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?