Daily Forex Quantitative Trading Ideas And Analysis - 09 May 2018

Highlights from the Daily ATS Forex Dashboard report going into Wednesday, 9 May-

Price volatility has swung the other direction and increased significantly on Tuesday, validating what we have pointed out about several pairs that have been significantly compressed.

Additionally, $GBPCAD  may be shifting to a bullish structure.

The image with this post highlights the daily range as a percentage of the normalized typical range for the 8 major currencies. Values shaded in blue exceed one standard deviation above typical range. Values shaded in orange exceed one standard deviation below typical range.  Values highlighted in yellow exceed 2 standard deviations above or below typical range. Bold black values are highest or lowest of at least 20 days. Underlined values are lower than prior day.

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Make it a great day!