Daily Range Tracker
Track high/low ranges and volatility for major currency pairs.
๐ Daily Range Analysis
| Pair | Today | ADR | High | Low | Change |
|---|---|---|---|---|---|
| GBP/AUD | 146 pips | 138 pips | 2.01890 | 2.00427 | โ -0.57% |
| GBP/JPY | 72 pips | 120 pips | 210.910 | 210.193 | โ +1.40% |
| EUR/JPY | 80 pips | 108 pips | 183.966 | 183.168 | โ +0.75% |
| USD/JPY | 53 pips | 96 pips | 156.129 | 155.600 | โ +0.39% |
| EUR/AUD | 84 pips | 90 pips | 1.75830 | 1.74991 | โ -1.21% |
| AUD/JPY | 81 pips | 82 pips | 104.676 | 103.868 | โ +1.98% |
| GBP/USD | 35 pips | 58 pips | 1.35280 | 1.34934 | โ +1.00% |
| USD/CAD | 52 pips | 52 pips | 1.37010 | 1.36493 | โ -0.81% |
| NZD/USD | 26 pips | 39 pips | 0.58480 | 0.58218 | โ +1.12% |
| AUD/USD | 41 pips | 38 pips | 0.67110 | 0.66698 | โ +1.58% |
| USD/CHF | 35 pips | 37 pips | 0.78831 | 0.78478 | โ -0.89% |
| EUR/USD | 14 pips | 36 pips | 1.17870 | 1.17730 | โ +0.36% |
| EUR/GBP | 38 pips | 35 pips | 0.87280 | 0.86901 | โ -0.64% |
| EUR/CHF | 60 pips | 33 pips | 0.93120 | 0.92522 | โ -0.54% |
๐ Range Comparison
Understanding Daily Range
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.
ADR (Average Daily Range)
The average of daily ranges over a period. Helps identify normal volatility and set realistic trading targets.
Trading Applications
Use ADR for stop loss placement, profit targets, and identifying when a pair has "exhausted" its typical daily move.
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.