Exchange bull (bull)
Who are the stock bulls?
Exchange bull (bull) - a participant of exchange and OTC markets (investor, trader) who pursues an "upside" strategy on currencies, shares, derivatives and other instruments. In other words, a bull on the exchange is a market participant who opens a long position, counting on a further increase in the price of an asset.
Strong bull activity leads to overpricing, which is why the market with rising prices is called "bullish". The opposite of "Bull" is the concept of "Bear.".
Why are buyers called stock bulls?
The terms bulls and bears first appeared on the stock exchanges of London in the 18th century. According to the most widespread version, the buyers are named by analogy with bulls who raise their prey on their horns. That is, bulls on the stock exchange, buying an asset, raise the price of it "with their horns".
Exchange bulls on the market
The term bulls has been borrowed from the stock market by the currency market. Bulls are traders who open buy positions, counting on the growth of the currency pair. An example of this is the growth of the EUR/USD pair. In this case, the bulls will be interested in buying euros for dollars. Increased demand from these traders will gradually raise the price on the supply side and quotes will rise.
The bull market on the price chart of the currency pair is displayed as upward trend.