Intracore Financial Challenge Level 1

How big is the Forex market?
100 Billions
5 Trillions
300 Millions
How many letters does do currency symbols have?
Three
Two
Six
Four
Which of the following is NOT a major currency pair?
EURUSD
EURGBP
AUDUSD
USDCHF
Which of the following is NOT an advantage of the Forex market over the futures market?
Large commissions
Short selling without an uptick
High liquidity
24 -hour Market
What is the second most traded currency?
Japanese Yen
U.S. Dollar
Euro
Great Britain Pound
Where does the major financial center locate at?
Australia
Japan
London
Frankfurt
Above all
What is the first hour of a day that allows Malaysian traders to start trading?
9 am
8 am
5 am
6 am
Which of the following is NOT the reason why Forex is commonly traded nowadays?
Technology advance
Easily sell off position
Usage of leverage
Position sizing
In order to get good profit in Forex trading, a trader should MORE focus on which:
Technical Analysis
Fundamental Analysis
Both
Imagine while you are analyzing EURUSD, there is an announcement from EU which is bad to EURO, what you should do at the moment?
Long EURUSD
Short EURUSD
Do nothing
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