Market Open
๐Ÿ“Š Market Analysis

Daily Range Tracker

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

๐Ÿ”„ Refresh
๐Ÿ“ˆ
Highest ADR GBP/AUD: 193 pips
๐Ÿ“‰
Lowest ADR EUR/CHF: 37 pips
๐Ÿ“Š
Average ADR 87 pips/day

๐Ÿ“Š Daily Range Analysis

Pair Today ADR High Low Change
GBP/AUD 127 pips 193 pips 1.92710 1.91437 โ†‘ +2.18%
EUR/AUD 108 pips 117 pips 1.66752 1.65672 โ†‘ +2.35%
GBP/USD 80 pips 105 pips 1.34357 1.33560 โ†‘ +0.38%
AUD/JPY 105 pips 99 pips 111.151 110.098 โ†“ -1.60%
USD/JPY 94 pips 91 pips 159.500 158.561 โ†‘ +0.16%
GBP/JPY 61 pips 90 pips 213.213 212.600 โ†‘ +0.54%
EUR/USD 76 pips 84 pips 1.16305 1.15540 โ†‘ +0.55%
USD/CAD 92 pips 79 pips 1.38195 1.37273 โ†‘ +0.93%
AUD/USD 68 pips 78 pips 0.70035 0.69356 โ†“ -1.76%
EUR/JPY 58 pips 77 pips 184.601 184.020 โ†‘ +0.71%
NZD/USD 45 pips 66 pips 0.58431 0.57980 โ†“ -0.80%
USD/CHF 57 pips 63 pips 0.79243 0.78670 โ†‘ +0.44%
EUR/GBP 32 pips 40 pips 0.86680 0.86359 โ†‘ +0.17%
EUR/CHF 24 pips 37 pips 0.91682 0.91442 โ†‘ +0.99%

๐Ÿ“ˆ Range Comparison

GBP/AUD
193
EUR/AUD
117
GBP/USD
105
AUD/JPY
99
USD/JPY
91
GBP/JPY
90
EUR/USD
84
USD/CAD
79
๐Ÿ’ก Learn

Understanding Daily Range

๐Ÿ“

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.

๐Ÿ“Š

ADR (Average Daily Range)

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

๐ŸŽฏ

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.