How to Find the Most traded Currency Pairs
Traders are always looking for the safest currencies pairs to trade with. Of course there is no complete safety in Forex trading no matter what, but a more volatile and traded currency is always more preferable to traders, it moves more, gives more opportunities and of course has more buy and sell options. For some traders going safe is not the best way, and they find opportunities in less traded currencies pairs like exotic pairs, and less volatile pairs which tend to have higher spreads, but with experience traders learn to find opportunity in each corner.
But for someone who prefers trading with a highly volatile currency pairs, or for a beginner for whom it is smarter to only trade with a highly volatile currency pair there is always at least one currency pair that takes the crown.
Of course all currency pairs are changing all the time, but for every period of time there are specific trends for each market and therefore each currency pair, and if you look you will find the right one for you.
Over all pairs which include currencies like the U.S dollar, Euro, Japanese Yen, and British pound are usually very highly traded, considering that all these four currencies pairs separately have taken the crown for highest traded currencies for years, so pairs which include at least one of them are usually a safer bet.
On average every year there is a new breakthrough currency pairs, and you can learn more about that through Forex forecasts. Reading all the reviews, economic forecast and predictions of the year through reliable sources is a very important part of the process, and although things may not come out as accurately as predicted, it is still a good starting point.
Global Most Traded Currency Pairs
What Forex Pairs Should I Trade?
If you are a short-term trader then you’re going to want to focus on the most traded currency pairs because they are generally active enough in that time frame to be worthwhile, and also offer the best bid/ask spreads. If you are specifically a day trader or scalper, you’ll want to focus on the top forex pairs for the region you trade in to further ensure the best trading conditions. Traders who operate in longer-term swing and position trades, though, need not concern themselves as much with focusing on the most traded currency pairs, though. The costs and requirements for short-term movement are not a real issue.
These pairs are the most traded currency pairs during London session.
During USA session every trader must focus on this currency pairs.
Here are the most traded currency pairs in for the during Tokyo session
During Australia session among the currency pairs trading in Australia, AUD/USD does about four times as much volume as EUR/USD.
Here are the most traded forex currency pairs during Singapore session