A practical guide to FX markets explains how currencies are traded, who the main participants are, the instruments available (spot, forwards, swaps, options), and how traders combine fundamental and technical analysis with disciplined risk management to implement strategies across timeframes.
A practical 2021 guide to the FX markets emphasizes that success does not require predicting every move, but rather: A practical guide to FX markets explains how
The "Majors" are the most heavily traded pairs, offering the highest liquidity and lowest spreads. These include: who the main participants are