Notes

Chart

Bearish bias in EURUSD

EURUSD

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

The EURUSD session reached a close of 1.117580. Throughout the recent 48-hour period, the price action showed a change of 0.42 percent. This movement establishes the current trend baseline.

The scanner identified 259 historical periods with similar traits. A bearish bias emerged as 170 instances ended lower. This represents 66 percent of matches, indicating a frequent downward trend.

Bullish instances showed an average gain of 0.28 percent. The average loss for bearish periods was -0.33 percent. For all matches, the average change was -0.12 percent.

A sample size of 259 periods provides a significant historical dataset. This volume helps in understanding the average move by documenting how the bias functioned across various past market cycles.

The numbers

Symbol Last 48h move Setups Bullish Bearish Avg. next 20h
EURUSD 1.11758 0.42 % 259 89 170 -0.12 %

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