Recommended Currency Pairs for Overseas Forex Trading | Explanation of Easy-to-Win Currency Pairs and Their Characteristics

Overseas forex brokers offer a significantly larger number of currency pairs than domestic forex brokers, providing a wide range of choices from major currencies to minor and exotic currencies. However, with so many currency pairs available, many people may wonder, "Which one is easiest to win with?" or "Are there any currency pairs that even beginners can profit from?" This article aims to answer these questions by carefully selecting and introducing recommended currency pairs for overseas forex trading from the perspective of ease of winning and profitability. We will explain the characteristics of recommended pairs and points to consider when choosing them, divided into beginner and advanced levels. Furthermore, we will broadly cover topics such as currency pair classifications, differences between brokers, and the risks of minor currencies that you should be aware of. ■What you will learn from reading this article Choosing the right currency pair is a crucial element for generating stable profits in forex trading. Find the currency pair that suits you and aim for better results with overseas forex trading. Beginners are advised to read the Complete Guide to Overseas Forex Trading for Beginners. Contents 1 Understanding the Basics of Currency Pairs 1.1 The Role of Base Currency and Settlement Currency 1.2 Classification of Major and Minor Currency Pairs 1.3 What are Exotic Currency Pairs? 1.4 Differences Between Straight Pairs and Cross Pairs 2 Characteristics of Currency Pairs in Overseas Forex 2.1 No Difference from Domestic Forex for the Same Currency Pair 2.2 Dollar Straight Pairs Have More Favorable Spreads Than Cross Yen Pairs 2.3 Currency Pairs Offered Vary by Broker 3 Points and Precautions for Forex Beginners Choosing Currency Pairs 3.1 Choose Currency Pairs with Easy Information Gathering 3.2 Narrow Down the Currency Pairs You Trade 3.3 Choose Currency Pairs with High Trading Volume 3.4 Choose Currencies with Moderate Volatility (Fluctuation Range) 3.5 Avoid Currency Pairs with Excessive Volatility 3.6 Choose Currency Pairs with Narrow Spreads 3.7 Avoid Currency Pairs with High Negative Swaps 3.8 Avoid Minor Currency Pairs 4 Risks and Precautions of Minor Currency Pairs 4.1 Main Risks Associated with Minor Currency Pairs 4.2 Precautions When Handling Minor Currency Pairs 5 Easy to win even for beginners! Top 5 recommended currency pairs for overseas FX trading 1st place: USD/JPY – Stable and easy to gather information 5.2 2nd place: EUR/USD – World's largest trading volume, strong trends 5.3 3rd place: EUR/JPY – Trends are likely to occur, and moderate volatility is attractive 6. A target for advanced traders! Ranking of the easiest currency pairs/instruments to profit from in overseas forex trading 6.1 1st place: GBP/USD – Large price movements, suitable for short-term trading 6.2 2nd place: EUR/TRY – Suitable for long-term strategies aiming for high swaps 6.3 3rd place: GOLD – High price movements, attractive for high returns and high risks 7 Top 5 overseas forex brokers with a wide variety of currency pairs 7.1 1st place: Exness – Number of currency pairs: Over 100 types 7.2 … Continue reading Recommended currency pair ranking for overseas forex trading | Explanation of easy-to-win currency pairs and their characteristics