Every day after the US market close, 1-day new forecasts are made. The forecasted price is result of Decision trees, Random forests, and Regressions. The volatility forecast is based on the GARCH methodology. For example, if the currency pair ABCD is trading at 1.27500, its forecasted price is 1.27700, and its forecasted volatility is 0.5% . In average, The currency pair will increase by 0.00200 or 200 pips, the fluctuation will be 0.00600 or 600 pips above and below the reference quote.
© GaugeMarkets ,2024 ; updated: 08/25/2024 ; 1-Day forecasts using close data[4:00 P.M ET].
CURRENCY PAIR | CURRENT PRICE | FORECASTED PRICE | FORECASTED VOL % |
---|---|---|---|
USDCAD | 1.3507 | 1.35121 | 0.223 |
EURUSD | 1.11913 | 1.11605 | 0.378 |
USDCHF | 0.847 | 0.84847 | 0.399 |
GBPUSD | 1.3214 | 1.31881 | 0.335 |
NZDUSD | 0.6232 | 0.62086 | 0.851 |
EURJPY | 161.627 | 161.64411 | 0.443 |
USDJPY | 144.367 | 144.32368 | 0.371 |
RANKING | CURRENCY PAIR | FORECASTED VOL % | FORECASTED PRICE |
1 | NZDUSD | 0.8506 | 0.62086 |
2 | EURJPY | 0.443 | 161.64411 |
3 | USDCHF | 0.3989 | 0.84847 |
4 | EURUSD | 0.3783 | 1.11605 |
5 | USDJPY | 0.3714 | 144.32368 |