When You Sell the Base Currency

  • ✅ You're selling the base currency and buying the quote currency.
  • ✅ You profit if the base currency goes down in value.
  • ✅ You buy it back later at a lower price.
Understanding these core concepts is crucial for navigating the Forex market successfully.