There are many reasons why traders in the Forex currency market can lose their deposits - from the unprofessionalism of the traders themselves to the illegal actions of brokers. A special one among the reasons is the trading instrument (currency pair) that is not suitable for the trader, because the currency pair being traded can always be changed, i.e. eliminate the cause of failure.

Some categories of traders are more suitable for volatile currency pairs, on the sharp movements of which they earn the main profit. Others lose their deposits due to these sudden movements. Therefore, they should choose currency pairs with a calm “character” as trading instruments. It should be noted that there are no absolutely calm currency pairs; there is always the possibility of an important event, the occurrence of an unfavorable natural phenomenon, etc. Thus, by a calm currency pair we will understand its movement under normal conditions.

Calm currency pairs in the forex market

— Australian Dollar/Danish Krone (Aud/Dkk). An established, unidirectional trend for a given pair can last for several weeks. An unfavorable point for traders when trading this currency pair is the large spread (the average spread is 30 points).

— Australian Dollar/New Zealand Dollar (Aud/Nzd). The stable movement of this currency pair is easily explained - the exchange rates of both currencies included in the pair are influenced by the same factors. However, the daily volatility of this currency pair can be more than 100 points. The spread value is smaller than for the previous pair, but still quite high (10-15 points), which, of course, scares off a certain percentage of traders.

— Euro/Australian dollar (Eur/Aud). Unlike the previous pairs, it has more or less acceptable trading conditions (spread 5 – 10 points). It should be noted that this pair sometimes experiences sharp fluctuations in the exchange rate, but all of them are caused by fundamental factors, the occurrence of most of which can be learned in advance from the economic calendar.

General conclusions

As we can see, most calm currency pairs contain the Australian dollar. But you shouldn’t look at the Australian dollar/US dollar pair in the same way; it has very unpredictable movements. The main reason that pushes traders away from trading calm currency pairs is the large size of the spread. Accordingly, you need to make transactions on such pairs only if you expect a large profit that can cover the costs.

Newbie traders often wonder: which currency pair is best to trade? Much depends on the trading strategy, on the time of trading (morning, evening or afternoon), but the most important advice, perhaps, is this: choose the most predictable currency pairs - it will be easiest for you to work with them. We present to you the top 5 Forex currency pairs, the behavior of which will not be difficult to predict even for a beginner.

EUR/GBP

This pair behaves quite predictably: there are clear trends in it, and when a key support or resistance level is broken, the trend in most cases reverses, and you can safely work in the direction of the new trend. Why is this pair considered easy? Because both the pound sterling and the euro are European currencies that are influenced by the same factors. News regarding the EU economy often affects the EUR and GBP rates simultaneously. All classical models of graphical analysis can be applied to this pair; indicators also generate good signals (there are very few false ones).

USD/CHF

It may not be the most predictable currency pair, but over the past few years its behavior has changed for the better for traders. The fact is that the Swiss National Bank first carried out foreign exchange interventions to regulate the exchange rate of the franc, but then abandoned this policy due to its uselessness. As a result, the movements of the dollar/franc pair have become more even and understandable; both sideways and channel breakouts are clearly visible on the chart.

AUD/USD

The Australian economy is quite isolated, and as a rule, when it strengthens, this has a positive effect on the Aussie exchange rate. That is why this pair reacts well to fundamental data, and its behavior can be predicted by working with the economic calendar. Professional traders advise using the Australian/American pair for medium- and long-term trading, since a chart with a large time frame is best analyzed. Please also note that this pair is most active early in the morning, during the Pacific session: during this period quite strong movements can occur, and the rest of the time the pair behaves very calmly, with flats often occurring.

GBP/USD

This pair is also very interesting for trading, and this is explained by the fact that strong price movements are often observed for it. If you plan to trade the pound/dollar pair, then choose trend strategies, and stop loss and take profit should be placed quite far from the opening price of the transaction. It is best to trade this pair inside the channel.

EUR/USD

The most popular and liquid currency pair completes the list. She only placed fifth in the rankings due to the fact that over the past year her behavior has become less predictable than usual. Perhaps such changes were associated with political events in the United States (presidential elections, trade wars and the conflict with the DPRK). However, this pair is attractive because it lends itself quite well to both fundamental and technical analysis. This pair is equally suitable for medium-term and short-term trading; it is also very popular among scalpers.

But pairs with the Japanese yen, which is also one of the world's major currencies, are considered difficult to trade. The reason is that the yen is not just a currency, but a so-called safe-haven asset - an investment asset into which large market participants transfer their capital in the event of increased market instability. In addition, the JPY rate is affected by economic news not only from Japan, but also from the entire Asian region.

Traders use a variety of strategies for trading. Some prefer to conduct aggressive trading, which can bring both good profits and high losses, others prefer quieter trading, where the risks are not so high. If a trader prefers aggressive trading, then he has to trade on currency pairs with high volatility. A striking example of a highly volatile pair is the euro/dollar. Currency pairs that have a wide range of fluctuations are suitable for more experienced traders, but for beginners in the market it is more advisable to use the calmest currency pairs on Forex.

