The most Popular Currency Pairs Dominated by BinaryAlphaTrader

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(1888PressRelease) August 07, 2016 - In studies of social animals, the highest ranking individual is sometimes designated as the alpha. Males, females, or both, can be alphas, depending on the species. Where one male and one female fulfill this role together, they are sometimes referred to as the alpha pair.

This is why we called our software the Binary Alpha Trader! Because the mixture of formulas it is based on, will turn you, its users into the leaders, the highest ranking in the group!

Currency Traders have the benefit of highly leveraged trading with lower margin requirements im comparison to equity markets. But before you jump in head first to the high-paced world of forex trading, you will want to know the currency pairs that are the most popular amongst our traders.

The most tradable currency pairs in forex you can find and trade with BinaryAlphaTrader include The EUR/USD, USD/JPY and AUD/USD.

The EUR/USD currency pair tends to have a negative correlation with USD/CHF and a positive correlation with the GBP/USD. This is due to the positive correlation of the euro, the GBP and the Swiss franc.

The USD/JPY currency pair has been sensitive to political sentiment between the United States and the Far East. The pair tends to be positively correlated to the USD/CHF and USD/CAD currency pairs due to the U.S. dollar being the base currency in all three pairs.

The AUD/USD currency pair tends to have a negative correlation with the USD/CAD, USD/CHF and USD/JPY pairs due to the USD being the quote currency. As well, the correlation with the USD/CAD is also due to the fact that both the CAD and AUD share a positive correlation with each another as both currencies are commodity block currencies.

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