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There are lots of currency pairs. The list of currency pairs you see in the trading platform varies broker to broker.
It’s better to enhance our knowledge of the most popular currencies that can be found in the world of Forex trading. They include:
US Dollar (USD)
Euro (EUR)
Australian Dollar (AUD)
Swiss Franc (CHF)
Canadian Dollar (CAD)
Japanese Yen (JPY)
British Pound (GBP)USD/EUR – This can be considered the most popular currency pair. In addition, it has the lowest spread among modern world Forex brokers. This currency pair is associated with the basic technical analysis. The best thing about this currency pair is that it is not too volatile. If you are not in a position to take any risk, you can think of selecting this as your best Forex pair to trade, without it causing you too much doubt in your mind. You can also find a lot of information on this currency pair, which can help prevent you from making rookie mistakes. Premium Forex course of ForexTradingForYou will be the best option for signal service.
USD/GBP – The profitable pips and possible large jumps have contributed a lot towards the popularity of this currency pair. However, you need to keep in mind that higher profits come along with a greater risk. This is a currency pair that can be grouped into the volatile category. However, many traders prefer to select this as their best currency pair to trade since they can find plenty of market analysis information.
USD/JPY – This is another loved currency pair that can be seen in the world of Forex trading. It is associated with low spreads, and you can usually follow a smooth trend compared to other currency pairs. It also has the potential to deliver exciting profitable opportunities for traders.
It is certainly recommended to consider trading the pairs that contain your local currency. In most cases, your local currency pair will be quoted against USD, so you would need to stay informed about this currency as well.
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