Currency pairs that tend to range the most are those that do not have a clear trend in the market and experience relatively stable price movements over a period of time. Here are some currency pairs that are known to range frequently:
USD/CHF: This currency pair is often referred to as the "Swissy" and is known to have a strong tendency to range. This is because both the US dollar and the Swiss franc are considered safe-haven currencies, and investors tend to flock to them during times of uncertainty.
EUR/GBP: This currency pair is often referred to as the "Euro-Pound" and tends to range due to the strong economic ties between the Eurozone and the UK.
NZD/USD: This currency pair is often referred to as the "Kiwi" and tends to range due to the stability of the New Zealand economy and the correlation between the New Zealand dollar and commodity prices.
AUD/USD: This currency pair is often referred to as the "Aussie" and tends to range due to the correlation between the Australian dollar and commodity prices, particularly gold and copper.
It's important to note that even currency pairs that tend to range can experience sudden and unpredictable price movements, particularly during significant news events or market volatility. Traders should always practice proper risk management and use stop-loss orders to limit potential losses.