October 21, 2015.
The rank of the strongest and weakest currencies has the EUR as the strongest while the AUD is the weakest.
Note however, that volatility for the major currency pairs are very narrow. The EURUSD has a range of 44 pips (the 22 day average is down to 95 pips). The USDJPY range is a narrow 31 pips with an average of 79 pips. Not much going on.
The charts below show a snapshot of the range up and down from the closing level from yesterday (top chart). The EURUSD is trading 8 pips higher on the day. The AUDUSD is 29 pips lower from the closing level.
The lower chart has the current range (blue bar) vs. the 22 day average range (red line). A 22 range is a proxy for a month's worth of trading. Having the range lower than the average implies a quiet trading day. It also can give you encouragement for a range extension in the NY session. Be aware for a break with momentum simply because no one is making money when the major pairs are trading in very narrow range.
