Currently the two pairs are more used world wide, and that is why many trader prefer trading them because they are also profitable in the market. And their countries economy is very strong than most other currency.
Please take a look around, and feel free to .
yes we know that there are still others pair which is tradeable but the real thing is that eur/usd still remain the most traded pair which is here for us to trade , and mostly when the newbie first join forexWell the truth maybe there but the real truth is that you must know from here that there are still others pairs which is profitable its all depend on how the trader chose to learn it and that is good enough if a trader started with usd;jpy then he will conversant with that pair than any other
That is a normal thing, that when ever a trader starts with any pair...then he will be sort of a-costumed with those pairs but widely traded pair is still Euro/USD in the Forex Market. There influence has becoming so high that many traders trade them more often to other pairs.Well the truth maybe there but the real truth is that you must know from here that there are still others pairs which is profitable its all depend on how the trader chose to learn it and that is good enough if a trader started with usd;jpy then he will conversant with that pair than any other
No it is not for those who are more knowledgeable about Forex Trading, but it is for every one that wants to earn money from Forex Trading. This is also the most commonest pair New Traders used to come across while learning Forex Trading. And once they can master it, they have more chance to make profit with it.Yes you're right. Eurusd is the most traded pairs and having low spread helps to hit profit on time if you have the right position. Eur jpy is a very volatile pair as if not trained in trading forex, you could loose your positions.
I think this pair is for those whose are more knowledgeable in forex trading.