Every trader can sometimes become a victim of failure. Losing a deposit is a serious nuisance! And there are many reasons that can lead to losses. In order to prevent a repeated crash, you need to carefully analyze your actions and correct possible mistakes. One of these reasons may be a currency pair that is not suitable for a trader. By replacing the pair, we eliminate the problem, but first we need to study the “nature” of the traded instrument.
Some prefer to trade only the most active currency pairs and receive good income on their volatility. Others choose only calm couples. But even the most quiet and calm couples can change due to the onset of some incredible events or natural disasters. Therefore, we will consider calm the currency pair that is moving steadily at normal conditions. Such currency pairs most suitable for concluding long-term deals.
AT comparative table 7 major currency pairs are presented, as well as cross rates and exotic currency pairs:
Below are examples of the most predictable (volatile) Forex currency pairs.
EUR/CHF (Euro/Swiss Franc)
Moves calmly and not abruptly. This makes it possible to control the situation and earn income. Very good for beginners. The pair's calm periods are especially productive, and the spread is about 2 pips. Traders who are fond of scalping most often choose the movement of this pair, due to its minimal mobility. The calmness of this pair can be explained by the fact that both currencies that make up the pair are European. The Eurozone is the main trading partner for Switzerland, so the exchange rate of the franc against the euro is very important for the country. As you study the development of this pair, follow the news of the eurozone and the European Central Bank.
EUR/GBR (Euro/British Pound)
A very stable couple. Its movement can change by only a few points, but this instrument has a very high pip price, which at the very minimal change can greatly affect the deposit. This pair is easier to predict for a fall in the course. This currency pair consists of two very popular currencies, which are influenced by similar factors, which sometimes leads to a fall or rise.
Most of all, changes in the quote of the EUR/GBR pair can be affected by changes in energy prices, changes in interest rates of Central banks, the amount of trade, economic growth and unemployment.
Volatility tables
Highly volatile, major Forex pairs:
Low volatility, major Forex pairs:
Highly volatile cross rates:
| currency pair | Volatility | Average spread | Price step | |
| GBPNZD | 207.12 | 4 | 0.00001 | 0.1 |
| GBPAUD | 183.14 | 8 | 0.001 | 10 |
| GBPCAD | 168.52 | 7 | 0.00001 | 0.1 |
| EURNZD | 159.50 | 10 | 0.00001 | 0.1 |
| GBPJPY | 154.36 | 4 | 0.00001 | 0.1 |
| EURAUD | 141.90 | 5 | 0.00001 | 0.1 |
| EURCAD | 129.26 | 5 | 0.00001 | 0.1 |
| EURJPY | 112.16 | 2 | 0.001 | 10 |
| GBPCHF | 104.36 | 6 | 0.00001 | 0.1 |
| CHFJPY | 98.68 | 4 | 0.001 | 10 |
| AUDJPY | 91.00 | 2 | 0.001 | 10 |
Low volatility cross rates:
| currency pair | Volatility | Average spread | Price step | Cost of 1 pip per 0.01 lot, USD |
| AUDNZD | 88.32 | 6 | 0.00001 | 0.1 |
| CADJPY | 88.06 | 4 | 0.001 | 10 |
| AUDCAD | 86.50 | 3 | 0.00001 | 0.1 |
| NZDJPY | 81.20 | 4 | 0.001 | 10 |
| AUDCHF | 71.30 | 4 | 0.00001 | 0.1 |
| EURGBP | 68.88 | 2 | 0.00001 | 0.1 |
| CADCHF | 63.84 | 4 | 0.00001 | 0.1 |
| EURCHF | 50.12 | 3 | 0.00001 | 0.1 |
Often novice traders ask themselves the question: what is the best currency pair to trade? A lot depends on trading strategy, from 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 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 it breaks through key level support or resistance, then the trend in most cases reverses, and you can safely work in the direction of the new trend. Why is this couple considered easy? Because both the pound sterling and the euro are European currencies that are influenced by the same factors. News about the EU economy often influences EUR exchange rate and GBP at the same time. Everything can be applied to this pair classic models graphical analysis, indicators also form good signals (there are very few false ones).
USD/CHF
It may not be the most predictable currency pair, but in the last few years its behavior has changed for the better for traders. The fact is that National Bank Switzerland first carried out foreign exchange interventions to regulate the exchange rate of the franc, but then abandoned this policy due to its futility. As a result, the movements of the dollar/franc pair have become more even and understandable, the chart clearly shows side effects and channel breakouts.
AUD/USD
The Australian economy is quite isolated, and as a rule, when it strengthens, it reflects positively on the Aussie 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 Aussie/US pair for medium-term and long-term trading, as a chart with a large timeframe lends itself best to analysis. Note also that this pair is most active early in the morning, during the Pacific session: quite strong movements can occur during this period, and the rest of the time the pair behaves very calmly, there are often flats.
GBP/USD
This pair is also very interesting for trading, and this is due to the fact that strong price movements are often observed on it. If you plan to trade the pound/dollar pair, then choose trending strategies, and stop loss and take profit should be set quite far from the opening price of the transaction. It is best to trade this pair inside the channel.
