



The reason these pairs are considered major is due to their high tradingvolume, tight spreads, and overall market stability. Forex Major Tradinginvolves trading the most liquid and widely traded currency pairs in theworld. These pairs always include the US Dollar (USD) paired with anothermajor currency. These pairs are considered the most stable and activelytraded in the Forex market due to their high liquidity and lower spreads.
The forex market operates 24 hours a day, five days a week due to the global nature of the market. It is divided into different trading sessions, including the Asian, European, London, and North American sessions.
Forex Minor trading involves trading currency pairs that do not include theUS Dollar. These pairs are made up of two non-USD currencies. Minorpairs tend to be less liquid than majors and may have slightly widerspreads, but they are still popular among traders because of theopportunities they provide in different currency markets.
The forex market operates 24 hours a day, five days a week due to the global nature of the market. It is divided into different trading sessions, including the Asian, European, London, and North American sessions.
Forex Exotic trading involves trading currency pairs that include a majorcurrency (such as the USD, EUR, or JPY) paired with a currency from anemerging or smaller economy. These pairs are considered exotic due totheir lower liquidity, higher volatility, and wider spreads compared to majorand minor pairs. Examples include USD/TRY (US Dollar/Turkish Lira) orEUR/ZAR (Euro/South African Rand). Exotic pairs can offer high potentialfor profit, but they also carry higher risk.
The forex market operates 24 hours a day, five days a week due to the global nature of the market. It is divided into different trading sessions, including the Asian, European, London, and North American sessions.
Forex (Foreign Exchange) trading is the act of buying one currency while simultaneously selling another. It’s the world’s largest financial market, where traders speculate on the price movements of currency pairs like EUR/USD or GBP/JPY to profit from exchange rate fluctuations.
The forex market is influenced by several key factors, including:
Economic data: inflation, employment, GDP, and interest rates.
Central bank policies: decisions by the Federal Reserve, ECB, or other banks impact currency values.
Geopolitical events: elections, conflicts, and trade agreements can cause volatility.
Market sentiment: investor confidence and risk appetite often drive short-term movements.
In a currency pair, the base currency is the first currency listed, and the quote currencyis the second. For example, in EUR/USD, the euro (EUR) is the base currency and the U.S. dollar (USD) is the quote currency. If EUR/USD rises, it means the euro is strengthening against the dollar.
The most popular or major forex pairs are those that include the U.S. dollar (USD) andare known for their high liquidity and tight spreads. Some of the most traded pairs include:
EUR/USD – Euro vs U.S. Dollar
GBP/USD – British Pound vs U.S. Dollar
USD/JPY – U.S. Dollar vs Japanese Yen
USD/CHF – U.S. Dollar vs Swiss Franc
AUD/USD – Australian Dollar vs U.S. Dollar
USD/CAD – U.S. Dollar vs Canadian Dollar
These pairs dominate global trading volume, making them ideal for both beginners and experienced traders due to their stability and lower trading costs.