Daily Forex Quantitative Trading Ideas And Analysis - 11 June 2018

Highlights from the Daily ATS Forex Dashboard report going into Monday, 11 June-

 Short-term momentum changes:

Positive - none

Negative - $AUDNZD $CADJPY

Long-term momentum changes:

Positive - none

Negative - none

 Structure changes:

Positive - $GBPAUD $EURAUD

Negative - $AUDJPY $AUDUSD $CADJPY $NZDJPY

Daily price range has compressed significantly for $EURUSD

3-day price range has compressed significantly for $GBPNZD and $NZDUSD

Compressed ranges are anticipated to expand relatively soon.

The image with this post is a 30-day correlation matrix. Several pairs have recently been highly correlated and inversely correlated. High correlations are highlighted in green. High inverse correlations are highlighted in red. Lack of correlation is highlighted in yellow.

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 !