Posted by Marge Maresca on Mon, May 11, 2015 @ 07:00 AM
May 11, 2015 – European ranges for Major currency pairs provided by WorldWideMarkets. The London session, which is the largest trading center where approximately 40% of the daily FX volume is transacted, is arguably the most liquid and efficient trading period of the day. Consequently, the ranges that are defined during this session are quite relevant when the second largest trading session, New York, begins.
European Ranges – FX ranges since the European session began.
| EUR/USD | USD/JPY | GBP/USD | EUR/GBP | EUR/JPY | AUD/USD | NZD/USD | USD/CHF | EUR/CHF | |
| HIGH | 1.1196 | 120.03 | 1.5500 | 0.7255 | 134.23 | 0.7912 | 0.7405 | 0.9345 | 1.0434 |
| LOW | 1.1133 | 119.80 | 1.5392 | 0.7200 | 133.60 | 0.7886 | 0.7370 | 0.9295 | 1.0387 |
| RANGE | +0.0063 | -0.23 | +0.0108 | -0.0055 | +0.63 | +0.0026 | -0.0035 | -0.0050 | -0.0047 |
Chart – The Bank of England left rates unchanged
Save time by using the PremiereTrade Software. Green you Buy, Red you sell. Here is the GBP/USD in the Green.
Images: WorldWideMarkets/PremiereTrade