Currency Pairs

In forex trading buying and selling process is happening. Buying and Selling done simultaneously.Buying one currency and selling another currency is happening here, This trading is done through a dealer or a broker.This trading is done as currency pairs as mentioned above.

For example Euro and US Doller

When considering currency pair each currency takes its own side of the rope.
Exchange rates depends on which currency is stronger at the moment.

Major Currency Pairs

In these pairs one side is USD and other side major trading currencies with USD

EUR/USD
USD/JPY
GBP/USD
USD/CHF
USD/CAD
AUD/USD
NZD/USD

Minor Currency Pairs

Pairs that doesn't consists USD

Euro Crosses

EUR/CHF
EUR/GBP
EUR/CAD
EUR/AUD
EUR/NZD

Yen Crosses

EUR/JPY
GBP/JPY
CHF/JPY
CAD/JPY

Pound Crosses

GBP/CHF
GBP/AUD
GBP/CAD

Other Crosses

AUD/CHF
AUD/CAD
AUD/NZD
CAD/CHF