Daily Forex Quantitative Trading Ideas And Analysis - 07 May 2018

Highlights from the Daily ATS Forex Dashboard report going into Monday, 7 May-

Some of the daily price ranges that are compressed and likely to expand soon are: $EURGBP $EURCHF $NZDUSD and 3-day $GBPCHF

$CADJPY and $USDJPY are likely candidates for bearish structure changes.

The image with this post is a short-term momentum ranking of all 28 primary pairs/crosses that we follow. We utilize a statistically-based method of calculating momentum that is robust and adapts to fast or slow moving markets. Additionally, it is normalized so the outputs of one currency pair/cross can be directly comparable and sorted across all others.

The strongest momentum is ranked "1" in dark green and "28" is the weakest or most negative. This gives you a visual representation of strength and weakness along with individual and intra-market trends and patterns.

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!