various factors, the main of which are the scale and transparency of EU economies and the. Lets dive deeper to understand the major Forex currency pairs. Exotic pairs (Exotics),.e. It accounts for over one-third of the total volume of transactions on Forex. In our opinion, best currency pairs to trade for beginners are EUR/USD, GBP/USD, NZD/USD, AUD/USD; and for experienced traders EUR/USD, GBP/USD, NZD/USD, AUD/USD, USD/JPY, EUR/JPY, GBP/JPY, AUD/JPY, USD/CHF, XAU/USD. If pairs were handed an Oscar, then EUR/USD which is most traded currency in the world would have won at least three nominations and would have taken home the award for highest trading volumes, worldwide popularity and the lowest spread.
Forex pairs volume
We might dabble with the other but our focus is eurusd and gbpusd. AUD/USD and USD/CAD currency pairs are characterized with much less liquidity. What Are the Major Forex Currency Pairs. Predictability of EUR/USD trend. Of course there are other a lot of other pairs, mainly exotic ones, but nobody knows which one of them is least liquid. Spread of the most liquid pairs. HOW forex pair volume affect THE forex market. Ability to predict price dynamics by the means of technical analysis, thanks to its high liquidity.