#TradingPairs101 Understanding currency pairs is an essential step for any trader who wants to operate with awareness. A pair represents the comparison between two currencies — for example, in the USD/BRL pair, we are analyzing the value of the dollar in relation to the real. The choice of pair directly affects volatility, liquidity, and technical analysis. Major pairs like EUR/USD tend to be more liquid, while exotic pairs may offer greater opportunities but also more risk. Additionally, each pair carries specific macroeconomic factors that impact its behavior. It is essential to study the historical behavior of the pair you trade and understand the best way to apply your strategy.