Who are bears and Bulls ..A term used in global markets. What does it mean?
We usually hear about bears and Bulls when technical analysis of global markets , who are bears and Bulls?
Bears: traders who are willing to sell and seek to plunge global markets or a currency pair, oil or any other commodity .
In other words, bears are the ones pushing prices down and here the bear market term "Bearish" is called a bear market .
Bulls: traders who want to buy and seek a rise in global markets, a currency pair, oil or any other commodity.
In other words, bulls are the ones pushing prices up, and here the term bull market market is called " Bullish
The global markets are a battleground between bears and bulls if the Bears outstrip the result is lower prices and if the Bulls outstrip the result is higher prices .
When performing technical analysis of any currency pair, we note the word Bullish, which means buying currency, signifies that the currency is rising, meaning that bulls are in control.
Bearish is an indication that the currency is bearish, meaning that bears are currently in control of the markets.
As it is said, " to continue to dominate the markets, the bull needs good news every day, while the bear eats only occasionally "
