UNIUSD last changed hands at 10.2285, up 13.74% on the session and finishing just below the top of its recent range.

The trend field is flagged as “insufficient history for a long-term trend read,” drawn from a record of 65 daily bars. What the shorter averages describe is a price trading a long way above them: UNIUSD sits 42.15% above its 20-day SMA of 7.1958 and 90.83% above its 50-day SMA of 5.36. The two averages line up in rising order, the 20-day at 7.1958 standing above the 50-day at 5.36, with price holding above both. The far wider gap to the 50-day than to the 20-day reflects how steeply the shorter average has been pulled up beneath the current price.

Momentum and volatility

The 14-day RSI reads 81.6, a level the data classes as elevated and above the 70 mark often described as overbought, and it has accompanied 3 consecutive higher closes into the current price. Volatility, measured by the 14-day ATR, is 0.7837 β€” equal to 7.66% of the 10.2285 last price. The 13.74% session move runs close to double that average daily range, marking today as an outsized session against the instrument’s own recent norm.

Range and recent performance

At 10.2285, price sits just under the 20-day swing high of 10.3685, which is also the 60-day swing high: the highest point of the past 20 sessions is the highest of the past 60 as well. Even after the 13.74% session gain, the close held below that 10.3685 swing high. The 20-day swing low is 5.6335 while the 60-day swing low is 3.1685, so the last 20 sessions have traded entirely in the upper portion of the wider 60-day range. From the 60-day low of 3.1685 to today’s 10.2285, price has traversed most of that three-month span, and the current level stands well above both swing lows.

Over the past week UNIUSD is up 52.55%, and over the past month it is up 136.2%. Those two windows frame the advance that has carried price to the upper end of its 65-session record.

Descriptive technical summary generated by the ForexBullion Research Team from our own price feed. Not investment advice.