How you can Make Profits with Currency Pairs in Forex

Forex trading, additionally known as the foreign exchange market, is a worldwide monetary market for trading currencies. It's one of the largest and most liquid markets on this planet, with daily transactions exceeding $6 trillion. For anyone looking to make profits in the Forex market, understanding currency pairs and the best way to trade them is crucial. In this article, we will explore the fundamentals of currency pairs and the strategies you should use to profit from them.What Are Currency Pairs?In Forex trading, currencies are traded in pairs. A currency pair consists of currencies: a base currency and a quote…