Notes

Chart

Bullish bias in EURUSD

EURUSD

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

EURUSD last printed 1.11553 on the hourly chart. The trend is the latest 48 closes, through the current bar. Over that period price moved -0.51 %.

History turned up 339 similar trends that did not overlap. 210 closed bullish 20 hours later and 127 closed bearish. 62 % closed higher, a bullish bias strong enough for a note.

The average advance on the bullish closes was 0.31 %. The average decline on the bearish closes was -0.21 %. Across the whole set, the average move 20 hours later was 0.11 %.

339 prior trends is a broad history. The bias describes where price already closed. It does not set the next bar.

The numbers

Symbol Last 48h move Setups Bullish Bearish Avg. next 20h
EURUSD 1.11553 -0.51 % 339 210 127 0.11 %

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