daily ranges

Discussion in 'Forex' started by stevenpaul, Oct 4, 2016.

  1. Which pairs generally exhibit the greatest daily ranges these days? Last I thought about it, it seemed to be USDMXN, GBPAUD, and GBPJPY. What are the current biggest daily movers? Thank you.
     
  2. wintergasp

    wintergasp

    Historically I believe GBPJPY has always been moving a bit more.

    I'm curious as to how that will help you ?
     
  3. Hafizmd

    Hafizmd

    I can say from ny practice it's GBPJPY, but I trade it not so often
     
  4. Gbpjpy move on consolidation time which on daily timeframe this pair move on range daily up and down on range area, still not yet clear will continue bearish or will reversal time
     
  5. Hafizmd

    Hafizmd

    Oh yes... after a significant drop of GBP on Friday, October 7, there is strong uncertainty of the market... I have identified two key levels for myself. Support level - 127.50. Resistance level - 128.75. I’m not sure where this pair will go further. I’m sitting in cash for now. If the price consolidates below 127.50, I will sell. My goal is 126.50-125.50. If it will rise up to 128.75, then I’ll purchase at 130.50
     
  6. mlawson71

    mlawson71

    If you're looking for range look no further than EUR/USD.
     
    comagnum likes this.
  7. Eurusd move on strong bearish today, if look from previous candle daily which pair having tendencies to move on bearish pattern but often on overlaping session from london to newyork occur opposite movement
     
  8. mlawson71

    mlawson71

    I know, I noticed. Talk about Murphy's Law - the pair stopped the range just when I recommended it after going at it for the past two months.