What is Major Pairs?
Major Pairs is a core concept in currency trading.
The seven most heavily traded currency pairs in the world, all involving the US Dollar: EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD, USD/CHF, NZD/USD.
Understanding Major Pairs helps you manage your risk and spot high-probability trade setups.
Why It Matters for Forex Traders
In forex trading, Major Pairs helps you protect your capital. It gives you a clear rule to follow instead of guessing.
How to Identify and Apply Major Pairs
- 1Spot and mark Major Pairs on your chart during active trading hours.
- 2Check that the overall market trend agrees with your trade idea.
- 3Always place a protective stop loss before entering any position.
Practical Forex Example
Always test strategies involving Major Pairs on a free demo account first before trading with real capital.