Understanding Currency Pairs in Forex Trading
About this video
Check out this video I made with revid.ai
Try the AI TikTok Video Generator
Create your own version in minutes
Video Transcript
Full text from the video
LESSON 2 – Understanding Currency Pairs “EUR/USD, GBP/JPY, USD/ZAR… these codes
look confusing, but in 5 minutes you’ll read them like a pro.” “Every forex trade
has TWO currencies = a PAIR. Left currency = BASE (what you’re buying or selling)
Right currency = QUOTE (what you’re paying or receiving) Example: EUR/USD = 1.09 →
To buy 1 Euro costs you 1.09 US dollars. If the price goes to 1.12 → Euro got stronger → you made
profit if you bought.” 1. Majors (7 pairs) – always include USD → EUR/USD,
GBP/USD, USD/JPY, etc. → 80% of all trading 2.
Minors (no USD) → EUR/GBP, AUD/NZD 3. Exotics → USD/UGX,
240,909+ Short Videos
Created By Over 14,258+ Creators
Whether you're sharing personal experiences, teaching moments, or entertainment - we help you tell stories that go viral.