Olymp Trade is a Forex and Fixed Time Trading broker which offers traders so many assets to trade, among them currency pairs.
But, do all currency pairs really perform the same?
There must be some currency pairs that really perform better than others thus more preferred.
But which are these currency pairs?
GBP/USD is the Forex ticker which shows how the value of the Great British Pound changes against the US Dollar.
It will tell you how many US Dollars you need to buy a Great British Pound.
The pair is among the oldest and most traded currency pairs across the world.
When is the best time to trade the GBP/USD currency pair?
Traders who prey on high volatility can trade the pair when the London and New York Sessions are open.
Low volatility traders, on the other hand, can trade the pair when those two major Forex sessions close.
What makes the pair one of the best pairs to trade is that it consists of currencies of major economies.
It also has a high yield in FTT of up to 92% on a regular basis. On Olymp Trade.
EUR/USD is the Forex ticker showing the performance of the Euro against the US Dollar.
It will hint at how many US Dollars are needed to buy a Euro.
The currency pair is one of the most popular and widely traded currency pairs.
The best time to trade EUR/USD is when the New York and London Forex Sessions are open for high volatility traders.
Low volatility traders can trade the currency pair any time the sessions are closed.
EUR/USD is among the best currency pairs to trade in Olymp Trade for its high FTT yield of up to 92%.
Given that it represents currencies of major world economies, it will attract a lot of market movers who drive liquidity availing so many trading opportunities.
USD/JPY is the Forex window that tracks the value of the US Dollar against that of the Japanese Yen.
It specifies how many Japanese Yen are needed to buy a US Dollar and is among major world currency pairs traded widely.
When is the best time to trade USD/JPY?
Trade USD/JPY when the London and New York Forex sessions are open for high volatility traders.
Low volatility traders can exploit the currency pair moves after the two Forex sessions close.
USD/JPY currency pair yields up to 90% returns on Olymp Trade FTTs.
That and the fact that the currency it carries is from major world economies makes it one of the best currency pairs to trade internationally.
USD/CHF is the Forex ticker for the performance of the US Dollar against the Swiss Franc, showing how many Swiss Franc is needed to buy a US Dollar.
The currency pair is actually the 5th most traded pair in the Forex market.
USD/CHF is best traded when the London and New York sessions are open, for high volatility traders.
Traders who prefer average volatility can trade USD/CHF when the two sessions are closed.
What makes USD/CHF one of the best currencies to trade in Olymp Trade is the high FTT yield of up to 90%.
Furthermore, it is a widely traded pair thus liquidity and volatility driven by the many traders offer many opportunities to trade.
You can already guess that USD/CAD is the Forex ticker which shows the value of the US Dollar against that of the Canadian Dollar.
If you want to know how many Canadian Dollars you need to buy a US Dollar, then this is the pair to trace.
Ask me the best time to trade the USD/CAD pair and I will say that it depends on you.
If you prefer high volatility, trade the pair when the London and New York Forex sessions are open.
Low volatility traders can trade the pair any other time except when the two sessions are open.
Olymp Trade offers a high FTT return of up to 90% on USD/CAD.
GBP/JPY is a representation of the exchange value between the Great British Pound and the Japanese Yen.
By tracking this currency pair, you will know how many Japanese Yen you need to buy a Great British Pound at any given time.
High volatility traders can best trade GBP/JPY when the London and New York Forex sessions are open and overlap.
Low volatility traders can wait and trade when the two sessions close and still emerge profitable depending on their strategy.
Usually, GBP/JPY is highly ranked on Olymp Trade, yielding up to 90% returns.
The pair also represents currencies of major world economies attracting the interest of many traders. These drive liquidity and volatility availing many trading set-ups.
The Forex ticker for the Euro against the Great British Pound exchange values is called EUR/GBP.
The pair shows how many Great British Pounds you need to buy a Euro at any instance.
When’s the best time to trade EUR/GBP?
It majorly depends on what kind of a trader you are.
The time when the London and the New York Forex sessions are open serves high volatility traders the best time to trade the pair. Low volatility traders can trade the pair any other time when the sessions close.
EUR/GBP is among the high FTT yield currency pairs in Olymp Trade, having up to 90% returns.
A huge interest in the currency pair from many traders also renders it one of the best pairs to trade globally.
The only currency pairs which gives you a feel of how the Euro performs against the Japanese Yen is EUR/JPY.
If you want to buy Euros using Japanese Yen and don’t know how many Japanese Yen you need to buy a Euro, see EUR/JPY.
Do you like trading rapidly moving markets?
Trade the EUR/JPY when the London and New York Forex sessions are open.
If high volatility is not your thing, you can wait for the two sessions to close then trade the pair.
Olymp Trade will offer you FTT returns of up to 90% on EUR/JPY. The pair is also among the world’s most traded currency pairs and you can guess where this leaves the pair – among the best.
For specific details on how the New Zealand Dollar is performing against the US Dollar, there is no other currency pair to look for.
NZD/USD gives you the specific number of US Dollars you need to buy a New Zealand Dollar at any given time.
Traders eying high volatility markets can best trade NZD/USD when the Tokyo, London and New York Forex sessions are open. Those who trade low volatility can trade any other time apart from that.
Usually, you will find NZD/USD among the currency pairs assigned up to 90% returns.
The currency pair has also drawn the attention of so many Forex traders making it one of the best and widely traded currency pairs.
The Forex ticker which gives the details of the exchange value of the Australian Dollar against that of the US Dollar is AUD/USD.
The only currency pair to consult for the exact number of US Dollars you need to purchase an Australian Dollar is AUD/USD.
If you prefer trading rapidly fluctuating markets, then trade AUD/USD when the Tokyo, Sydney and New York Forex sessions are open.
If high volatility is not dear to you, then any other time apart from this is best suited for you.
Search for Olymp Trades ‘up to 90% FTT returns currency pairs’ and AUD/USD will be there.
A lot of interest in the currency has seen it scale the ladder to among the topmost traded currency pairs in the world.
On the Olymp Trade platform, AUD/JPY represents how the exchange value of the Australian Dollar changes against the Japanese Yen.
It will tell you, at any moment, how many Japanese Yen you will need to buy an Australian Dollar.
The best time to trade the pair for high volatility traders is during the span of Tokyo, Sydney, and New York Forex sessions.
For low volatility traders, wait till such sessions close and trade.
AUD/USD is of course among the ‘up to 90% FTT yield currency pairs’ in Olymp Trade. That, coupled with being among the widely traded currency pairs, makes AUD/JPY one of the best pairs.
Now that you know the best currency pairs to trade for maximum profits in Olymp Trade. Trade them at the specified conditions and double your Olymp Trade account quickly.
To trade any of the currencies:
- Log in to your Olymp Trade Account.
- Click on the Assets button.
- Choose between Forex and Fixed Time.
- Choose Currencies.
- Select any currency you wish to trade.