Which forex pairs are traded the most?

Which forex pairs are traded the most?

The Most Commonly Traded Currency Pairs in the Forex Market by Volume

USD/CAD EUR/JPY
USD/CHF EUR/GBP
GBP/USD AUD/CAD
NZD/USD GBP/CHF
AUD/USD GBP/JPY

What are the best forex pairs to trade right now?

Six Best Forex Pairs to Trade for Swing Trading

  • EUR/USD. As one of the larger, more stable currency pairs, EUR/USD doesn’t provide enough volatility to offer value to most day traders.
  • NZD/USD.
  • EUR/JPY.
  • USD/CAD.
  • AUD/USD.
  • EUR/CHF.

What are the 5 major pairs in forex?

The five currencies that make up the major pairs—the U.S. dollar, euro, Japanese yen, British pound, and Swiss franc—are all among the top seven of the most traded currencies as of 2021. The EUR/USD is the world’s most heavily traded currency pair, representing more than 20% of all forex transactions.

What are the best pairs to trade during each session?

The best forex pairs to trade during the New York session would be your majors, like EUR/USD, USD/JPY, GBP/USD, EUR/JPY, GBP/JPY, and USD/CHF. These pairs will be the most liquid during the US session, especially the EUR/USD during the overlap.

Which forex pair has lowest spreads?

Based on the data, the EUR/USD and the GBP/USD have the lowest spread-to-movement ratio, although traders must update the figures at regular intervals to see which pairs are worth trading relative to their spread and which ones are not.

What are the most traded forex pairs?

The top 10 most popular currency pairs include the Major ones and several Cross currency pairs. The most traded forex pairs are broken down by categories: Among the Exotic pairs – USDHKD.

What are the most traded currency pairs in 2022?

This article will cover the top 10 most traded currency pairs you should focus on in 2022. EURUSD or the euro is the most actively speculated currency pair in foreign exchange, accounting for close to 30% of all volume.

What are the most traded currency pairs by volume?

The most traded currency pairs by volume (TOP 2021) # Currency Pair Volume, % 19 AUDCAD 0.76% 20 GBPCHF 0.73% 21 AUDCHF 0.7% 22 EURCAD 0.7%

How to choose the right currency pairs for trading?

In some cases, forex traders prefer to trade on currency pairs with a lower or tighter spread as it reduces the overall costs involved in the trade. However, some traders prefer to trade on volatile currency pairs with wider spreads and lower liquidity in an attempt to profit from the fluctuating gaps in price.