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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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