EUR/USD

The euro and the US dollar are undeniably a trading classic, the most famous and popular pair of currencies. This pair does the greatest amounts of trading, and that is an advantage, of course, as it affects the spread. The pair is also amongst the most unstable, as intraday movements can reach 100 pips. 

GBP/USD

This currency pair holds a decent place among seasoned and inexperienced favourites. Like the previous pair, during the European session GBP / USD is the most traded. It’s a very tempting pair for those traders who like technical analysis. However, be prepared also for the fact that the pair makes broad up and down motions at the start of the London session, due to which false breakouts occur. Trade becomes easier as the market becomes more stable.

USD/JPY

The US dollar and the Japanese yen duet are very attractive, albeit a little whimsical. The US dollar is the world’s major currency, and the yen is the Asian region’s main currency. The pair is noteworthy because it follows without major reversals if it comes into the pattern. Some delays occur, and then graphic figures like “post” or “pennant” are visible on the screen. And that means that graphical analysis is very useful to you while trading with this asset.

AUD/USD

The Australian / American pair is quite stable relative to other members of our ranking, its variability is around 60 pips during the day. It renders resistance-and support-based methods, as well as Fibonacci phases. The pair reacts to the news from the USA as well as to the data on the Australian commodity market as regards the fundamental data. 

USD/CHF

The US dollar and Swiss franc are among the most common currencies as well. The pair is more open to U.S. fundamental data, and less sensitive to Swiss news, possibly because in this country the economy is more stable. European and American sessions are the most active trading hours, during which the volatility may be 60-70 pips. For this pair, Monday is the quietest trading day, and the busiest is Friday.