What is Currency pair in forex trading?

Currency pair is a currency pair that seems as if the goods are traded in the forex market. Whereas the holding of currency pairs is to facilitate the determination of exchange rates.

The existence of currency differences that make up the currency pair makes it as if it has a character of each. Which currency pair is the most stable, unpredictable, or long movement?

Here are some examples of currency pair characters. By knowing the currency pair character we can know the risk of the trading pair.



GBP / USD

The GBP / USD movement is the most aggressive of all time. The range of price charts is very fast. Within a matter of hours the movement has reached 100 points more. Fundamental news that often appears for GBP is at 06.00 am (medium impact) and 16.30 & 19.45 pm for High Impact. For USD is at 19:30 to 22:00 pm for all categories Medium & High Impact.

Average daily movement: 900 - 1700 points
Active trading hours: 15.00 - 22.00 WIB
EUR / USD
Pair EUR / USD is a currency pair that is better ditradingkan than GBPUSD because the movement is stable. The movement is 3/4 of GBPUSD. By adding SMA 10 & 20, we can take a Buy & Sell decision. Fundamental news that often appears for EUR is at 16.00 & 18.00 WIB for Medium & High Impact. For USD is at 19:30 to 22:00 pm for all categories Medium & High Impact.

Average daily movement: 750 - 1500 points
Trading hours active: 14.00 - 22.00 WIB
AUD / USD
If you want to trade casually, without fear of rapidly moving price moves, you can choose an alternative for AUD / USD. AUD / USD movement is half of EUR / USD or 3/4 of GBPUSD. Fundamental news that often appears for AUD is at 07.30, 10.30 pm (interest rate) for Medium & High Impact. For USD is at 19:30 to 22:00 pm for all categories Medium & High Impact.

Trading active hours: 07.00 - 22.00 WIB
USD / JPY
Pair is often a surprise where you must be careful in making a decision Buy or Sell. Although the daily movement panajng but often easily reversed directed so that the small body candlenya. Fundamental news hour is 06.50 - 12.00 WIB for Japan and for USD at 19.30 - 22.00 WIB for all Medium & High Impact categories.

Trading hours active: 14.00 - 22.00 WIB
GBP / JPY

This is the longest moving pair among the others. For those of you who like a challenge, or want a big profit, then please trade GBPJPY. The weakness of this GBPJPY is its large spreads, so it is not suitable for trading scalping styles.

Average daily movement: above 1200 points
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