EUR/USD
The list is completed by the most popular and liquid currency pair. She took only the fifth place in the ranking due to the fact that in Last year her behavior became less predictable than usual. Perhaps such changes were related to political events in the United States (presidential elections, trade wars and the conflict with the DPRK). However, this pair is attractive in that it lends itself quite well to both fundamental and technical analysis. This couple is equally suitable for both medium and short term trading, she is also very fond of 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 - investment asset, into which large market participants transfer their capital in the event of increased market instability. In addition, the JPY rate is influenced by economic news not only from Japan, but also from the entire Asian region.
Speculators trading on Forex market, a variety of strategies are used to make a profit.
Some traders prefer an aggressive trading style. This is often used for this. This makes it possible to get a decent profit in the shortest possible time. However, the probability of losses is also high here.
Other traders prefer to trade more calmly, minimizing their risks. As financial instruments, they use assets with low volatility, the fluctuation range of which is minimal. Such financial instruments are great for beginners or speculators who prefer long-term trading.
Trading the calmest currency pairs on Forex is also characterized by minimal losses.
How to measure the “calmness” of a couple
The non-linearity of the price movement on the chart is a feature of any market. Low volatility Forex pairs usually move within a narrow range. They are often referred to as "flat".
The figure shows a chart of the AUD/NZD pair. The price fluctuations of this asset are insignificant. It is no coincidence that this currency pair is considered one of the calmest.
Investors often use special tools to determine volatility, such as a volatility calculator. In its upper part for calculation, you must specify the time period in weeks, and then select an asset. After that, you can observe the result presented in the three diagrams.
The volatility of even the calmest currency pairs on Forex increases during the release of important economic news. This should be taken into account by any trader. Therefore, it is better for beginners when trading low-volatility assets at this time not to open positions.
The lowest volatility in the market is observed from 02:00 to 04:00 Moscow time. This is the gap between trading sessions.
It should be noted that many "calm" assets are quite difficult to identify. This happens for the simple reason that the lowest volatile currency pair can become extremely active at any moment and vice versa. An example would be USD/CHF.
She was considered calm until the date of introduction. central bank Switzerland changes in interest rates(). After that, the USD/CHF price movement reversed.
Which pairs can be considered the most flat
Horizontal or lateral price movement in the market is commonly called a flat. The longest time period of being in a flat is typical for cross assets. These are pairs in which there is no US dollar. They are not characterized by sharp jumps. 
The CHF/JPY chart clearly shows the price movement in the sideways. Extremums (minimums and maximums) are practically not updated. AT this example the width of the corridor is about 50 points.
One of the most flat currency pairs are considered to be GBP/JPY, EUR/JPY, CAD/CHF, EUR/GBP, AUD/NZD. Of these, assets with the US dollar are most distinguished. Examples include AUD and NZD.
The charts of the rates of both currencies in tandem with the "American" behave almost identically. The stability of the AUD/NZD can be explained by the fact that both currencies that make up the asset are subject to the same factors. Therefore, there are much fewer reasons for a sharp change in the price movement here than in other financial instruments.
Features of trading flat pairs
It is believed that the optimal trading style during a flat is to enter sales at the upper border of the price channel, and buys at its lower border.
But when opening orders at the support and resistance lines, one should take into account the spread of the asset so that the final profit exceeds it and is economically justified. Otherwise, it makes no sense to enter the market.
For long-term trading the least volatile currency pairs are suitable, the daily chart of which stays in a certain price corridor for a long time, outwardly close to the sideways trend. This makes it possible to place pending orders for the implementation of short and long positions, swiping at trading terminal much less time.
Flat pairs are ideal for automated trading, as robots and advisors perform well in such conditions.
In the conditions of manual trading, it will be useful to use technical indicators. Sooner or later, the flat movement ends. Indicators and careful monitoring of the most important economic news help to determine it.
When trading the calmest currency pairs on Forex, you should always remember the rules of money management. Even with moderate risk, you should not neglect the rules of money management.
Traders use a variety of strategies to trade. Some prefer to conduct aggressive trading, which can bring both good profits and high losses, while 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 large range of fluctuations are suitable for more experienced traders, it is more expedient for beginners in the market to use the calmest currency pairs on Forex.
What are calm currency pairs in Forex
I bring to your attention a table where you can see daily price fluctuations in pips. Here, the currency pairs are arranged as they increase, that is, the EUR/GBP pair is the most calm, and the GBP/AUD is the most volatile.
The most calm are those currency pairs that are close in 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 it will not be possible to earn a lot on it.
But, in my opinion, it is important to know not what is the calmest currency pair in Forex, but when the asset becomes the most calm.
How to find a low volatility pair
I suggest you understand the pricing of cross-rates in more detail. So, for example, the EUR/CHF currency pair is decomposed into the following pairs: EUR/USD and USD/CHF. The EUR/CHF value is calculated from following formula EUR/USD*USD/CHF. It is not difficult to see that in both cases the US dollar takes part, but if you remove it, you get the EUR/CHF pair. The EUR/GBP pair decomposes in exactly the same way, but let's take a closer look at EUR/CHF.
