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I can see most traders choose EUR/USD as their favourite pair. Is it because of good trading experiences with them? or because they are popular?
My experience so far is that it is the most volatile (Up down) versus side ways trading.
And there is a close corellation to when it is volatile, when the london markets are open
Because the euro and U.S. dollar are the world's two largest currencies from the world's two largest economic and trading blocs. The combination of liquidity and volatility makes the euro/U.S. dollar pair an excellent place to begin trading for newcomers to the currency market.
Actually the fondamental analyse is simple, and generaly the spread on this pair is the lowest you can find
So this pair interest scalper, day and swing traders
According to me the EURUSD is actually easy to predict in terms of market direction, and it has more movement than other pairs
Kind time of day EVERYTHING. I think that this pair makes it popular that the price in it is moving more predictably and two strong economies affect this movement. All for summer cottages and profits ;)
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