Choosing the right currency pair?

 

In the financial markets, currency pairs tend to behave differently from one another. Some are highly volatile for example the GBP pairs and some generally slow and with low volume, like the NZD pairs. What currency pairs are the best in binary options trading? The answer is they are all great, depending on the strategy, you can make profit on any given pair in the markets. The most popular currency pairs are the EURUSD, GBPUSD , USDJPY and AUDUSD. These are the most traded pairs in binary options.

If your trading strategy is a reversal based strategy, slow moving pairs will be more profitable, and for trend following based strategy, volatile pairs will give you the best results.

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