Characteristics of currency pairs
Trader interesting ► Characteristics of currency pairs
EUR / USD (euro-dollar)
This currency pair is by far the most popular. But in spite of that the euro-dollar bears in their movements Sea disappointments and losses. Only at first glance the movement of a financial instrument will seem very simple and predictable. But due to the large number of professional players the pair often behave very unpredictably and "eats" the deposits of many traders.
Despite the relatively large fluctuations (due to the fact that many large traders can open positions in different directions), this currency pair is best to follow the trend and bring pipsing less success. For beginners, the Euro-dollar is not the best option, although anything can happen. Euro-dollar projections from various financial institutions is quite inaccurate and unpredictable. If you will take to trade this currency pair, you should be aware of the economic picture as the Eurozone and the US, and to be aware of the fact that monetary policy leaders say about the economy and their country's national currency. The US central bank - is the Federal Reserve (Fed). A euro policy directs the European Central Bank (ECB).
USD / JPY (dollar-yen)
The second volume of transactions in the Forex market. The most actively traded it during the Asian session. Many called Dollar-Yen most insidious of the currency pairs. Pipsovat in this market is almost useless, because even the most quiet periods carry a lot of potential unexpected shocks. At any time, the sharp exchange rate jumps can occur for a given currency pair, leading many traders to serious losses. Dollar-yen is very sensitive to political developments, in this regard, it is often called the most sensitive. But despite all his guile, Dollar-Yen is still brings considerable profit to some traders. Newcomers to trade for Dollar-Yen will be very hard, but little chance of profit is always there. The central bank is the Bank of Japan (BOJ). Because Japan's economy is highly dependent on exports, the Bank is interested in the lower course of the yen against other currencies. In the past, there were cases when the Bank of Japan intervened in the FOREX market, selling yen for US dollars and euros, thus supporting national industries working for export.
USD / CHF (Dollar-Swiss Franc)
This pair is one of the major Forex, but it creates some difficulties for traders who use technical analysis only. Sometimes for this currency pair there are many, and uniform movements in different directions, but overall very good pair repeats the dynamics of movement of the euro-dollar. But, unlike the Euro-dollar, this currency pair is best reveals the dynamics of the movement of the dollar is that sometimes it is in demand among traders. Therefore, Members can use the dollar-franc to analyze the direction of movement of other currencies. Projections on the currency more fortunate than on currencies as described above. So for beginners it is more appropriate, albeit not the most comfortable for some strategiy.Voobsche, Swiss franc stands out against the background of the foreign exchange market and the overall geopolitical turmoil, because it is inherent in the reputation of a safe currency. The dollar-Swiss franc is more susceptible to the influence of US economic data, rather than the events in Switzerland. The Central Bank of Switzerland - a Swiss National Bank. Switzerland is very dependent on exports, as well as Japan and the Eurozone.
GBP / USD (British Pound-dollar)
This currency pair is notable for its uncontrolled and sverhvolantilnymi movements. Therefore, a lot of beginners often do pipsing on the currency. But breakdowns of prices are usually false, and beginners can easily be misled by this market noise. For longer-term trading decisions should take into account the scale of the market volantilnosti, make transactions less volume and count on the larger stop orders. The pound-dollar is known for frequent false breakout of resistance and support levels that should always be taken into account when making trading decisions. Some newcomers think that if the pound is trading against the dollar, it means that the currency pair pound-dollar may duplicate the dynamics of the movement of Euro-dollar rates. This statement is incorrect. For a time, data currency pairs move the same, but one day courses can go completely in the opposite direction. For beginners, this currency is an average degree of complexity of trade, which is quite acceptable. So feel free to trade, but caution never put. for this currency pair predictions come true very often, with relative frequency, but more often than expected for Jena. Couple reacts strongly to the political figures of their own country, so the UK news will come in handy for traders who have chosen this currency pair.
USD / CAD (dollar - Canadian dollar)
This currency pair is very responsive to the price of oil. An increase in oil prices, the Canadian dollar is usually too expensive. Therefore, those who are going to trade on the currency pair, you should start to study the trend in oil prices, but do not forget about technical analysis. Newcomers to this currency pair is worth working with great care, and it is best to increase the testing time and testing of the instrument. A forecast of the currency pair most successful among American analysts, so you should listen to their opinion.
