Study 9: Intraday Price Shocks

Are sudden moves from a prior range predictive? Is there cross-asset spillover?

This study investigates the predictive power of sudden intraday price movements in several popular FX pairs. It also explores whether a price shock in one pair is often followed by a strong movement in another.

The Breakout Debate

There’s solid logic towards expecting a breakout to be followed by a continuation as well as reversion.

Argument for continuat…