Apr, 26, 2002 By Vikram Murarka 0 comments
It is important to know the characteristics of any market that we trade. This helps us approach the market with more awareness and reduces the element of surprise. It also helps us formulate our trading strategies.
In the following pages we try to answer the question, "How much do currencies move over various time frames". We have examined price data for EUR-USD, USD-JPY and USD-CHF for the last 3 years to see what is the Amplitude (difference between the High and Low) for these currencies over 1, 3 and 5 day time frames.
We believe that this might be helpful in 1) enabling us to choose a suitable Time Frame for our trading activity and 2) forming an idea of how much profit/ loss might be reasonably expected in our chosen time frames.
Put into other words, this is also an examination of the Volatility of the subject currencies in various time frames.
Please click on
EUR-USD
USD-JPY
USD-CHF
EURUSD Amplitude
USDJPY Amplitude
USDCHF Amplitude
In our last report (26-Jan-24, US10Yr @ 4.14%), we had suggested that the rise in Yields since 2020 could be like the one seen in 1967-1972, with more upside possible in the long term going into 2025. Since then, Yields have actually moved up further in line with the near term expectations …. Read More
Low volatility is witnessed across commodities like Copper, Aluminium, Coal and Natural Gas which continue to trade within narrow ranges for the past few months and show no sign of breakout or directional clarity for the future. Crude has also been stuck in a range. But how long can it remain ranged? Thereafter which way can it breakout? … Read More
Euro has moved up from 1.0695 to 1.10 during the current Jan-Mar’24 quarter. With crucial resistance at 1.10, will Euro manage to rise past 1.10 and move higher? Or will it fall back into the 1.0695-1.10 range? ……. Read More
Our March ’24 Monthly Dollar-Rupee Forecast is now available. To order a PAID copy, please click here and take a trial of our service.
Our March ’24 Monthly Dollar-Rupee Forecast is now available. To order a PAID copy, please click here and take a trial of our service.