28 Major Forex Pairs List
Forex trading involves a vast number of currency pairs, but traders primarily focus on the 28 major forex pairs derived from the world’s most traded currencies. These pairs include combinations of eight major currencies—USD, EUR, GBP, JPY, AUD, NZD, CAD, and CHF.
What Are the Major Forex Pairs?
The major forex pairs include currency pairs that involve the US dollar (USD) and other widely traded currencies. These pairs are known for their high liquidity and tight spreads. However, the 28 major forex pairs also include cross-currency pairs that exclude USD.
Why Are These 28 Pairs Important?
- High liquidity – Easy to enter and exit trades.
- Lower spreads – Lower trading costs compared to exotic pairs.
- More predictable trends – Heavily analyzed in technical and fundamental analysis.
Complete 28 Major Forex Pairs List
1. Major Currency Pairs (The Big 4)
These pairs always include the USD and are the most traded in the forex market.
- EUR/USD (Euro / US Dollar)
- GBP/USD (British Pound / US Dollar)
- USD/JPY (US Dollar / Japanese Yen)
- USD/CHF (US Dollar / Swiss Franc)
2. Commodity Pairs
These pairs include currencies from countries rich in natural resources and are influenced by commodity prices.
- AUD/USD (Australian Dollar / US Dollar)
- USD/CAD (US Dollar / Canadian Dollar)
- NZD/USD (New Zealand Dollar / US Dollar)
Trading Strategy
Accuracy = 52-65% (varies on each asset)
Backtested – for last 10 year data
Take Profit and Stop Loss Ratio 1:2, 1:3
Zoom Call Proof are Available
3. Cross Currency Pairs (Excluding USD)
Cross-currency pairs do not include the US dollar but involve two major currencies.
Euro (EUR) Crosses:
- EUR/GBP (Euro / British Pound)
- EUR/JPY (Euro / Japanese Yen)
- EUR/AUD (Euro / Australian Dollar)
- EUR/CAD (Euro / Canadian Dollar)
- EUR/CHF (Euro / Swiss Franc)
- EUR/NZD (Euro / New Zealand Dollar)
British Pound (GBP) Crosses:
- GBP/JPY (British Pound / Japanese Yen)
- GBP/AUD (British Pound / Australian Dollar)
- GBP/CAD (British Pound / Canadian Dollar)
- GBP/CHF (British Pound / Swiss Franc)
- GBP/NZD (British Pound / New Zealand Dollar)
Japanese Yen (JPY) Crosses:
- AUD/JPY (Australian Dollar / Japanese Yen)
- CAD/JPY (Canadian Dollar / Japanese Yen)
- CHF/JPY (Swiss Franc / Japanese Yen)
- NZD/JPY (New Zealand Dollar / Japanese Yen)
Other Cross Pairs:
- AUD/CAD (Australian Dollar / Canadian Dollar)
- AUD/CHF (Australian Dollar / Swiss Franc)
- AUD/NZD (Australian Dollar / New Zealand Dollar)
- CAD/CHF (Canadian Dollar / Swiss Franc)
- NZD/CAD (New Zealand Dollar / Canadian Dollar)
How to Choose the Right Forex Pair for Trading?
Not all forex pairs behave the same way. Some are more volatile, while others move steadily. Here are some factors to consider:
1. Liquidity and Volatility
- Major pairs like EUR/USD and GBP/USD have high liquidity and lower volatility.
- Cross pairs like GBP/JPY and AUD/JPY tend to be more volatile, offering greater profit potential but also higher risks.
2. Trading Hours
- USD pairs are most active during the New York and London sessions.
- JPY pairs are more active during the Tokyo session.
3. Correlation with Other Markets
- USD/CAD and AUD/USD often correlate with commodity prices (oil and gold).
- EUR/GBP and EUR/CHF are influenced by European economic news.28 major forex pairs list
Conclusion of 28 major forex pairs list
The 28 major forex pairs list are essential for traders looking for high liquidity and predictable trends. Whether you prefer trading major pairs, commodity pairs, or cross pairs, understanding their characteristics will help you make better trading decisions.
Trading Strategy
Accuracy = 52-65% (varies on each asset)
Backtested – for last 10 year data
Take Profit and Stop Loss Ratio 1:2, 1:3
Zoom Call Proof are Available