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Some currency pairs tend to “play by the rules” of technical analysis – when approaching a clear line of resistance or support, the pair will bounce back. And if the pair has the momentum to cross the line, it makes a clear break and doesn’t look back. But not all currency pairs are equal. Some are more predictable than others. Here are my top 5, with brief explanations:

  1. AUD/USD – respects old and new lines alike.
  2. EUR/GBP – after making a break, it tends to quickly mark the extent of the move, and to range-trade in the new zone.
  3. USD/CHF – despite the interventions by the SNB, the pair respects lines.
  4. EUR/CAD – Take each side of this cross against the dollar, and you don’t have a predictable pair – but the cross moves nicely.
  5. GBP/USD – While wider stops are necessary here, the pair works well.

This is a follow up of a similar list of most  predictable pairs made back in April 2009.

Unpredictable currency pairs tend to be hesitant, make false breaks, suddenly surprise and are harder to analyze. Here’s the list of unpredictable currency pairs.

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Do you find these currencies predictable, or not? If not, what are your favorite currency pairs?

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