- What are the best forex pairs to trade during each session?
- Which currency pair is most profitable in forex?
- What pairs move the most during London session?
- Which forex pair moves the most?
What are the best forex pairs to trade during each session?
If you're an intraday trader with a high-risk tolerance, opt for the major pairs such as EUR/JPY, GBP/JPY, GBP/USD, and USD/CHF. These pairs are best as they come with daily price movements, which can increase by up to 120 pips on a good trading day.
Which currency pair is most profitable in forex?
The Euro/US dollar pair is regarded as the most profitable currency pair in forex for the following reasons; High Liquidity: The European economy is the second-largest globally, while the US is the largest.
What pairs move the most during London session?
Popular forex pairs to trade during the London session are the majors such as the GBP/USD cross or the EUR/GBP cross. This is especially true during the overlap between the London and New York markets, as well as the European session which is open during almost identical hours to the London session.
Which forex pair moves the most?
Exotic currency pairs are the most volatile and moving, such as USD/SEK, USD/BRL, and USD/DKK. Cross rates related to GBP, such as GBP/NZD, GBP/AUD, GBP/JPY, and GBP/CAD, are the currency pairs with high volatility. On average, this cross-pairs move for more than 200 points (pips) per day.