Why is EURUSD better than the other pairs?

I've read about it in investopedia.But what do you think,why it's soo good?

Good for what?

It is simply the most liquid currency pair leading to smallest spreads and a low risk of "spike" events.

I have a little strategy and did backtesting of EURUSD,GBPUSD and GBPJPY.Most accurate all of this is EURUSD.It simply do quietly than other.

I am not fond of EUR/USD at all, it's too volatile. I prefer EUR/GBP and USD/CAD.

It fits to my strategy but not any pair does.

You will know why when you get to a level ...

I think EURUSD is a safe pair in such you may not see any intervention unlike CHF pairs which can get really funny, CAD also is crazy, Yen..But I rarely seen unusual or very exhausted moves in EU pair for example

Most bouncing currency to trade with. You get opportunity to exit if trade goes wrong .

I am not touching any and all CHF pairs with a ten-foot pole, not after what happened last year.

Why do you think CAD is crazy?

it's popular because it's cheaper to trade, and it is also the most liquid pair, there is always someone at the other end to fill you instantly,
if you are trading volume this is a very important factor, EURUSD generally always have the lowest spread amongst all the different brokers, also a very important factor if you trade with huge sizes. but that doesn't say it's always the best pair to trade, even though it is cheap, fundamentally it is the most difficult pair to trade, if you look at a pair such as AUDUSD, you only need to be concerned about what happens "down under" and the US, but with EURUSD, you have to be concerned about what happens in every country in Europe and the US, and also, it is better to trade one weak currency against a strong one, so it's good to diversify, if you always sit and trade only EURUSD just because it's cheap, you are missing out on a lot of good trades in other pairs and you have to sit through all the different market conditions. agree with the former poster saying it's a more safe pair to trade, I believe that because of the very large number of traders in this pair, manipulation is more difficult.

Canadian dollar is also prone to jumpy fundamentals, oil prices, and a lot of other risks - so when you're in a trade the price can spike hundreds of pips either way. I was just trying to say EURUSD looks like the most stable major pair in FX.

I think it depends on what you want.
If you're a beginner it's usually a good idea because you see a lot of action and it's cheaper, you can exit easily and the spreads allow you to "wait a little bit longer" without hitting the stop loss.
However, once you begin comparing pairs, you may want to go for something less volatile, or a pair in which you must study less (one country instead of a dozen)

Lowest spread, good liquidity, less volatility.

Aside of the constant high liquidity, tight spreads, the most documented...it's one of the least manipulable currencies.

Its most attractive instrument for traders who use scalping EAs which work on breakouts, S/R levels, volatility etc. because of lowest transaction costs. For HFT EA's the size of spreads of and commissions can play not the least role.

It is a very good pair because it's volatile is high and have good trend , low spread and easy to analysis.

EUR/USD has a tight spread, but that's the only positive I can think of. In my experience it's pretty prone to random spikes and it spends long periods consolidating. If you're like me and you don't like trading range EUR/USD is not good for you.

EURUSD is one of my favourite pairs and is easy tradable too. It has more liquidity than other pairs so I guess it is more convenient to trade.

It's not.
It's average.
There are much cheaper = less margin pairs to trade (NZDUSD, AUDUSD, USDCAD).

And besides that i only trade pairs where i see opportunities.
Forex is much more than just EURUSD.

I knew that CAD was dependable on oil price, but I haven't seen any kind of spikes that you're mentioning. Admittedly, I've been trading USD/CAD only in the past few months. I am pleased with it so far, but I will be keeping my eyes open for the sort of thing you mentioned.