Bullish bias in EURUSD
EURUSD
The EURUSD session closed at 1.115280. Over the preceding 48-hour duration, the trend declined by -0.73%. This bearish movement defines the price action leading into the current session.
Historical data reveals 359 instances where the market displayed similar characteristics. Out of these occurrences, 221 finished higher, representing 62% of the sample. This indicates a historical bullish bias.
In these historical cases, the average bullish gain reached 0.31% and the average bearish decline was -0.26%. The overall average move for all occurrences resulted in 0.09%.
A sample of 359 matches provides a broad data set for these averages. This volume of data helps stabilize the results, describing how this market condition generally resolves over multiple periods.
The numbers
| Symbol | Last | 48h move | Setups | Bullish | Bearish | Avg. next 20h |
|---|---|---|---|---|---|---|
| EURUSD | 1.11528 | -0.73 % | 359 | 221 | 138 | 0.09 % |
This is not financial advice. It is an indicator based on statistics from historical data.