Posted by Marge Maresca on Thu, May 14, 2015 @ 07:00 AM
May 14, 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 | 1.1435 | 119.30 | 1.5810 | 0.7243 | 136.30 | 0.8140 | 0.7563 | 0.9160 | 1.0430 |
| LOW | 1.1360 | 118.88 | 1.5740 | 0.7212 | 135.30 | 0.8062 | 0.7480 | 0.9090 | 1.0390 |
| RANGE | +0.0075 | +0.42 | +0.0070 | +0.0031 | +1.00 | -0.0078 | -0.0083 | -0.0070 | -0.0040 |
Chart – (Source: WorldWideMarkets MT4/PremiereTrade) 3% drop in Iron Ore Futures put pressure on AUD/USD
The PremiereTrade Wizard’s decisive colors are great for analyzing any currency pair.
