EURUSD Volatility Analysis 21-25 Nov 2022
We can see that currently the implied volatility for this week is around 1.68%, down from 1.76% last week according to EVZ data
(EURO Currency Volatility Index )
With this in mind, currently from ATR point of view we are located in the 24th percentile, while according to EVZ, we are on 1th percentile.
Based on this, we can expect that the current weekly candles ( from open to close ) are going to between:
Bullish: 1.23% movement
Bearish: 0.957% movement
At the same time, with this data, we can make a top/bot channel which is going to contain inside the movement of this asset,
meaning that there is a 30% that our close of the weekly candle of this asset is going to be either above/below the next channel:
TOP: 1.051
BOT: 1.014
Taking into consideration the previous weekly high/low, currently for this candle there is :
70% probability we are going to touch previous low of 1.025 ( already hit)
30% probability we are going to touch previous high of 1.049
Lastly, from the technical analysis point of view, currently 0% of the weekly moving averages are in a bearish trend, and
a combination of moving averages and oscillators are in 4% bearish stance
We can see that currently the implied volatility for this week is around 1.68%, down from 1.76% last week according to EVZ data
(EURO Currency Volatility Index )
With this in mind, currently from ATR point of view we are located in the 24th percentile, while according to EVZ, we are on 1th percentile.
Based on this, we can expect that the current weekly candles ( from open to close ) are going to between:
Bullish: 1.23% movement
Bearish: 0.957% movement
At the same time, with this data, we can make a top/bot channel which is going to contain inside the movement of this asset,
meaning that there is a 30% that our close of the weekly candle of this asset is going to be either above/below the next channel:
TOP: 1.051
BOT: 1.014
Taking into consideration the previous weekly high/low, currently for this candle there is :
70% probability we are going to touch previous low of 1.025 ( already hit)
30% probability we are going to touch previous high of 1.049
Lastly, from the technical analysis point of view, currently 0% of the weekly moving averages are in a bearish trend, and
a combination of moving averages and oscillators are in 4% bearish stance
🔻Website: hercules.money/
🔻Blog: hercules.money/blog/
🔻Telegram : t.me/hercules_trading
🔻Trader Psychology Profile – thelumenism.com/
🔻Blog: hercules.money/blog/
🔻Telegram : t.me/hercules_trading
🔻Trader Psychology Profile – thelumenism.com/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🔻Website: hercules.money/
🔻Blog: hercules.money/blog/
🔻Telegram : t.me/hercules_trading
🔻Trader Psychology Profile – thelumenism.com/
🔻Blog: hercules.money/blog/
🔻Telegram : t.me/hercules_trading
🔻Trader Psychology Profile – thelumenism.com/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.