Bullish bias in EURUSD

EURUSD

The EURUSD pair concluded the latest session at a close of 1.121870. This specific 48-hour period witnessed a change of -0.14 percent as the market developed its current trend.

Historical scanning identifies 15 matches exhibiting similar characteristics within this timeframe. Among these occurrences, 87 percent reached a higher level, suggesting a consistent bullish bias across past sessions.

Looking at movements, the average gain for positive outcomes stood at 0.21 percent, while the average loss during bearish turns was -0.24 percent. The average move across all instances settled at 0.15 percent.

This sample provides a specific look at how the asset behaves following this market setup. While the group size is small, the high frequency of bullish finishes gives context to the average move during this period.

The numbers

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