EURUSD ANALYSIS -TRADERS' GUIDE
EURUSD is the most traded currency pair in the world, accounting for 28.4% of the Foreign Exchange market volume in 2016. Historically, the EURUSD exchange rate moves in a general range between 0.80 and 1.60. EURUSD is positively correlated to GBPUSD and AUDUSD, and negatively correlated to USDCHF.
• Sessions Overlaps and Highest EURUSD Trading Activity:
EUR/USD (as GBP/USD) is more active and liquid between 8:00 am and 12:00 EST (noon) when both the US and the European Markets are open.
◙ EURUSD PERIODIC MOMENTUM
These are the average monthly returns of EURUSD throughout the period 2000-2018.