search
Install Now

An incredible cashback rate!
40% of the spread!

Join Now

Should We Watch for Changes in Volatility During U.S. Trading Hours?

Market Report

Should We Watch for Changes in Volatility During U.S. Trading Hours?

30.05.2022

Today's Highlights
  1. U.S. markets closed for Memorial Day
  2. Canada: First-Quarter Current Account Balance

Last weekend, the U.S. dollar traded in a tight range against the yen and the euro, while the GBP/USD pair moved sideways between 1.258 and 1.266.However, looking at the hourly chart, the pair has been rebounding gradually since hitting a low on May 13. We will need to monitor the RSI level carefully to determine whether the rally will continue up to around 1.273, which is the 61.8% Fibonacci retracement level on the daily chart.

Among European currencies, the Swiss franc’s rebound has been particularly notable, with the CHF/JPY pair posting a strong bullish candle for the second consecutive week.During today’s Asian trading session, the pair has been trading around 132.77. Although the upward trend continues, the gains have been modest, keeping the RSI on the 4-hour chart below 70. With CHF/JPY having already broken above the 200-period SMA on the 4-hour chart, we need to carefully assess whether it will continue to rise from here.

Today’s schedule includes Germany’s Import Price Index and Japan’s Machine Tool Orders at 15:00 European time; Switzerland’s KOF Leading Index and South Africa’s Fiscal Balance at 16:00; Canada’s First-Quarter Current Account Balance at 21:30 U.S. time;at 24:00, remarks by U.S. Federal Reserve Governor Waller; at 26:00, remarks by German Bundesbank President Nagel; and at 7:45 the following day, New Zealand housing construction permits. Since U.S. markets are closed today for Memorial Day, investors should be mindful of volatility during U.S. trading hours.

桜井 慶介

Author: Keisuke Sakurai

He has over 10 years of experience in FX trading. In the financial sector, he has been involved in investment management focused primarily on foreign exchange markets and has experience as an asset management advisor. Drawing on his extensive experience, he specializes in technical and fundamental analysis.

Previous Article

Should We Keep a Close Eye on the Pound's Price Movements as the Uptrend Continues?

Next Article

Should We Keep an Eye on the U.S. S&P/Case-Shiller Home Price Index?
alert
Notification Settings
close

If you're using iOS

iOSをご利用の場合

If you're using iOS, tap the "Add/Save" icon at the bottom of Safari and select "Add to Home Screen." Once you've added it to your Home Screen, you can turn on "Receive Push Notifications" as shown above.

Click here for detailed instructions

If you're using an Android device or a PC

Android、PCをご利用の場合

If you're using an Android device or a PC, you can simply turn on "Receive push notifications" as shown above without installing the app. (If your browser asks for permission, please select "Allow.")

You can find instructions on how to add this to your smartphone's home screen below.

Click here for detailed instructions
USDJPY
XAUUSD
BTCUSD
USDJPY
XAUUSD
BTCUSD
Close
Click here for explanations of each notification
arrow Return to Notification Settings
close
Details of Each Notification
line Receive key metrics and announcements

You will receive notifications about key metrics and limited-time promotions. If you turn this feature off, you may not be able to participate in limited-time promotions.

line Received a round number notification

A feature that sends notifications when a price reaches a round number (rate). Receiving these notifications helps traders capitalize on trading opportunities and manage risk, which is why many traders are taking notice.

polygon USDJPY

Notifications are sent for every 100 pips (1 JPY) (e.g., 1 USD = 147 JPY, 1 USD = 148 JPY, etc.). Notifications for the same exchange rate are reset after 3 days (72 hours) have passed.

polygon XAUUSD

Notifications are sent every 500 pips (50 USD) (e.g., $3,000, $3,050, etc.). Notifications for the same rate are reset after 3 days (72 hours) have passed.

polygon BTCUSD

Notifications are sent for every 5,000 USD (e.g., 110,000 USD, 115,000 USD, etc.). Notifications for the same rate are reset after 3 days (72 hours) have passed.

line Received notification of a sudden price fluctuation (sharp rise or fall in the exchange rate)

Receive real-time notifications of price fluctuations for USD/JPY, gold, and Bitcoin. Never miss a trading opportunity, even when you're on the go, and place orders that instantly respond to market conditions.

polygon USDJPY

You will receive a notification when there is a fluctuation of 30 pips (0.3 JPY) or more within 10 minutes (sharp rise or sharp drop). After that, notifications for sudden fluctuations under the same conditions will be suspended for one hour.

polygon XAUUSD

You will receive a notification when the price fluctuates by more than 20 USD within one hour (sharp rise or sharp drop). After that, notifications for sudden price fluctuations under the same conditions will be paused for 4 hours.

polygon BTCUSD

You will receive a notification when the price fluctuates by more than 2,000 USD within an hour (sharp rise or sharp drop). After that, notifications for sudden price fluctuations under the same conditions will be suspended for 4 hours.

Return to Notification Settings