In the transaction of non-European currencies, many investors will choose the dollar against the yen, which is largely related to the easy availability of various information about the yen. However, the author thinks that when the USD/JPY is below 120, the operational value is small, because the Japanese government frequently intervenes in the foreign exchange market. Because I don't know the scale of intervention, it is not easy to place a stop loss order. Therefore, if investors have other choices, they don't have to make yen. The representatives of European currencies are USD against Swiss franc, EUR against USD, GBP against USD. Because this currency is relatively easy to operate, as long as you work hard, you have more profit opportunities than other currencies.

The dollar against the Swiss franc is one of the most common currencies. In other words, compared with other currencies, the existing technical analysis methods such as K-line theory and morphological theory are very effective for analyzing the trend of Swiss franc. However, the point value of the US dollar against the Swiss franc is relatively small, with relatively large fluctuations and a larger stop loss point. Therefore, the author suggests that in the case of profitability and strong psychological endurance, we can consider participating in the transaction of USD/CHF.

The trend of the euro is also more regular, with less intervention, and it is easier to judge by using technical analysis methods. At the same time, you can also refer to the trend of the US dollar and the Swiss franc. With more references, the error rate will be smaller. The value of the euro point is large, and the fluctuation is small compared with the Swiss franc, so it is easy to set the stop loss point.

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GBP/USD is similar to Euro in general trend, but it is more difficult to set a stop loss because of the small currency circulation and relatively large fluctuation. But once the direction is correct, the profit will be considerable compared with other currencies. Investors should accumulate some experience before starting to trade the pound against the dollar.