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Sunday, September 26, 2010

Some currency pairs are more predictable than others. Here are my top 5:

Currency Pairs - Most Predictable Ones | Forex Crunch

 

Some currency pairs are more predictable than others. Here are my top 5:

  1. AUD/USD
  2. EUR/GBP
  3. NZD/USD
  4. EUR/USD
  5. USD/CHF

More predictable currency pairs are currency pairs that “play by the rules” of technical anlysis. For example, if there’s a distinct resistance line or support line, than the pair will usually bounce when getting to close. Or, if this pair crosses the line, it does it “big time”, and makes a big move.

Unpredictable currency pairs tend to be hesitant, suddenly surprise and are hard to analyze. They make traders suffer. I find the USD/JPY to be the worst.

What are your most predictable and least predictable currency pairs?

 

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