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    Forex: European Ranges and Upcoming Economic Data

     

    May 18, 2015 - European ranges for Major currency pairs provided by WorldWideMarkets as well as relevant upcoming economic data and events. 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.

     


    EUYN518

     

     

     

    • Upcoming Economic Data - (Source:Bloomberg)Mon18thdata

     

     

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