Biggest Moving Currency Pairs in Forex

Knowing how much a Forex Currency Pair can move in a particular day is a great way to make more pips. A while back I began to wonder which pairs in Forex move the most in a day. So, I researched the topic and came up with a few different things that tell you how to find the biggest movers in Forex. If you get a spread over 5 pips, for any pair, then you really want to consider if that’s worthwhile if you’re day trading, swing trading, or scalping the spread will matter. The Bank of Japan has the greatest buying and selling power of all central banks in the world and has a great interest in seeing

If i had a stop loss of 20 pips on gbp/jpy and a 8 pip spread, its too much risk on my side… that’s almost 33% increase in stop loss, in the end, I’m paying 133% in case of a loss, just because I need to raise my stops to counter the wide spread.

I’ve heard and noticed that EUR/JPY is a really nice mover and considering my spread is only 7, I consider to trade this more often live as much as I do in demo.

TopGunSoftware has a nice little tool that helps you figure out which pairs are statistically likely to move the most.  It is part of their QUOTE SHEET feature that lets you look at the strength of PAIRS or INDIVIDUAL CURRENCIES in a sheet, color coded from dark green to dark red, rather in than trying to figure it out for yourself on full charts.

Looking at this list of currencies (not too many exotics, mainly majors) we get a glimpse of how much a pair is likely to move at the moment you read the list by comparing the ATR (Average True Range) with the ATR% (Average True Range Percentage). ATR% represents how far a currency has moved in relation to how far it goes on a daily basis statistically. So, we see that GBPJPY is the most volatile pair, followed by EURJPY, AUDJPY, CADJPY, and NZDJPY. Affirming that the JPY cross pairs move the most on average than any other major pairs.