EUR/USD – Easily the most traded pair in the world, as it comprises the two most common currencies in the world. The US dollar is the largest, while the euro is the second, following its existence as recently as 1999.
Because of all the competition the market, generally, the price fluctuations are stable and it isn’t too unpredictable. Successful both during business hours in Europe and the USA.
USD/CHF – The price movements aren’t as high as the eur/usd moves, because the swiss franc is just not as common as the euro. But because the usd is part of the pair, it is working to balance and reduce its instability.
U.S. economic news of course largely determines where this currency is trading.Also great during market hours in Europe and the USA.
GBP/USD – The pair tends to trade fairly well in line with EUR/USD. They both trend in the same direction very strongly and have a rather high correlation as a whole. If the eur/usd doesn’t trad as well as you would hope or the company set-ups just don’t seem to be there, switching over to the gbp/usd might be a smart option. Gbp/jpy and eur/jpy – there’s definitely a lot of variance between these pairs.
Yet I find that the gbp/jpy and eur/jpy do deliver a lot of good market set-ups and follow their level of support and resistance very well. Nice for european trading and even viable during the asian session when the japanese yen exchange hands on a respectable clip.
USD/JPY – doesn’t shift as many other usd-based pairs, but certainly a feasible choice for those trading in the asian session (maybe u.s. traders who would prefer to trade in the evening), like the pairs listed above.
USD/CAD – all of these are north american currencies. The biggest and most stable price changes will occur during the north american session hours. Payouts can be a major determinant of what assets alligator assists sell. But ensure that such assets have ample value in their markets when you do business is a very critical consideration to remember in general.