What are calm currency pairs on Forex

I present to your attention a table where you can see daily price fluctuations in pips. Here, currency pairs are ranked in order of increasing , that is, the EUR/GBP pair is the calmest, and the GBP/AUD is the most volatile.

The calmest currency pairs are those that are close to the direction of the price movement. More recently, USD/CHF was like that, it was close to the movement of the euro/dollar, but today everything has changed radically. Now the calmest low active pair is EUR/GBP (Euro/British Pound Sterling). This means that trading on it will be the calmest and with minimal risks. But the trader must understand that he will not be able to earn much on it.

But, in my opinion, it is important to know not what the calmest currency pair on Forex is, but when the asset becomes the calmest.

How to find a low volatility pair

I suggest you take a closer look at cross-rate pricing. So, for example, the EUR/CHF currency pair is divided into the following pairs: EUR/USD and USD/CHF. The EUR/CHF value is calculated using the following formula: EUR/USD*USD/CHF. It is not difficult to notice that in both cases the US dollar is involved, but if you remove it, you get the EUR/CHF pair. The EUR/GBP pair works out in exactly the same way, but let's look at EUR/CHF in more detail.

In the next picture you can see the EUR/USD and USD/CHF charts. In the first case, the trader buys euros for dollars, and in the second, dollars for Swiss francs. Pay attention to the first graph, where the price began to decline, which means that the euro has become cheaper against the dollar. Now look at the second figure, here the dollar has strengthened against the Swiss franc. That is, as soon as the price begins to decrease on the first chart, on the second it increases and vice versa.

As soon as a similar situation appears on the market, we can conclude that a calm currency pair has been found on Forex. It is very important that both of these pairs have a common currency, in which case you can very quickly find the chart you are interested in.

How to trade low volatility pairs

Currency pairs with low volatility are great for trading using automated advisors and robots. It is on the lowest volatile currency pairs that the advisor shows the best results.

If there is calm in the market, trading can be done using the “Border” option. All that is required of the trader is to set the option expiration date and make a “Boundary” purchase. And if, in fact, there is a lull in the market, then the price is unlikely to go beyond the range, and the trader will earn his profit.

In addition to identifying the most volatile pairs, the right timing for trading is of great importance. For example, during the Asian session, even the most volatile euro/dollar pair is inactive.

Working on the lowest volatility pairs involves conducting short-term trading, when you do not need to monitor the direction of the trend. Forex is in a calm state most of the time, so it makes sense to master trading on low-active instruments and win on this.

I hope you can now find the calmest ones in Forex yourself and use them to increase your profits.

The basis for making money on the Forex market is the correct making of forecasts regarding the future movement of trading instruments (currency pairs). Many traders unknowingly complicate their trading process by choosing pairs for trading that are difficult to analyze and forecast.

What does the concept of predictability of a currency pair include?

- Following patterns. Analysis of the foreign exchange market is based on the axiom that a trading instrument in the future will repeat its past behavior, i.e. “act according to a pattern.”

— Compliance with support/resistance lines. So, as a general rule, a pair should push off from an important line and can break through it only if there is a strong impulse.

What characterizes the behavior of an unpredictable currency pair?

— False breakouts. Such pairs constantly make false breakouts of important support/resistance levels or trend channel boundaries, making it as difficult as possible for the trader to work on his trading strategy, knocking out stop orders, etc.

— Different reactions to the same fundamental factors, the publication of important news.

Which pairs are more predictable?

In theory, the most predictable currency pairs are those for which trading takes place with the greatest volume, i.e. the most liquid pairs. In practice, this is not always the case. For example, the most liquid pair Eur/Usd has a very unpredictable nature and is therefore not very popular with professional traders.

What is the algorithm for searching and trading the most predictable pairs?

— You need to constantly study the movement chart of currency pairs, monitor their reaction to the publication of important news, and check for false breakouts.

— From the most stable and predictable pairs, you need to choose one or more that will best fit the developed trading system.

— If, after some time, trading results begin to deteriorate, then you need to re-analyze the pair for stability.

General conclusions

Trading more predictable pairs can provide a trader with increased efficiency and effectiveness. You need to constantly check whether the characteristics of the pair have changed, and whether this will cause a deterioration in trading performance. High liquidity of a currency pair does not always indicate its predictability. Professional traders advise checking the traded currency pair for “professional suitability” at least once a quarter.

For beginners who have come to the foreign exchange market, in addition to many questions, they are also interested in the following: “What are the best currency pairs for starting to work on Forex?” Most analysts recommend GBP/USD for beginners - traders, without taking into account other trading instruments, and there are a lot of them.

Of course, in some ways they are really right - when trading on Forex, it is better for beginners not to immediately disperse their attention to all the existing currency instruments of the market, but knowing their characteristics is not only necessary, but also important.

The best currency pairs most suitable for beginners, introduction

In addition, it should be understood that currency pairs are the individual preference of each of the traders, and their choice depends on a huge number of various factors influencing the market, as well as on the characteristics of the psychology of the beginner himself. For this reason, each beginner must decide for himself which best currency pairs to choose for trading, while taking into account the experience of other traders and his own preferences at the same time.

