1. EUR / USD
2. USD / JPY
3. GBP / USD
4. AUD / USD
5. USD / CHF
6. USD / CAD
7. EUR / JPY
8. EUR / GBP
9. NZD / USD
The EUR / USD is the most used forex trading pair, and also one of the most predictive trends. The trends are generally easy to predict through technical analysis.
It is important to keep the following factors in mind when start trading in Forex. Even though the above are all frequently traded forex trading pairs, you need to be cautious not to trade the “same” trending pair with another one. This will only cause you to double your risk of a potential equity loss.
For example, the market trends of both EUR / USD and GBP / USD are very similar. Both will, most likely be either a bullish or bearish market. Therefor opt into one of them, and trade on the trend and direction you are happy with.
Remember to always make use of a stop loss when trading any forex trading pair. This is simple, but of utmost importance.
Hope this article assisted you. Happy trading.
Note: Currencies, Commodities, Cryptocurrencies and CFD’s traded on margin carry a high degree of risk. As such they may not be suitable for all investors. Investors should ensure they fully understand the risks associated with leveraged financial trading before deciding to trade because you can lose some or all invested capital. Investors may choose to seek independent advice and should not risk more than they are prepared to lose.
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