Daily Forex Quantitative Trading Ideas And Analysis - 11 April 2018

As per the ideas posted yesterday, they worked out fantastically. JPY weakened considerably and the ranges that were anticipated to increase did so measurably. AUD also gained notable strength. Here is a visual image of the current short-term momentum ranking of the majors:

In reviewing the daily ATI dashboard report, some of the highlights include-

17 of the 28 pairs that we follow had daily ranges in excess of 100% of the typical range, there are few remaining to increase in volatility. However, $AUDNZD and $GBPUSD are two pairs that are likely to experience range expansions relatively soon.

$AUDCAD and $USDJPY 3-day ranges are poised to expand soon as well.

$AUDCHF, $AUDJPY, $AUDUSD, $CHFJPY had short-term momentum turn positive while $GBPCAD and $GBPNZD turned negative.

$CADCHF experienced a long-term momentum reversal up while $USDCAD turned negative.

$EURGBP shows tight daily and 3-day pivot ranges, suggesting a decent move is in the works.

 $GBPCHF shows the highest momentum in both short-term and long-term momentum. Similarly, $EURCHF is ranked second for both short-term and long-term momentum.

$AUDUSD and $EURUSD have each confirmed a 3-day pivot reversal up while $USDCHF has confirmed a 3-day pivot reversal down.

 Have a great day and please remember to reach out with any comments or questions to [email protected]

 Jon