It's time for another edition of the Dukascopy Spike Controller, where we take a closer look at the spread levels for the 3 non-cross majors. Euro/Dollar's daily average spread is point 3 pips and maximum separation has been 1.1 pips. The pair has returned above the 1.13 level as it gained point 61 percent or 69 pips in an uptrend that lasted during most of the past 24 hours. Spreads have been relatively calm and the max separation of 1.1 pips took place yesterday at 11 PM GMT. Moving on to the Cable, long term average spread is point 85 pips. Peak separation has been 3.9 pips and both of the sides were 3.5 pips during the past hour. Pound/Dollar rose towards the 1.30 level as it gained a total of point 68 percent or 87 pips. The peak spread of 3.9 pips took place yesterday at 11 PM GMT and both of the sides were 3.5 pips apart today during the UK data run at 9:30 AM. And last up is the Dollar/Yen, which has long term average and maximum spreads of point 47 and 1 pip respectively. The pair rose further above the 110 level as it gained a total of point 39 percent or 43 pips. No major separations have been recorded for this pair and 1 pip is the most you should have been charged.

 

This overview can be used only for informational purposes. Dukascopy SA is not responsible for any losses arising from any investment based on any recommendation, forecast or other information herein contained.

Analysis feed

Latest Forex Analysis

Editors’ Picks

EUR/USD: Inverted hammer on daily chart highlights 50-day SMA, 38.2% Fibo.

EUR/USD takes the bids to 1.1050 during early Friday. The pair formed an ‘inverted hammer” candle while following the daily chart, which in turn favors the upside towards 1.1110/13 resistance-confluence.

EUR/USD News

GBP/USD: 3-week-old resistance-line questions 100-DMA breakout

Successful trading beyond 100-day simple moving average (DMA) fails to lend much strength to the GBP/USD pair as it struggles around 1.2520 during Friday morning. A rising trend-line since August-end, seems to challenge buyers.

GBP/USD News

USD/JPY: Bears eyeing break below 107.45

USD/JPY trades modestly flat, with the bias leaning to the downside, as we wind down into the close for the week following a data-heavy number of sessions which have left more questions unanswered and the outlook murky. 

USD/JPY News

Markets unmoved by Fed cut and pause

The Federal Reserve’s latest twist in monetary policy, reducing the fed funds for a second time in two months and then pausing for instructions has left markets without a clear direction on interest rates. Equites ended mixed.

Read more

Gold holds on to recovery gains amid trade/political pessimism

In addition to bouncing off multi-month-old rising trend-line, Gold gains support form recently downbeat trade/political headlines while taking the bids to $1,500 during Friday’s Asian session.

Gold News

Forex Majors

Cryptocurrencies

Signatures