Best Forex Currency Pairs to Track at Night

Do you like to trade forex currency pairs at night?

If so, which ones are the best to track? In this blog post, we’ll give you a list of the best forex currency pairs to track at night, as well as some tips on how to make money trading them.

So if you’re ready to start making some money in the foreign exchange market, keep reading!

Best Forex Currency Pairs to Track at Night 1 by Alphaex Capital

Rundown: Top 8 Currency Pairs to Track at Night

Now for the moment that you’ve been waiting for! Here are the top 8 currency pairs to track at night and why they are a top choice!

1. EUR/USD

This is the most popular currency pair to trade at night and for good reason! The EUR/USD is known for being very volatile, which means that there are plenty of opportunities to make money. Furthermore, this currency pair is also very liquid, which means that it’s easy to get in and out of trades.

2. GBP/USD

The GBP/USD is another popular choice for those who trade at night. This currency pair is also very volatile, making it a good choice for those looking to make some quick profits. However, it’s important to note that this currency pair can also be quite risky, so be sure to use proper risk management when trading it.

3. USD/JPY

The USD/JPY is a great choice for night traders mostly due to volatility at nighttime hours. Most forex currency pairs that are profitable need to have a level of volatility. Additionally, this currency pair is also very liquid, making it easy to get in and out of trades.

4. USD/CHF

The USD/CHF is a good choice for night traders as it is one of the most predictable currency pairs. This currency pair has a tendency to move in very tight ranges, which can be exploited by those who know how to trade it. The ability to predict the movement makes it suitable for night trading as well as daytime trading.

5. AUD/USD

The AUD/USD is another good choice for those who trade at night. This currency pair is known for being very volatile, which means that there are plenty of opportunities to make money. Though it is volatile, it operates within a pretty normalized range, which helps to also reduce risk.

6. NZD/USD

The NZD/USD is a good choice for night traders as it is one of the most predictable currency pairs. This currency pair has a tendency to move in very tight ranges, which can be exploited by those who know how to trade it. Traders can take shelter in this pair when they need some quick wins, which makes it perfect for getting in the zone at night!

7. USD/CAD

The USD/CAD is a good choice for night traders as it is known to move around a bit more at night due to lower volume. This means that there are more opportunities to make money, but it also means that it can be tougher to enter and exit trades when you want to.

8. EUR/JPY

EUR/JPY is notorious for night trading as the pair comes alive in the late hours. US traders can enjoy this pair as its busy times are typical during nighttime in the US. With less competition from the US markets, there is more profit to be had.

5 Reasons to Trade Currency Pairs at Night

Reasons to Trade Currency Pairs at Night by Alphaex Capital

Are you wondering if night forex trading is right for you? If so, read these 5 reasons to start trading currency pairs at night.

1. You can take advantage of volatile markets.

As we mentioned earlier, many currency pairs are more volatile at night, which means that there are more opportunities to make money. If you’re a trader who likes to take advantage of market volatility, then trading at night is definitely for you.

2. You can trade with less competition.

Since most Forex traders are based in North America, trading during the night means that you’ll have less competition. This gives you a better chance of making profits as there will be fewer traders to take the other side of your trade.

3. You can use different strategies.

Since there is less competition and more volatility at night, you can use different strategies that you wouldn’t be able to use during the day. This gives you an advantage as a trader as you’ll be able to find opportunities that other traders aren’t aware of.

4. You can take advantage of global events.

Since the Forex market is a global marketplace, you can take advantage of events that happen around the world. For example, if there is a political event in Europe, you can trade the EUR/USD currency pair accordingly.

5. You can get better spreads.

Since there is less competition at night, you can often get better spreads from your broker. This means that you’ll save money on every trade that you make, which can add up over time.

Best Platform for Trading at Night

So, now that you know the benefits of night forex trading, you’re probably wondering what the best platform is for trading at night. The answer to this question depends on your needs as a trader. If you’re looking for a platform with low costs and great customer service, we recommend using eToro.

eToro is a social trading platform that allows you to copy the trades of other successful traders. This is a great way to get started in forex trading as you can learn from the best traders and take advantage of their knowledge. Additionally, eToro has some of the lowest costs in the industry, which is perfect for those who are looking to save money on every trade.

Let’s Recap

In this article, we’ve discussed the benefits of night forex trading and some of the best currency pairs to trade at night. We’ve also given you a few tips on how to find the best platform for trading at night. If you’re looking for a social trading platform with low costs, we recommend using eToro.

Now that you know the benefits of night forex trading, we hope that you’ll consider giving it a try. Who knows, you may find that it’s the perfect time for you to trade. Thank you for reading!

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