Forex Trading Blog | The “Major Pairs”

Forex Trading Blog | The “Major Pairs”

For our Forex Trading Blog post, we are going to discuss what the major currency pairs are in Forex Trading. The major pairs are what most traders trade. These are the shakers and movers of the Forex markets. our Forex Trading Blog will talk about the 4 most popular.

As with most investment vehicles, Forex Trading has certain popular, as well as unpopular paths that traders follow. For Forex Trading, new traders will become accustomed to thinking about trades as a currency pair. This ratio between the two pairs is what you, the trader are investing in. Forex Trading has 4 major currency pairs currently, and they are:

EUR/USD (Euro/US Dollar), USD/JPY (US Dollar/Yen), GBP/USD (British Pound/Dollar), USD/CHF (US Dollar/Swiss Franc). There are also some honorably mentions that I should include, which would be the USD/AUD (US Dollar/Australian Dollar), and the USD/CAD (US Dollar/ Canadian Dollar).

With our Forex Trading Blog, we will primarily highlight these 6 pairs, as like we discussed before are integral in the Forex Market. Putting what we know about Economic indicators to use, we can see that all of these are represented by 1st world countries. And that their respective countries economy is SOMEWHAT stable.

All of these factors add up to what we have been talking about in previous posts. That economic, as well as technical indicators are the lifeline of profitable Forex Trading. One suggestion that we do want to bring up, is that with practice comes perfection. We have discussed the use of mock accounts. We encourage our readers to take a crack at mock trading with these currency pairs. They are popular for a reason!

We thank you for coming to check out our most recent Forex Trading Blog post. We do try to update the site multiple times a week, so if you have any ideas on what you would like us to write about, please let us know!

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