Some facts about FOREX
Books Currency Trading Online
Long-term trends: Currency markets often move in visible long-term trends. Although currencies do not have an annual growing season like physical commodities, business cycles do make themselves felt. Cycle analysis looks at longer-term price trends that may rise from economic or political trends.
The Resistance level is a price at which an instrument or market can trade, but which it cannot exceed, for a certain period of time.
Beige book is the commonly used term for the Fed report entitled: "Summary of Commentary on Current Economic Conditions by Federal Reserve District".