Definition of Trading Pairs for #交易对
Trading pairs typically refer to the combination of two assets or currencies for trading. In the forex market, a trading pair usually consists of one currency against another (e.g., EUR/USD, USD/JPY). In the cryptocurrency market, a trading pair refers to the trading between two cryptocurrencies (e.g., BTC/ETH).
Selection of Trading Pairs
• Forex Market: The selection of trading pairs is usually based on economic fundamentals, interest rate differences, political factors, etc. Common trading pairs include the US dollar against the euro (USD/EUR), US dollar against the Japanese yen (USD/JPY), etc.
• Cryptocurrency Market: The selection of trading pairs is usually based on technical analysis, market sentiment, and project fundamentals. Popular trading pairs include Bitcoin against Ethereum (BTC/ETH), Bitcoin against Litecoin (BTC/LTC), etc.