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๐Ÿ“Š Market Analysis

Daily Range Tracker

Track high/low ranges and volatility for major currency pairs.

๐Ÿ”„ Refresh
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Highest ADR GBP/JPY: 170 pips
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Lowest ADR EUR/CHF: 27 pips
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Average ADR 84 pips/day

๐Ÿ“Š Daily Range Analysis

Pair Today ADR High Low Change
GBP/JPY 117 pips 170 pips 213.288 212.114 โ†“ -0.41%
GBP/AUD 127 pips 162 pips 1.88119 1.86845 โ†“ -0.24%
EUR/JPY 77 pips 134 pips 184.645 183.878 โ†“ -0.07%
USD/JPY 59 pips 124 pips 156.953 156.360 โ†“ -0.51%
AUD/JPY 76 pips 112 pips 113.555 112.798 โ†“ -0.09%
GBP/USD 48 pips 77 pips 1.35970 1.35485 โ†‘ +0.19%
EUR/AUD 57 pips 68 pips 1.62912 1.62339 โ†‘ +0.13%
USD/CAD 71 pips 66 pips 1.36908 1.36203 โ†‘ +0.58%
EUR/USD 24 pips 58 pips 1.17700 1.17457 โ†‘ +0.45%
NZD/USD 30 pips 55 pips 0.59531 0.59236 โ†‘ +0.82%
AUD/USD 26 pips 50 pips 0.72381 0.72120 โ†‘ +0.05%
USD/CHF 8 pips 39 pips 0.77800 0.77720 โ†“ -0.46%
EUR/GBP 38 pips 28 pips 0.86704 0.86323 โ†‘ +0.26%
EUR/CHF 20 pips 27 pips 0.91530 0.91329 โ†“ -0.02%

๐Ÿ“ˆ Range Comparison

GBP/JPY
170
GBP/AUD
162
EUR/JPY
134
USD/JPY
124
AUD/JPY
112
GBP/USD
77
EUR/AUD
68
USD/CAD
66
๐Ÿ’ก Learn

Understanding Daily Range

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What is Daily Range?

The difference between the day's high and low price. It measures how much a pair moves within a single trading day.

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ADR (Average Daily Range)

The average of daily ranges over a period. Helps identify normal volatility and set realistic trading targets.

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Trading Applications

Use ADR for stop loss placement, profit targets, and identifying when a pair has "exhausted" its typical daily move.

โ“ FAQ

Frequently Asked Questions

What is daily range in forex trading?

Daily range is the difference between the highest and lowest price a currency pair reaches during a trading day. It measures intraday volatility and helps traders set appropriate stop losses and take profit levels.

How do I use daily range for trading?

Use daily range to set realistic profit targets and stop losses. If EUR/USD averages 80 pips daily range, expecting 150 pips in one day is unrealistic. Our daily range tracker shows historical ranges to help you plan trades effectively.

What is Average Daily Range (ADR)?

ADR is the average of daily ranges over a period, typically 5-20 days. It smooths out daily variations to show typical volatility. Our tracker calculates 7-day ADR for each currency pair automatically.

Which currency pairs have the highest daily range?

GBP/JPY and GBP/USD typically have the highest daily ranges (100-150 pips). EUR/USD and USD/CHF tend to have moderate ranges (60-90 pips). Less volatile pairs like EUR/CHF may move only 30-50 pips daily.

How does daily range compare to ATR?

Daily range measures intraday high-low difference, while ATR (Average True Range) includes gaps between days. ATR is slightly more comprehensive for volatility measurement, but daily range is simpler and useful for intraday trading.

What time does the forex daily range reset?

The forex day typically resets at 5 PM EST (New York close). This is when brokers roll over positions and the new trading day begins. Our tracker uses this standard forex day definition.

How can I identify high volatility days?

Compare today's range to the average daily range. If today's range exceeds ADR by 50% or more, it's a high volatility day. Our tracker highlights when current range exceeds or falls below average.

Should I trade when daily range is exhausted?

When a pair has already moved its average daily range, further movement becomes less likely (though not impossible). Some traders avoid new positions when range is exhausted. Compare today's range to ADR in our tracker to assess range exhaustion.

What causes daily range to increase?

Major news events, central bank announcements, economic data releases, and market uncertainty increase daily ranges. High-impact news days often see 50-100% larger ranges than normal trading days.

How do I set stop loss using daily range?

A common approach is setting stop loss at 25-50% of ADR. If EUR/USD has 80 pip ADR, stops of 20-40 pips are reasonable. This prevents being stopped out by normal market noise while limiting risk.