Every day after the US market close, 1-day new forecasts are made. The forecasted probability of going up the next day is result of Decision trees, Random forests, and Regressions combined with Monte Carlo simulations. The upper and lower bound are calculated using the variance of the estimation of regressors in the regression analysis.
© GaugeMarkets ,2024 ; updated: 08/25/2024 ; 1-Day forecasts using close data[4:00 P.M ET].
| CURRENCY PAIR | PROBABILITY UP % | CURRENT PRICE | UPPER BOUND | LOWER BOUND | 3-DAY CUMMULATIVE RETURN % |
|---|---|---|---|---|---|
| USDCAD | 21 | 1.3507 | 1.3520507 | 1.34196 | -0.813 |
| EURUSD | 65 | 1.11913 | 1.120920608 | 1.117339392 | 0.567 |
| USDCHF | 16 | 0.847 | 0.84893 | 0.83937 | -0.771 |
| GBPUSD | 68 | 1.3214 | 1.328007 | 1.3121502 | 1.365 |
| NZDUSD | 77 | 0.6232 | 0.6275624 | 0.61731 | 1.201 |
| EURJPY | 34 | 161.627 | 162.74273 | 161.3683968 | -0.068 |
| USDJPY | 25 | 144.367 | 144.71606 | 143.645165 | -0.685 |
THE MOST TRANSACTED CURRENCY PAIRS
| RANKING | CURRENCY PAIR | VOLUME | 1 DAY % CHANGE |
| 1 | USDCAD | 0 | -0.7112 |
| 2 | EURUSD | 0 | 0.6643 |
| 3 | USDCHF | 0 | -0.5534 |
| 4 | GBPUSD | 0 | 0.884 |
| 5 | NZDUSD | 0 | 1.4286 |