Sunday, 3 August 2014

BEST CURRENCIES PAIRS FOR TRADING


It is common question that which currency pairs are best to trade?

This article will first address the question “which currency pairs are best to trade?

THREE CATEGORIES OF CURRENCY PAIRS:
There are three categories of currency pairs
  • majors,
  • crosses, and
  • exotics.

The following points will explain which currency pair’s fall into these three categories and the advantages or disadvantages of each.



MAJOR CURRENCY PAIRS:
“Major” forex currency pairs those which are paired with the U.S. dollar. We are also including silver and gold in this list and we trade them regularly.




   SIGNS       PAIRS   DESCRIPTION


EUR/USDEuro vs. the U.S. dollar (Fiber)


GBP/USDBritish pound vs. the U.S. dollar (Sterling, Cable)


AUD/USD Australia dollar vs. the U.S. dollar (Aussie)


NZD/USDNew Zealand dollar vs. the U.S. dollar (kiwi)

USD/JPY U.S. dollar vs. the Japanese yen (the Yen)

USD/CHF U.S. dollar vs. the Swiss franc (Swissie)

USD/CAD U.S. dollar vs. the Canadian dollar (Loonie)

XAU/USD Gold

XAG/USD Silver


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