Despite our recent run on the Eur/Usd, I have been tracking the average range of the euro on a 4 hour period. I have noticed that the volatility/range has been steadily reducing since last year, exception to the rule was a spike around June 1 of this year. This range (the difference between the high and low) is averaged over 100 periods backwards from the date of the calculation.
You can see what I mean on the attached chart I made in Excel.
My question is, how do you interpret this reduced volatility and what do you feel its impact on the market is?
GirlFlyer
You can see what I mean on the attached chart I made in Excel.
My question is, how do you interpret this reduced volatility and what do you feel its impact on the market is?
GirlFlyer
Attached Image