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Majors are the most liquid and most widely traded currency pairs in the forex market. Major currencies include: EUR/USD, USD/JPY, GBP/USD, USD/CHF, USD/CAD, AUD/USD and NZD/USD.
This group usually refers to currencies of countries known for their natural resources such as oil, gold and other minerals. Some of the major commodity currencies are the Australian dollar, Canadian dollar, and New Zealand dollar.
Currency crosses are pairs where the US dollar is not the counter-currency. Some of the most popular and highly traded cross pairs include: EUR/GBP, EUR/JPY, EUR/CHF and GBP/JPY.