I have a question for experienced traders.
In your experience, which currency pair is most volatile in terms of intra day movement? Say 100 pips down and 100 pips up from the opening quote?
Cheers
L
I have a question for experienced traders.
In your experience, which currency pair is most volatile in terms of intra day movement? Say 100 pips down and 100 pips up from the opening quote?
Cheers
L
I’m not the most experienced, but eh, I thought it was the eur/usd with a 70-80 pip daily range.
EURUSD has the highest volumn by far and the most volatility too, I believe. Personally I never do well trading it compared to other pairs though.
Typically some of the crosses (pairs not including the USD) are the most volatile - for example the GBP/JPY, GBP/CHF - often with daily ranges of 300+ pips -
�/JPY, I’ve seen it move 100+ pips in less than an hour.
If you want to look only in pip terms then look at the high quote value pairs like GBP/USD and the GBP crosses. Of course there’s also the exotic crosses.
A good rule of thumb is the bigger the spread, the more pip volatility you’ll see.
in terms of pips and not percentage :
Lessening order :
USDZAR
USDSEK
USDNOK
EURSEK
GBPNZD
GBPAUD
EURNZD
GBPJPY
GBPUSD
GBPCHF
EURAUD
EURCAD
EURJPY
EURUSD
CADJPY
NZDJPY
AUDJPY
AUDUSD
USDCHF
AUDNZD
USDJPY
AUDCAD
CHFJPY
USDCAD
GBPCAD
EURCHF
EURGBP
NZDUSD
Ratio Daily range / spread :
EURUSD
GBPUSD
USDJPY
EURJPY
USDCHF
GBPJPY
AUDUSD
USDZAR
CHFJPY
USDCAD
GBPCHF
EURCAD
EURCHF
EURSEK
NZDJPY
EURAUD
USDSEK
CADJPY
USDNOK
AUDJPY
EURGBP
GBPNZD
GBPAUD
GBPCAD
EURNZD
AUDCAD
NZDUSD
AUDNZD
(Ratio Daily Range / spread) * pip value
EURUSD
GBPUSD
USDJPY
EURJPY
EURGBP
USDCHF
GBPJPY
AUDUSD
USDCAD
CHFJPY
EURCAD
EURCHF
GBPCHF
NZDJPY
EURAUD
CADJPY
AUDJPY
AUDNZD
GBPCAD
GBPAUD
AUDCAD
NZDUSD
GBPNZD
EURNZD
USDNOK
EURSEK
USDZAR
USDSEK