Best currency pair for trading

maria_taylor posted:
Which is the best currency pair for trading and in how many pairs you trade generally?

If you have started trading then, EURUSD is the best currency pair to begin with.

I think EUR/USD seems to be a very good pair to trade. Other than this, you can also look at USD/CAD, GBP/USD and various other major currency pairs.

For my trading, I like GBPUSD. EURUSD, I find a bit slow. Well everyone has their favourite pair based on different criteria. And mine is GBPUSD.

For me, it is major pair.

EURUSD and GBPUSD are my favorite trading pairs.

Actually, as far as I concerned, there are no best currency pairs for trading. There are only those which can help you to generate money. They vary from day to day, and of course, they vary from the current situation on the market. For example, if you see that news about jpy was released, you probably can think about how this news affect currency pair usd/jpy. Here you make conclusions and decide whether it's a good time to trade this pair or not. Every currency pair can possibly bring you money and experience, it depends on the time when you enter the market.

croisssan posted:
The market situation is changing so rapidly that pairs can change just as often.

That is true but EURUSD still has lowest spreads and highest liquidity so is till the best pair

maria_taylor posted:
Which is the best currency pair for trading and in how many pairs you trade generally?

Most tradable 6 currency pairs in Forex market: EURUSD, USDJPY, GBPUSD, AUDUSD, USDCARD & USDCNY! But in my trading I use only EURUSD, USDJPY & GBPUSD trading pairs! actually I select my trading pairs according to their performance!

For me, the best currency pair is the EURUSD because it is easy to predict when compared to other major pairs and it is highly liquid.

now i am trading with GBP USD , always feel comfortable with any major.

Alberncon posted:
For me, the best currency pair is the EURUSD because it is easy to predict when compared to other major pairs and it is highly liquid.

I agree with you, I also like to trade EURUSD

All the major currency pairs are good for trading. It is suggested to trade with one of the major currency pairs. Many traders, especially new traders use EUR/USD due to the tight spreads and more predictable nature.
Though I prefer trading GBP/JPY.

Rather boring but that's how I like my trading. I just trade EURUSD really. Plays off the DXY very well and there are more than enough opportunities in a week for me.

Pick any of the major currency pairs to start with. With time, you can move to minors and exotics. The difficulty level would increase but so will be your chances of making huge profits.

EURUSD for me coz easy to predict.

Maybe most popular currencies. EURUSD, GBPUSD and etc.

Like many of the other commenters, I prefer EURUSD

Every trader has their own suitable currency pair for trading depending on their trading methods, strategy, or skill. I prefer trading with most major pairs.

As per my opinion, currently the best currency pair for forex trading is USD/CHF, and USD/EUR.