Bullish vs Bearish

These two terms are used in forex to explain the rising and falling of market prices.

There are two markets: bullish and bearish. When there is an upward movement in market prices, it is called bullish. Whereas, when there is a downward movement, it is called a bearish market. Both markets are important for traders to use the opportunity in both to gain profits. This is because trading in forex is always done in pairs, and when one currency is rising, the other is falling, and vice versa.