What is price?

    The price is the measure of the value of goods and services. Usually, it is given in a currency.

    As goods and services are often traded on a market, there is a difference between the ask price and bid price, called the spread. The spread is how the financial institutions that create and administrate the market earn money.

    Many traders try to predict the future price action with the help of technical analysis. For example, understanding the market direction and market sentiment helps to be one step ahead.