Forex: European Ranges

PremiereTrade Media PT/WWM Blog

Posted by Marge Maresca on Mon, May 18, 2015 @ 07:33 AM

 

May 18, 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   1.1446  119.77   1.5730   0.7283  136.96   0.8030   0.7448   0.9218  1.0498
LOW   1.1365  119.52   1.5650   0.7255  136.03   0.7990   0.7410   0.9160  1.0460
RANGE  -0.0081   +0.25  -0.0080  +0.0028    -0.93  -0.0040  -0.0038  -0.0058  -0.0038

Chart – Technical levels and overbought conditions cause Eur/Jpy to pull back.

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