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.
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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/USD | Euro vs. the U.S. dollar (Fiber) | |
| GBP/USD | British pound vs. the U.S. dollar (Sterling, Cable) | |
| AUD/USD | Australia dollar vs. the U.S. dollar (Aussie) | |
| NZD/USD | New 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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