The following chart shows the average daily movement of currency pairs in terms of pips, dollars (based on $100,000 contract), and percentage. These are based on the last two weeks, and are sorted via percentage.
As an example, EURZAR has averaged 2.5% in daily movement over the last two weeks.
In a volatile environment, the chart (update it regularly) can help to focus on the pairs that are moving the most. Typically, the pairs that are moving the most will be a combination of a strong currency and a weak currency.
My most active pair in this list over the last two weeks has been the CADJPY. It has been providing continual opportunities. I like to trade consolidation breakouts on the daily, 4-hour, and hourly charts. The following is a 4-hour chart.
The USDMXN, at the top of the list, has had some incredible volatility, and many breakouts from tight consolidations to create high reward-to-risk trades.
I am always monitoring volatility, whether it daying trading the EURUSD or assessing swing trade potential. It can be helpful to know how much something is moving, and what is moving the most/least, depending on your strategy. I use the volatility tool (and correlation tool) on Mataf.
By Cory Mitchell, CMT. Join me in my free Facebook swing trading group.
Disclaimer: Nothing in this article is personal investment advice, or advice to buy or sell anything. Trading is risky and can result in substantial losses, even more than deposited if using leverage.
https://www.thestreet.com/forex/forex-trade-ideas/forex-pairs-with-the-biggest-movement-the-past-two-weeks
2020-03-10 09:30:03Z
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