EURUSD Weekly Volatility Analysis 12-16 Dec 2022
EURUSD Weekly Volatility Analysis 12-16 Dec 2022
We can see that currently the implied volatility for this week is around 1.48%, DOWN from 1.53% from last week
according to EVZ data
With this in mind, currently from ATR point of view we are located in the 1ST 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: 1.121% movement
Bearish: 0.966% 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: 1.069
BOT: 1.037
Taking into consideration the previous weekly high/low, currently for this candle there is :
71% probability we are going to touch previous high 1.059
30% probability we are going to touch previous low 1.044
Lastly, from the technical analysis point of view, currently from
Weekly timeframe indicates 26% BULLISH trend from the moving averages index
Daily timeframe indicates 93% BULLISH trend from the moving averages index
4H timeframe indicates 80% BULLISH trend from the moving averages index
We can see that currently the implied volatility for this week is around 1.48%, DOWN from 1.53% from last week
according to EVZ data
With this in mind, currently from ATR point of view we are located in the 1ST 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: 1.121% movement
Bearish: 0.966% 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: 1.069
BOT: 1.037
Taking into consideration the previous weekly high/low, currently for this candle there is :
71% probability we are going to touch previous high 1.059
30% probability we are going to touch previous low 1.044
Lastly, from the technical analysis point of view, currently from
Weekly timeframe indicates 26% BULLISH trend from the moving averages index
Daily timeframe indicates 93% BULLISH trend from the moving averages index
4H timeframe indicates 80% BULLISH trend from the moving averages index
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