- Most Volatile Currency Pair in 2021 is GBP/NZD
- Least Most Volatile Currency pair in 2021 is CAD/CHF
In the chart below, we display the least to most Volatile Forex Currency Pairs for 2021.
gbpnzd always huge volatile one!!! but spreads too much & goes cray............. hehe
Yes, but why? Can someone explain the fundamentals behind that to me?moey_dw wrote: Wed Mar 03, 2021 7:28 pm
gbpnzd always huge volatile one!!! but spreads too much & goes cray............. hehe![]()
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agree............ gbpnzd is so volitile and i have been wipe out by this pair many time when i was start trading years ago lol cos inexperience & trading small timeframe destroy ur account i blow like $10k usd at least............... dohwojtek wrote: Thu Mar 04, 2021 9:33 am It depends mainly on volatility of GBPUSD and NZDUSD,
as the trading volume of GBPNZD itself is only 0.64% of all 28 currency pairs
(majors and crosses of 8 currencies).
In short, GBPNZD is highly volatile due to low liquidity.mlawson71 wrote: Thu Mar 04, 2021 4:06 am
Yes, but why? Can someone explain the fundamentals behind that to me?![]()
Jimmy wrote: Thu Mar 04, 2021 3:52 pm In short, GBPNZD is highly volatile due to low liquidity.
These highly volatile "cross" pairs should never be traded by inexperienced traders. At times you will see 300-500 pip moves in a day with GBPNZD with sudden bursts of 50 to 100pip moves that almost appear out of nowhere so it's safe to say, you can't trade these pairs on the lower timeframes with simple technical analysis.
If you want to trade volatile cross pairs, the Daily chart and smaller position sizes is where you will win and preserve your capital.
Remember:
- Low liquidity = More Volatility
- High liquidity = Less Volatility
Hope this helps!