Currency Converter - Exchange Rate Calculator for Trading

Yes, traders can profit from high and low-volatile currency pairs using different trading strategies. High-volatile pairs are suitable for short-term traders and those with an aggressive approach, while traders may prefer low-volatile pairs with a more conservative strategy. The key is to adapt your trading approach to match the market conditions and your trading style.

Continue Reading at What is High Volatility and How to Profit from It?

US Dollar, the United States of America's currency, by itself, is the most traded currency in the world. Of course, the USD is the world's reserve currency, so it is very influential. Meanwhile, the Euro is used by the European Union and serves as the national currency in 19 of 28 EU countries, making it the second biggest currency in the world after USD.

EUR/USD has been the most traded currency pairs in the world for several years and is one of the favorites among forex traders. The main reason for the latter is because it is an actively traded pair with moderate volatility which makes it compatible for either scalping or day trading. There are always enough movements to take daily profits, especially at times around the release of fundamental news.

Continue Reading at EUR/USD Fundamentals and Trading Tips

The overlap session of London and New York is a favorite time for short-term traders. This is because major pairs involving the Euro, US Dollar, Pound, and others are experiencing significant range increases during this session.

If you are using a news trading strategy, the best time to trade the EUR/USD is during the overlap session. But if you want to apply breakout trading, then you can take advantage of the rapid movements at the beginning of the London session.

Continue Reading at 5 EUR/USD Facts Every Beginner Should Know

Volatile currency pairs are those that experience large swings in price over a short period of time. This can make them attractive to traders looking to profit from large price movements. But volatile currency pairs can also be risky as they can quickly move against your position.

Continue Reading at How to Trade Volatile Currency Pairs