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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