is EUR/USD ever listed as USD/EUR or is USD/JPY listed as JPY/USD, etc. I know you are buying one and selling the other so either way it’s the same, right?
So I am I thinking right when i say, in the EUR/USD example -if you want to buy USD you actually short the Euro???
This also brings up my other question:
Let’s say we are looking at a EUR/USD candlestick chart. When you’re looking at this chart and the last candlestick, let’s say closed lower than it opened (so it’s filled in if that matters), this is referring to the base currency’s price?? In other words, the EUR went down compared to the USD.
-confused a bit