5 Most Unpredictable Currency Pairs
After writing about the 5 Most Predictable Currencies, I turn to the ones that are least predictable. Here’s my black list:
- USD/JPY
- USD/CAD
- GBP/JPY
- EUR/CHF
- GBP/AUD
I find these currency pairs hard to trade. Very hard to trade. The make wild swings, false breaks, or they make drawing trend lines on them quite impossible. You’ll need a lot of imagination…
Some of these currency pairs just have graphs that are very unhealthy. They don’t play by the rules of technical analysis. Forex trading can be easier if you avoid these pairs…
What are your predictable and unpredictable currency pairs?
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I agree(and there should be more-nzd/usd comes to mind)
Thanks! Why would you add the NZD/USD? It isn't very easy to trade, but also not too hard. It moves slowly…
some one told me sometime ago that the most predictable currency pair is euro/usd contrary to what you are saying here, could you pls give me some instances or proves, thanks.
Perhaps if the markets are not “playing by the rules,” then we need to reevaluate if our rukes are correct. After all, isnt the market always right?
Good point there!