What forex pairs are most active right now? (2024)

What forex pairs are most active right now?

Of all the pairs listed in our table, the EUR/JPY, NZD/USD, and AUD/USD are the most trending currency pairs at the moment.

Which forex pair is most trending?

Of all the pairs listed in our table, the EUR/JPY, NZD/USD, and AUD/USD are the most trending currency pairs at the moment.

Which forex pairs move the most?

The 10 most volatile forex pairs (USD)
  1. USD/ZAR - ​Volatility: 12.9% ...
  2. AUD/USD - Volatility: 9.6% ...
  3. NZD/USD - Volatility: 9.5% ...
  4. USD/MXN - Volatility: 9.2% ...
  5. GBP/USD - Volatility: 7.7% ...
  6. USD/JPY - Volatility: 7.6% ...
  7. USD/CHF - Volatility: 6.7% ...
  8. EUR/USD - Volatility: 6.6%

Which forex pair is most profitable?

The EUR/USD pair holds the throne as the most traded forex pair globally, known for its liquidity and stability. Traders often turn to this pair for its reliability and consistent profit opportunities.

What forex pairs are trading right now?

Forex (128 currency pairs) price list and quotes
Financial instrumentCurrent priceOpen
AUD/USD0.64170.6424
AUD/ZAR12.232812.3092
CAD/CHF0.66190.6626
CAD/CNH5.271895.26547
26 more rows

Which forex pairs move fast?

The fastest-moving currency pairs include the currencies of the most developed countries as base or quote currencies, as they represent the most economic activity. They are the USD, EUR, JPY, GBP, CHF, CAD, and AUD.

Which Forex pair moves like gold?

Gold and Swiss Franc (XAU/CHF):

The Swiss Franc, like gold, is considered a safe-haven currency. Consequently, the correlation between gold and the Swiss Franc can be positive during times of economic uncertainty.

How do I find the best Forex pairs to trade?

A Guide on How to Choose Which Forex Pair to Trade
  1. Understand the Major Currency Pairs. ...
  2. Recommend forex pairs. ...
  3. Consider Market Volatility. ...
  4. Research Economic Fundamentals. ...
  5. Technical Analysis and Chart Patterns. ...
  6. Correlation Analysis. ...
  7. Consider Your Trading Style and Timeframe. ...
  8. Stick to a small number of pairs.
May 14, 2023

Which currency pair is best for scalping?

Major currency pairs, such as EUR/USD, GBP/USD, and USD/JPY, are characterized by high liquidity. This makes them suitable for scalping strategies as traders can quickly enter and exit positions without significant slippage.

What is the safest forex pair to trade?

What Are the Best Currency Pairs to Trade in Forex?
  • US Dollar (USD)
  • Euro (EUR)
  • Australian Dollar (AUD)
  • Swiss Franc (CHF)
  • Canadian Dollar (CAD)
  • Japanese Yen (JPY)
  • British Pound (GBP)
Mar 26, 2024

Which forex pairs are the most liquid?

The currency pair EUR/USD represents the two large economies- the USA and the European Union. It accounts for about 20% of the trading volume, resulting in tight spreads. It is among the most liquid forex pairs.

What forex pairs move at night?

Major forex pairs, such as EUR/USD (Euro/US dollar), USD/JPY (US dollar/Japanese yen), and GBP/USD (British pound/US dollar), remain attractive options for night trading due to their liquidity and stable price movements. As these are the most traded pairs in forex, many market participants favour them.

What currency pairs move together?

Currency Pairs that Typically Move in the SAME Direction
  • EUR/USD and GBP/USD.
  • EUR/USD and AUD/USD.
  • EUR/USD and NZD/USD.
  • USD/CHF and USD/JPY.
  • AUD/USD and NZD/USD.

How can I get 50 pips a day?

Essential Rules when using the 50 pips a day strategy

Wait for 7 a.m. GMT candlestick to close and immediately open buy stop order (2 pips above the high) and sell stop orders (2 pips below the low). The price will move towards high or low and activate one of the pending orders. Then, you may cancel the another order.

Which currency pair is best for beginners?

Beginners might find the AUD/USD pair to be an excellent choice, since it is more predictable and less likely to spike or drop suddenly. In many studies, this pair has also been cited as one of the least volatile. In conclusion, the best currency pairs to trade for beginners are EUR/USD, GBP/USD, USD/JPY.

What is the most successful scalping indicator?

Top 5 Scalping Indicators and Strategies
  1. The SMA Indicator. The Simple Moving Average Indicator or SMA indicator is the most basic type of indicator traders rely on to device a trading strategy. ...
  2. The EMA Indicator. ...
  3. The MACD Indicator. ...
  4. The Parabolic SAR indicator. ...
  5. The Stochastic Oscillator indicator.

Which forex pairs do not correlate?

If you open a long position in EUR/USD but the markets fall, you can quickly open a short position in USD/CHF to hedge the risk. These pairs have no relationship with one another and do not affect each other's movement. An example of non-correlated currency pairs is EUR/USD and GBP/NZD.

What are the least risky forex pairs?

Least volatile currency pairs:
  • EURUSD: 49 pips.
  • NZDUSD: 48 pips.
  • USDHKD: 62 pips.
  • USDSGD: 35 pips.
  • AUDUSD: 44 pips.
  • USDCAD: 54 pips.
  • USDJPY: 47 pips.
  • USDCHF: 46 pips.

Which forex pairs trend the least?

The least volatile currency pairs are EUR/GBP, NZD/USD and EUR/CHF. The least volatile currency pairs are EUR/GBP, NZD/USD and EUR/CHF.

How do you know if a currency pair is trending?

For example, when the currency pair is making higher highs in the market, and the moving average confirms an uptrend, it confirms that the market is moving in a bullish direction. The market's trend direction can be identified by spotting the highest and lowest price levels.

How do I find the best Forex pairs?

A Guide on How to Choose Which Forex Pair to Trade
  1. Understand the Major Currency Pairs. ...
  2. Recommend forex pairs. ...
  3. Consider Market Volatility. ...
  4. Research Economic Fundamentals. ...
  5. Technical Analysis and Chart Patterns. ...
  6. Correlation Analysis. ...
  7. Consider Your Trading Style and Timeframe. ...
  8. Stick to a small number of pairs.
May 14, 2023

How do I choose the best forex pair?

The best Forex pairs often depend on market volatility, economic events, liquidity, and your personal risk tolerance. It's important to consider factors like the pair's average daily range, trading times, and costs.

References

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