There are 6 major currencies in forex, EUR(euro), USD(dollar), JPY(Japanese yen), CAD(Canadian dollar), NZD(New Zeland dollar), GBP(British pound). These currencies are paired with one another for trading. Before starting out, do a thorough research on each pair and understand how it works.

My favorite pairs are EUR/USD and GBP/USD, they have a wide range of prices every day which translates into a lot of pips:)

Currency pairs are the foundation of the foreign exchange (Forex) market, where global currencies are traded. A currency pair consists of two currencies, representing the value of one currency in terms of the other. The first currency in the pair is the "base currency," and the second is the "quote currency." The exchange rate indicates how much of the quoted currency is needed to purchase one unit of the base currency. Major currency pairs, such as EUR/USD and USD/JPY, involve widely used currencies and dominate trading volumes. Cross-currency pairs exclude the U.S. dollar, while exotic pairs involve one major currency and one from a smaller or emerging market. Traders analyze currency pairs to speculate on market movements, leveraging economic indicators, geopolitical events, and technical analysis to make informed decisions in the dynamic world of Forex trading.