BEGINNER: FOREX FOUNDATIONS • TIER 1DYNAMICS TRACK • MT5 LINK REQUIREDLesson 3 of 30• 3 min read
Understanding Currency Pairs
Master the structure of currency pairs: Base versus Quote currency, Major pairs, Minor pairs, and Exotics.
Core Learning Objectives
- Distinguish between the Base Currency and the Quote (Counter) Currency.
- Identify the 7 Major Currency Pairs and understand why they are the most liquid.
- Understand Minor (Cross) pairs and Exotic currency pairs.
Lesson 3 Overview
<p>In the Forex market, currencies are always traded in <strong>pairs</strong>. You cannot buy a currency in isolation; you are always buying one currency while simultaneously selling another.</p>
CURRICULUM FIREWALL / SEQUENTIAL PROGRESS REQUIRED
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