Traders in any market benefit from having practical market data at their fingertips: how much a market is likely to move in a single trading session, or from one close to the next, or how often the market drops x points from the previous close but still closes higher on the day.

The forex market has been extremely challenging this year, with many major currency pairs stuck in trading ranges. Any tool that can shed light on a market’s typical behavior and provide even a small edge is valuable. Here, we break down the short-term performance of the euro/Japanese yen pair (EUR/JPY) over the past year.