AUD / USD (Australian dollar-dollar) and NZD / USD (New Zealand Dollar - Dollar)
Is very similar in behavior of the currency pairs. Suffice it to respond well to technical analysis, so when these currency trading is always to listen to the technical analysts. From fundamental data for these currency pairs is greatly influenced by the price of metals and weather conditions. In bad weather and decreases in metal prices rate usually decreases. Rising metal prices slightly raises for these currencies, but the weather is good, oddly enough, it does not affect the rate of currency pairs. For beginners when working with these financial instruments recommended to pay more attention to technical analysis, but do not forget to read the weather forecasts, and trends in the prices of metals.
EUR / JPY (Euro-Yen)
As the Yen-Dollar, very unpredictable steam. Among professional traders this currency pair has a certain popularity. But for beginners, this financial instrument will seem very complicated.
GBP / JPY (pound-yen)
Is even more unpredictable and dangerous pair. Therefore, beginners should refrain from trading on it. And when you turn to professionals of this couple in their arsenal is recommended more carefully hone the skill transactions.
CHF / JPY (Franc-Yen)
It is not surprising (for a Yen may have already worked out the danger of a currency pair's syndrome), but this tool is fairly predictable and can be successfully used by beginners. For the analysis of movement, traders often use the chart of the currency pair Euro-Yen, which often duplicate movement but makes it a little earlier. Therefore, sometimes the newcomers are using this period of time, to have time to make a deal, and quite often remain in the win. But do not immediately begin trading by this method. At first, all you need to hone on a demo account and get used to the habits of a given currency pair. For beginners, this currency is fine.
EUR / CHF (Euro Franc)
For many traders this currency pair - ideal for beginners. The vibrations on it is very small. Sometimes there are periods of quiet movement. Scalping in such periods can bring a very large increase in the deposit.
GBP / CHF (Pound-Franc)
Currency pair often follows the path of Euro-Frank, but sometimes gives its unpredictable twists. Pipsovat on this pair is very difficult due to the large spread and swings. In general, the currency - is not the best option for beginners, is more suitable for professionals who have found clever ways to tame this snake.
EUR / GBP (Euro Pound)
The most quiet and calm currency pair. If you examine the chart, we can see that sometimes the movement of the currency pair does not exceed the number of points, and at weekly intervals have been cases that the pair did not go beyond the corridor of 10-20 points. Prediction of the currency pair is usually marketed at forecasts for depreciation. But with an increase in unpredictable jumps more often.
The pair and the title
Australian Dollar to Canadian Dollar
The Australian dollar and the Swiss franc
Australian dollar to the Japanese yen
Australian dollar to novoz. the dollar
Australian dollar against the US dollar
The Canadian dollar against the Swiss franc
Canadian dollar to the Japanese yen
Swiss Franc to Japanese Yen
Euro to Australian Dollar
Euro to Canadian dollar
Euro Swiss Franc
EUR to DKK
Euro British pound
EUR to HUF
Euro to Japanese Yen
Euro to New Zealand Dollar
Euro to US dollar
EUR to PLN
British Pound to Australian Dollar
British Pound to Canadian Dollar
The British pound and the Swiss franc
British Pound to Japanese Yen
British Pound to New Zealand Dollar
British pound against the US dollar
New Zealand Dollar to Canadian Dollar
The New Zealand dollar against the Swiss franc
New Zealand Dollar to Japanese Yen
The New Zealand dollar against the US dollar
US Dollar to Canadian Dollar
US dollar against the Swiss franc
US Dollar to Danish Krone
US dollar to dollar gongkongskomu
US Dollar to Hungarian Forint
US dollar to Japanese yen
US Dollar to Norwegian krone
US Dollar to Polish Zloty
US Dollar to Singapore Dollar
US dollar to Turkish lira
US Dollar to South African Rand
South African Rand to Japanese Yen
Gold in euros
Many novice traders question arises: how to survive in the forex market and limit your losses to a minimum? The basic rule - to respond quickly to rapidly changing situation, information of political and economic nature, using fundamental and technical analysis…