Daily Forex Quantitative Trading Ideas And Analysis - 02 May 2018

May 01, 2018

Highlights from the daily Forex ATI Dashboard report going into Wednesday, 2 May-

Yesterday's structure bias changes of Bullish- $EURGBP and  Bearish- $GBPCAD $GBPCHF $GBPJPY along with the long-term bearish momentum shift for $GBPUSD was spot on.

Range expansions and breakout are increasingly likely for:

$EURAUD $EURNZD $NZDCHF $CHFJPY

 Short-term momentum has continued to follow-through with some pairs/crosses now at extreme levels.

The image with this post is the short-term momentum heatmap for the 28 primary pairs and crosses ranked and sorted from highest (1) to lowest (28).

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Make it a great day!

 

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