24.07.2017 – Spike Controller by Dukascopy
July 24, 2017 10:51 amVideo
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Spreads have averaged at point 36 pips during the past 24 hours, peaking at point 9 pips less than 4 hours ago.
The pair has moved South from the high of 1 1685, declining by point 47% or 55 pips.
Spreads have been mostly narrow and the peak of just point 9 pips took place today at 7:30 in the morning as German Preliminary PMI was released.
The Cable’s daily average spread is point 88 pips and maximum separation has been 1.4 pips.
Pound/Dollar has gained ground, breaking through the 1 30 level as it gained point 49% or 63 pips.
Spreads were slightly increased yesterday at 11:10 PM, but 1.4 pips is the line that shouldn’t have been crossed.
And last up is the Dollar/Yen, which has long term average and maximum spreads of point 31 and 1.3 pips respectively.
Daily high and low difference is 60 pips and it was posted as the pair declined by point 54%.
No major separations have been recorded over the past 24 hours, biggest gap has been only 1.3 pips.
I’m Kiays Khalil and this warps up the primary Dukascopy Spike Controller for Monday.
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