Trading Ranges of Forex crosses over the last 10 months

December 19th, 2007 expert Posted in FOREX TRADING STRATEGIES and CONCEPTS |

Online forex trading topics:- price ranges, comparitive volatility.

Below are charts showing the range in which various currencies traded over the last 10 months. Clearly the GBPJPY has made some big moves ranging almost 5000 pips. It is not unusual for this currency to move 200 to 300 pips a day so it has high volatility.

On the other hand the EURGBP has only ranged 500 pips over this period which means that this currency pair is not good to trade if you are looking for big runs. volatile2.GIF

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