Comparing The Majors

Common statistical measures, such as the average and median price moves in different conditions, offer basic outlines of a market’s tendencies, while frequency distribution analysis gives traders even more insight into a market’s likely behavior in different circumstances.

For example, if you know a currency pair has in the recent past traded below the previous close between 0.004 and 0.0014 and closed higher that day 70 percent of the time, you have a solid guideline upon which to base trading decisions.

Here, we present a summary of the data from these articles for easy comparison of the different pairs. The analysis will be divided into two sections because three of the majors trade with the U.S. dollar as the base currency and four do not.