Forex Terms U

Unemployment Rate. An economic indicator released as a percentage that is calculated as the ratio of the difference between the total labor force and the employed labor force, divided by the total labor force.

Upside gap tasuki. Bullish two-day candlestick combination. It consists of a second-day black bar that closes an overnight gap opened on the previous day by a blank bar.

Upward breakout of a bearish resistance line. Bullish point-and-figure chart formation that confirms the currency's breakout of a resistance line the third time it reaches it. The resistance line is sloped downward.

Upward breakout of a bullish resistance line. Bullish point-and-figure chart formation that confirms the currency's breakout of a resistance line the third time it reaches it.

Upward breakout from a consolidation formation. Bullish point-and-figure chart formation that resembles the flag formation. A valid upside breakout from the consolidation formation has a price target equal in size to the length of the previous uptrend.

Uwakage. Upper shadow of the candlestick.

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