If you have any questions or suggestions you are welcome to join our forum discussion about Popular Currency Pairs.

Binary options are a simpler and more flexible variation of Forex trading. When talking about binary options trading, it is inevitable to say that the most popular asset class among traders is certainly currency pairs.

Statistics show that currency trading is responsible for a major fraction of the trading volume generated by binary option traders, so it should not come as a surprise that most novice traders start their careers by trading the most popular currency pairs. Trading currency pairs by using binary options is not difficult at all, as long as you have some basic understanding of technical and fundamental analysis.

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Thanks to these two lines of study, traders can spot signals that help them to predict the price movement of a specific currency pair. Keep in mind that despite the fact that there are over 30 currency pairs available, most traders only stick to a maximum of crosses to achieve the best possible performance.

We recommend you to do so as well, because this way it is much easier to track signals and perform thorough fundamental and technical analysis on each pair. Although technical analysis is preferred by many traders, fundamental factors have a major impact on specific currency pairs to an extent that pure technicians often abstain from trading during days when crucial economic data, especially from the US, are due to be released.

Some of the most important news that traders should follow are:.

Keep in mind that trading with the help of news can be risky, especially if you are using the services of an unreliable broker. Some brokers temporary block specific currency pairs when they see that the latest news may have a major impact on their price.

Currency pairs trading is a great way to become better at binary options trading. Founded in , Binary Tribune aims at providing its readers accurate and actual financial news coverage. Our website is focused on major segments in financial markets — stocks, currencies and commodities, and interactive in-depth explanation of key economic events and indicators.

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Trading forex, stocks and commodities on margin carries a high level of risk and may not be suitable for all investors. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.

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You will learn about the following concepts The number one asset class Specifications Importance of news in currency trading News related to GDP numbers, interest rates.

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