In the Forex market, the terms "bullish" and "bearish" are used to describe the direction of market sentiment or the trend of a currency pair.
A bullish market refers to a market where prices are expected to rise, and traders are optimistic and confident. In this market, traders typically buy or hold onto currency pairs in the hope of selling them later at a higher price.
On the other hand, a bearish market refers to a market where prices are expected to fall, and traders are pessimistic and cautious. In this market, traders typically sell or short currency pairs in the hope of buying them back later at a lower price.
These terms are also used to describe a particular currency pair's price movement, with a "bullish" trend indicating an upward movement and a "bearish" trend indicating a downward movement.
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Dom