EURJPY Market Guide and Volatility AnalysisThe EURJPY Market Guide and Volatility Analysis has been released.  This white paper provides in-depth information for trading the EURJPY forex pair.  Includes in the analysis are market hours, common pip spread, pip value, volume analysis for annual, daily and hourly ranges, as well as pip movement for daily, quarterly and hourly periods.

EURJPY Market Guide and Volatility Analysis Summary

The charts in the EURJPY Market Guide, which can be downloaded below, show that although volume decreased in 2012 to 2014, 2015 has shown an increase in activity.  However, when one analyzes the actual pip (or tick) movement by year, volatility has decreased significantly since 2008.  It is currently only averaging about 150 pips per day according to the 2015 statistics while in 2008 it was averaging almost 250 pips per day.

When looking at the quarterly totals to identify which quarters produce the most movement, the first quarter (January to March) produce the most movement, while July to September produce the least.  Why does this matter?  Traders may want to intraday trade during the first quarter and change to a longer term methodology for the second and third quarters.

[sociallocker]Analyzing the sixty minute period, it is evident that most of the movement for the EURJPY is during the London and US sessions.  During the Asian session there is a slight decrease in volatility.  During the Asian sessions, traders may want to trade a longer-term view that will extend into the London and US sessions to capture more movement.

To download the EURJPY Market Guide and Volatility Analysis, simply click on the White Paper link below.  Additional white papers on the Nasdaq and EURGBP will be released later this week.  These white paper studies provide traders with an in-depth glance on historical volume analysis and volatility movement so they can prepare a trading plan to encompass both high and low volatility periods.

White Paper