The most profitable currency pair

There are a great many discussions on the topic - “What can you earn the most money on?”, any novice trader asks the question -

What currency pairs are the most profitable in Forex?

The question is quite interesting and requires careful study, because any of the trading tools can provide high profitability at certain moments.

Let's look at the current situation regarding the most popular instruments, and we should pay attention not only to the foreign exchange market.

The trading platform allows you to use almost any exchange assets, including futures and precious metals.

EUR/USD is rightfully considered the most popular Forex pair, but surprisingly, you can only make 50-100 pips on it in a day. While more dynamic movements do occur, they're rare; the pair generally moves within a narrow price range. Therefore, profits can only be made by scalping, as this pair has the lowest spread.

USD/JPY and EUR/JPY are among the most attractive instruments for profit, especially during Bank of Japan intervention days; a thousand pips of profit on such a day is far from limitless. The Japanese yen is rightfully considered one of the most dynamic instruments, and therefore one of the most profitable. This is because, in addition to the high speed of movement on these pairs, they also have a low spread.

Oil has become the number one asset for speculation in recent months; sometimes the price changes not by pips, but by entire percentages in a day. At the same time, predicting the trend is relatively easy, which opens up incredible profit opportunities even for novice traders. For more information on this asset, read the article " Oil on Forex ."

USDRUB and EURRUB – it turns out you can profit from the ruble's decline by opening long trades. The pair can move several thousand pips in a day, and a declining ruble causes a sharp rise in the price of these instruments. You can learn about some of the trading specifics in the article " Trading the Ruble on Forex ."

The situation is constantly changing, but at the moment, these trading instruments offer the greatest profits on Forex.