This article explains the three main categories of currency pairs—majors, minors, and exotics—and how understanding these distinctions helps traders make more informed decisions. A currency pair ...
Categorizing forex pairs is a difficult task because so many factors affect each currency pair. It seems it is much easier to categorize other investments. Because of this unusual situation and the ...
EUR/USD is the most traded forex pair in the world. It holds the euro as the base currency and the US dollar as the quote currency, so the price represents how many dollars you’d need to spend to buy ...
Pips are the units of price movement in forex trading. Understanding their value and calculating potential profits or losses in pips is essential for creating an effective trading strategy. This guide ...
Volatile currency pairs can offer many opportunities for profit. Learn more about forex volatility, including the names of some of the most volatile currency pairs and how to take advantage of their ...