Trading terminals in the window " Market Review", as a rule, reflect about 20 trading instruments, and before eliminating what you think are unnecessary currency pairs, you need to make sure that the decision made is correct.

To choose the best currency pairs, the first step is to determine their basic properties and only then proceed to any specific actions.

Properties of currency pairs in Forex trading

So, what properties do currency pairs have? So, volatility is the range of price movement over a certain period of time. Sometimes you can find another name for this property - dynamism.

The greater the volatility of a currency, the faster its price will change, which means you can earn more through exchange rate movements. But keep in mind that the greater the volatility, the riskier the trading.

The next property that beginners need to know about when choosing currency pairs is their liquidity. In other words, both supply and demand must apply to the currencies of a given pair. Please note that and depends on the liquidity of a particular currency pair.

An important role for beginners when choosing currency pairs is played by their predictability. The easier it is for you to determine what the reaction of a financial instrument will be to any events, the higher its predictability will be.
In addition, it is very important to obtain all the necessary information on this instrument. As a rule, the most popular ones in trading have good predictability.

But, the best currency pairs for learning to trade Forex are (according to most experienced traders)– NZD/USD, AUD/USD and XAU/USD.

The reason for this is simple - good predictability (the first two of them will rise in price when the dollar depreciates, and the third relates to trading in precious metals and reacts very well to the release of all kinds of news.

If you want to get maximum profit when trading Forex, then use more dynamic currency pairs - EUR/USD, GBR/CHF, GBR/USD, GBR/JPY and USD/CHF. Some of these currency pairs are capable of moving at least 200 points in one trading day, which in terms of a volume of 1 lot is at least $2,000.

At the same time, we immediately note that when choosing currency pairs for trading, you should not focus your attention only on the most popular ones - experiment, because, as mentioned above, each trader must choose exactly the pair that will at least correspond to his preferences and preferences. And for this you need to know the main characteristics of these trading instruments, which we will discuss below.

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The best currency pairs for traders new to the Forex market

Of course, the most popular currency pair today is EUR/USD. But at the same time, this pair of currencies during its movement brings a huge number of surprises, and only at first glance, it seems that these movements are obvious and simple. The reason for this is, again, its popularity - a huge number of professional traders trade this pair, so its behavior can sometimes be simply unpredictable (trends can change literally several times in a matter of hours). But if you are confident in yourself, you can master this currency pair. The next pair, USD/JPY, ranks 2nd in terms of the volume of traded transactions on the exchange. Many consider this currency pair to be the most unpredictable and treacherous of all existing ones. According to it, at any moment, unexpectedly, a sharp jump may occur, which can lead to either large profits or smaller losses. But at the same time, USD/JPY is extremely sensitive to various world events in terms of politics and economics. It is also called a litmus indicator of what is happening in the world, so trading this pair will not be easy for beginners, but there is always a chance. The GBP/USD currency pair is known among professional traders as the “cable” (jarg). She is famous for her fairly strong and very sharp movements. In addition, false signals very often arise for this pair; this must be taken into account when making any trading decision. For beginners, the GBP/USD currency pair is moderately difficult. Therefore, you can safely choose it to start trading on Forex, despite the fact that forecasts of the behavior of a given currency pair almost always come true. Two pairs that are very stable in forecasts and similar in behavior: AUD/USD and NZD/USD. They are known in trading as "kangaroo" and "kiwi". Both one and the other pair lend themselves quite well to technical analysis. For beginners who have chosen one of these pairs for Forex trading, it will be very important to listen to the opinions of technical analysts themselves in the process of work. Also, one of the main currency pairs for beginners is the USD/CHF pair, because the forecasts for it are the most successful in comparison with other currency pairs. But let us immediately note that when trading Forex with this pair, knowledge of technical analysis alone will not be enough; it is necessary to use and. For beginners, USD/CHF is considered the most suitable, but not the most comfortable when trading with some strategies. The USD/CAD pair is somewhat specific, because... reacts strongly to the price of “black gold”, i.e. oil. As soon as the price of oil starts to rise, the CAD starts to rise in price, and vice versa. For beginners planning to use this pair for trading, it would be a good idea to study the trend in world oil prices, and also not forget about technical analysis.

We also note that the most successful forecasts for this pair of currencies come from American analysts, remember this and listen to them rather than others.

Among most of the world's leading traders, there is an opinion that the most ideal undertaking for beginners would be to start trading Forex with the EUR/CHF currency pair. There are moderate fluctuations for this currency pair, and in general the most minimal of all possible. During a calm and long-term trend movement, trading this currency pair can bring quite significant gains. Also, for beginners, many recommend starting trading with the CHF/JPY pair, because This trading instrument is quite predictable. To analyze the movement of this mass pair, a fairly similar EUR/JPY chart is used, which often duplicates the movement of the CHF/JPY pair, but at the same time makes them a little faster and earlier. Therefore, you can use this time period to close profitable trades.

There are also other currency pairs with which you can start trading on the foreign exchange market, but we have considered only the best of them.

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The best currency pairs suitable for beginners