On the next picture you can see the EUR/USD and USD/CHF charts. In the first case, a trader buys euros for dollars, and in the second, dollars for Swiss francs. Pay attention to the first chart, where the price went down, which means that the euro has fallen in price against the dollar. Now look at the second picture, here the dollar has strengthened against Swiss franc. That is, as soon as the price starts to decline on the first chart, it rises on the second chart 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 with automatic advisors and robots. It is on the lowest volatile currency pairs that the EA shows the most high results.
If the market is calm, then trading can be done using the “Border” option. All that is required of the trader is to set the term of the option and make a purchase "In the border". And if the market, in fact, is calm, then the price is unlikely to go beyond the range, and the trader will earn his profit.
In addition to determining the most volatile pairs, it is of great importance right choice time to trade. For example, during the Asian session, even the most volatile euro / dollar pair is inactive.
Working on the lowest volatility pairs involves short-term trading, when you do not need to follow the direction of the trend. Forex most of the time is in a calm state, so it makes sense to master trading on inactive instruments and win on it.
Hopefully, now you can find the calmest ones on Forex and use them to increase your profits.
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 to start working on Forex?”. Most analysts recommend GBP/USD for beginner traders, while not taking into account other trading tools, 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 scatter their own attention to all the existing currency market instruments, but knowing their characteristics is not only necessary, but also important.
The best currency pairs most suitable for beginners, intro
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 affecting the market, as well as on the psychology of the beginner. For this reason, each beginner must decide on their own which are the best currency pairs to trade, while taking into account the experience of other traders and their own preferences at the same time.
Trading terminals in the window " Market Review”, as a rule, reflect about 20 trading instruments, and before excluding unnecessary, in your opinion, currency pairs, you need to make sure that the decision is correct.
To choose the best currency pairs, the first step is to determine their main properties and only after that 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 the currency, the faster its price will change, which means that you can earn more due to the exchange rate movement. But at the same time, keep in mind that the greater the volatility, the more risky trading is.
The next property that beginners need to know about when choosing currency pairs is their liquidity. In other words, the currencies of this pair must be subject to both supply and demand. 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 will be for you to determine what will be the reaction of one or another financial instrument on any events, the higher its predictability will be.
In addition, it is very important to receive all the necessary information on this instrument. As a rule, the most popular in trading have good predictability.
But, and the best currency pairs for learning Forex trading 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 one relates to precious metals trading and responds very well to the release of all kinds of news.
If you want to get maximum profit while 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 able to pass at least 200 points in one trading day, which in terms of the volume of 1 lot is at least $2,000.
At the same time, we note right away that when choosing currency pairs for trading, you should not focus your attention only on the most popular of them - experiment, because, as mentioned above, each trader must choose exactly the pair that will at least correspond to his preferences and. 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 - beginners of the Forex market
Of course, today the most popular currency pair is EUR/USD. But at the same time, this pair of currencies during its movement carries a huge number of surprises, and only at first glance, it seems that these movements are obvious and simple. The reason for this, again, is its popularity - this pair is traded by a huge number of professional traders, so its behavior can sometimes be simply unpredictable (trends can literally change several times in a matter of hours). But if you are confident in yourself, you can masterfully cope with this currency pair. The next USD/JPY pair takes the 2nd place in terms of the volume of traded transactions on the stock exchange. Many consider this currency pair to be the most unpredictable and insidious of all existing ones. On it at any moment, unexpectedly, a sharp jump can happen, which can lead to both large profits and no less 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 it will not be easy for beginners to trade this pair, but there is always a chance. The GBP/USD currency pair is known as the "cable" (slang) among professional traders. She is famous for quite strong and very sharp movements. In addition, false ones very often appear for this pair, this must be taken into account when making any trading decision. For beginners, the GBP/USD currency pair is medium difficult. Therefore, you can safely choose it to start trading on Forex, despite the fact that forecasts of the behavior of this pair of currencies almost always come true. Two pairs that are very stable in forecasts and similar in their behavior are AUD/USD and NZD/USD. They are known in trading as "kangaroo" and "kiwi". That one, that the other pair lends itself 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 opinion of technical analysts and themselves in the process of work. Also, one of the main currency pairs for beginners is the USD / CHF pair, because. forecasts for it in comparison with other currency pairs are the most successful. But we note right away that when trading Forex with this pair, knowledge of one technical analysis will not be enough, you must use and. For beginners, USD/CHF is considered the most suitable, but not the most comfortable in trading for some strategies. The USD/CAD pair is kind of specific, because. reacts strongly to the price of "black gold", i.e. oil. As soon as the price of oil starts to rise, then the CAD starts to rise in price, and vice versa. For beginners who are going to use this pair for trading, it will not be superfluous to study the trend in world oil prices, and also do not forget about technical analysis.We also note that the most successful forecasts for this pair of currencies are from American analysts, remember this and listen better to them, and not to others.
There are also other currency pairs with which you can start trading on foreign exchange market We have considered only the best of them.
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The best currency pairs for beginners
