A ZigZag is a technical indicator which is usually used when analysing price fluctuations on a graph with the aim of uncovering previous substantial changes in the trend. By using the ZigZag indicator, traders can often make out Elliot waves.

Yield is the return on an investment and is usually expressed as a percentage.

The World Bank is a group of international financial organizations around the globe aimed provide assistance to its 187 member countries. The World Bank was formed after World War II to help devastated Western European countries and provide them with capital.

A measure of the amount by which an asset price is expected to fluctuate over a given period. Normally measured by the annual standard deviation of daily price changes (historic). Can also be implied from futures/options pricing, which is referred to as implied volatility.

The unemployment rate is basically the percentage of the people in the work force without jobs but is able and willing to work. It is measured by getting the ratio of unemployed people who are willing and able to work versus the total number of people in the work force.

The reward-to-risk ratio measures a trade’s expected returns against its predetermined risk of loss. The ratio is computed by dividing the profit that a trade is expected to yield by the loss that the trade may incur.

An estimated price level at which people will sell.

The second currency in a currency pair. Also known as the Counter currency

An estimate of the number of payroll jobs at all nonfarm business establishments and government agencies. Information is also provided on the unemployment rate, average number of hours worked per week, and average hourly and weekly earnings. Nonfarm Payroll numbers are included in the monthly Employment Situation report.

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