EUR/USD is the most liquid currency pair in the currency markets. There are four currency pairs that are known as the major currency pairs namely EUR/USD, GBP/USD, CHF/USD and JPY/USD that are heavily traded in the global currency markets. The rest of the currency pairs dont have the liquidity to trade big volumes as these four pairs do. Almost like 90% of the global currency exchange is in these pairs. Out of these four pairs, EUR/USD has the most liquidity and is the most popular among the currency traders all over the world. EUR/USD is the most heavily traded currency pair in the global currency markets at the moment. Most of the currency traders are in fact speculators. Trading currencies can be exciting and lucrative. Its a great market because of the way politics affect the trends. Elections, strikes, and sudden developments, both good and bad, can lead to significant trading profits if you stand ready to trade the EUR/USD is a convenient currency pair because it encompasses the policies and the economic activity and political environment of a volatile but predictable part of the world: Europe.
Lower than normal volatility and a general lack of direction characterized today’s foreign exchange market. An 80-pip scalp trade on the GBP/JPY currency pair was about as good as it got for traders during the New York session.
Risk appetite was in full swing today after Intel reported upbeat Q2 earnings and Q3 outlook just prior to today’s Sydney open. Although the EUR/JPY was mostly stalled during today’s London session, the pair extended its gains during the New York session. Traders who went long at the M4 pivot point at the US equity [...]
Although the US dollar lost ground against most major currencies during today’s European session, the reserve currency recouped those losses during the New York session as risk aversion enveloped the financial markets. The descent of the EUR/USD currency pair from the M4 pivot point to the central pivot point delivered two short trades totaling more [...]
Day trading the Forex market means to actively buy and sell currency pairs multiple times during a day. Quick wins can be made in Forex trading which makes it a very popular choice for fast traders. The majority of the currency pairs have up to 300 points traded on a daily basis and rise and fall throughout the day.
Only some years ago, most of the people had never heard of trading the foreign exchange markets. However, the recent stock market crash has made the word forex trading popular among the small investors. So much information is available online that you just have to type in the word forex training in a search engine. A mass of information will become available for free.
Join the Bforex Strategy Team in our Forex Review’s published each weekday -bringing you the latest market news and developments closely following the progress of major currency pairs and commodities.
The final trading day of Q2 and H1, plus a dose of sour US news, brought volatility to the currency market during today’s New York session. The US dollar rebound at the open of the session fueled moves on the major currency pairs, including a 60-pip short trade on the EUR/USD currency pair. Two hours [...]
Today’s rally on the EUR/CHF currency pair brings to mind the Yogi Berra quote, It’s like déjà vu all over again. For the third time in about 6 weeks, the euro swissie soared as the swiss franc was sold on alleged SNB indirect currency intervention via the Bank for International Settlements. A profit of up [...]
Join the Bforex Strategy Team in our Forex Review’s published each weekday -bringing you the latest market news and developments closely following the progress of major currency pairs and commodities.