EUR/USD, USD/JPY, and GBP/USD are among the most heavily traded currency pairs in the forex market. Each pair boasts unique characteristics and dynamics, demanding tailored trading approaches.
are among the most heavily traded currency pairs in the forex market. Each pair boasts unique characteristics and dynamics, demanding tailored trading approaches. Here's a breakdown of how to tackle these majors:Tends to have strong trend potential, driven by risk appetite. Carry trade potential also plays a role.Breakout trading: Capitalize on breaks of key technical levels with well-defined stop-losses.
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