Forex: European Ranges

PremiereTrade Media PT/WWM Blog

Posted by Marge Maresca on Fri, May 15, 2015 @ 07:00 AM

 

May 15, 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   1.1420  119.92   1.5785   0.7237  136.35   0.8065   0.7475   0.9208   1.0457
LOW   1.1345  119.35   1.5714   0.7207  135.68   0.8005   0.7435   0.9114   1.0400
RANGE  -0.0075   +0.57  -0.0071  -0.0030    -0.67  -0.0060  -0.0040  +0.0094  +0.0057

Chart – Weak Swiss PPI data helped USD/CHF to rise nearly 1%

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The PremiereTrade Wizard’s decisive colors are great for analyzing any currency pair.

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Images: WorldWideMarkets/PremiereTrade