Notes

Chart

Bullish bias in EURUSD

EURUSD

EURUSD hourly trend. The gold line is where similar trends closed next.

The EURUSD ended the most recent session at a close of 1.115790. This level follows a period where price dropped by 0.45 percent over 48 bars, highlighting a recent bearish trend.

Historical data identified 276 instances where the market displayed a similar change. In these past sessions, 172 cases finished higher, representing a 62 percent share that moved toward the bullish side.

Among the instances that finished higher, the average gain was 0.28 percent. For those that closed lower, the average loss was -0.22 percent. Combining all results in an average move of 0.09 percent.

A sample of 276 matches provides a broad historical record. This volume of data points suggests the resulting average is based on a significant number of similar historical periods.

The numbers

Symbol Last 48h move Setups Bullish Bearish Avg. next 20h
EURUSD 1.11579 -0.45 % 276 172 104 0.09 %

This is not financial advice. It is an indicator based on statistics from historical data.