Daily Forex Quantitative Trading Ideas And Analysis - 01 May 2018

Highlights from the daily Forex ATI Dashboard report going into Tuesday, 1 May-

 Short-term momentum leaders and laggards have changed little since late last week (see the  heatmap of the majors included with this post.)

 Long-term momentum has switched to the downside for $GBPUSD.

Structure changes have potentially changed for the following:

Bullish- $EURGBP

Bearish- $GBPCAD $GBPCHF $GBPJPY

 Range expansions and breakouts are at elevated levels for:

$EURCHF $NZDJPY $NZDUSD $$AUDJPY $CADJPY

The top three short-term momentum primary pairs/crosses are:

1. $CADCHF 2. $USDCHF 3. $USDJPY

The bottom three are:

26. $AUDUSD 27. $NZDUSD 28. $AUDCAD

The image with this post is the short-term momentum heatmap for the 8 major currencies ranked highest (1) to lowest (8).

Please feel free to reach out to [email protected] if you would like a copy of the full 24-page daily report to know more or if you have any questions. We would love to hear from you!

Make it a great day!