Round Number Bounces. | Forex Factory

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Round Number Bounces.

  • #1
  • First Post: Jun 30, 2009 6:31am Jun 30, 2009 6:31am
What currency pair, from your experience and opinion is most sensitive and susceptible to round number bounces? i.e. When price arrives at a round number, there is quite often a reversal.

What currency pairs react to this most?

Thanks

David
Probability Professor
  • #2
  • Jun 30, 2009 7:20am Jun 30, 2009 7:20am
Quoting Galation
What currency pair, from your experience and opinion is most sensitive and susceptible to round number bounces? i.e. When price arrives at a round number, there is quite often a reversal.

What currency pairs react to this most?

Thanks

David
Not sure about bounces but there's a lot of stop hunting goes on around big figures...

Stop Hunting
  • #3
  • Jun 30, 2009 7:27am Jun 30, 2009 7:27am
In my experience the most sensitive to the whole numbers are EurUsd and UsdJpy. However, the price rarely bounces from the whole number, usually crosses a whole number and turned around 30 pips above or below it.

Denis
  • #4
  • Jul 11, 2009 4:39pm Jul 11, 2009 4:39pm
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Decide for yourself.
  • #5
  • Last Post: Jul 11, 2009 5:47pm Jul 11, 2009 5:47pm
Quoting Galation
What currency pair, from your experience and opinion is most sensitive and susceptible to round number bounces? i.e. When price arrives at a round number, there is quite often a reversal.

What currency pairs react to this most?

Thanks

David
The EurUSD was turning on the round numbers last week. Check out the E/U chart for the last week.
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