You are here

Forex trading made easy

What is the best major forex pair to trade at any given time? The FX Pair Finder in NanoTrader will tell you, and why.

These are the advantages of the FX Pair Finder tool:

  1. See which currency is strong and which currency is weak.
  2. Their relative strength is easy to compare.
  3. Use it in any time frame.
  4. User-friendly and easy to interpret.
  5. The tool is FREE

The best forex pair(s) to trade

Each major currency is traded against four other currencies. For example, the USD against EUR, JPY, CHF and GBP. The Finder analyses the strength of each currency against the other four currencies. This relative strength, expressed as a percentage change, is then plotted as an easy-to-interpret single line.

Simply put, if one currency's curve goes up, it is because that currency is strong against the other four. Ideally, traders should always trade the currency pair consisting of the strongest currency and the weakest currency.

This example shows the relative strength curves for the five currencies over a 90-day period. The GBP is clearly the strongest currency and the USD the weakest. This would mean that buying GBP/USD is the way to go.

What are the best forex pairs to trade. The FX Pair Finder provides the answer.

People also read

Pivot points in forex trading

The Forex Gap Close trading strategy

Free demo

Test NanoTrader Full  I  Test Tradingview  I  Test the mobile platforms  All for CFD-Forex & Futures

Buy US stocks

Pay 0,00 $ order commissions with Freestoxx

Trading videos

Charting, strategies, automated trading, backtesting, playback... watch these videos and become a platform master.

Managed account

+33,1% (2020) & +17,5% (2021). Explore Investui


WH SelfInvest serves traders from offices in GermanyFranceSwitzerlandBelgiumLuxemburg and the Netherlands.

The spectacular SignalRadar

SignalRadar shows live trades being executed by various trading strategies.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Futures are complex instruments subject to unpredictable changes in price. They are financial instruments which offer the investor the possibility to use leverage. The use of leverage implies the risk of losing more than the total value of the account.

Investments in digital assets are considered highly speculative investments and are subject to high volatility and therefore may not be suitable for all investors. Each investor should consider carefully, and possibly with external advice, whether digital assets are suitable for them. Make sure you understand any digital asset before you trade it.

Back tested and real past performance do not guarantee future performance. Every investor should make sure, if possible with the help of an advisor, if the Investui service is suitable for his personal situation. All investments carry significant risk. There is no guarantee of profit.

Copyright 2024. WH SelfInvest, 33 rue du Puits Romain, 2nd Floor, 8070 Luxembourg-Bertrange, Luxembourg

Back to Top