Best currency pairs to trade in Forex

[dianajs]

Some people do trade exotics, but I think those pairs are for more experienced traders.

 

[TrapLok]

The following are not necessarily the best Forex pairs to trade, as they are the ones that have high liquidity and occupy the most foreign exchange transactions:
EUR/USD (Euro – US dollar)
USD/JPY (US dollar – Japanese yen)
GBP/USD (British pound – US dollar)
AUD/USD (Australian dollar – US dollar)

 

[dianajs]

Very good reccomendations! I'd add USD/CAD, NZD/USD and GBP/JPY.

 

[pashaev]

If trading based only on technical analysis and news data, then there is no difference between the majors and crosses.

 

[dianajs]

There is a difference. Exotics often have much wider spreads and are affected by more non-scheduled events.

 

[Stark]

I see almost all traders prefer the same currency pairs as me. It's EURUSD, GBPUSD, USDJPY, USDCAD, NZDUSD etc. Oh I wanted to stand out.
Wish you successful trade after the weekend.

 

[kingsman]

Recently CAD pairs have attracted me because of the pips potential they have. The second thing I like about them is the lesser time they take to hit the target.

 

[Albert Dcosta]

I think CAD pairs have more spreads than many major pairs so why you like them more. There are also other pairs like Yen-pairs that move fast and give results in short time.

It might be that you made good profits with CAD pairs

 

[pashaev]

There is a difference. Exotics often have much wider spreads and are affected by more non-scheduled events.

At the exotics completely agree with you.

 

[Quinuiacl12]

EURUSD is the most traded currency pair among all other majors. This market is not only driven by highest liquidity but also there is a lot of available news on current market developments as well as comprehensive analysis. These are the drivers of market predictability and profitable deals.