Start your trading week right and make sure you’re not being overcharged. This is the Main Spike Controller.
Euro/Dollar’s long-term average spread reaches point 36 pips, maxing out at point 7 pips within the last 4 hours.
This pair has seen limited movement, and the single biggest move was a gain of point 28% or 31 pips.
And trading has been calm as well; the daily max of point 7 pips was reached after 7:42 in the morning.
The Cable’s spreads have averaged at slightly more than one pip, and the daily max stands at 2.3 pips.
Pound/Dollar has had a bearish Monday morning, losing point 62% or 79 pips from its highest point at 1 2770.
Spreads were at their highest after 11:12 yesterday evening, but 2.3 pips is as high as they went.
And last up is the Dollar/Yen with the average and peak spreads of point 31 and point 7 pips, respectively.
The start of the week has been bearish for this pair, which has lost a total of point 51% or 56 pips.
Spreads, however, have remained low, peaking at just point 7 pips after 11:02 yesterday evening.
I’m Kiays Khalil and this was the Primary Spike Controller for Monday. Check back in for the hourly updates if you have any doubts about your trades.

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