Daily Forex Quantitative Trading Ideas And Analysis - 18 April 2018

Highlights from the daily Forex ATI Dashboard report going into Wednesday, 18 April-

Short-term momentum reversed up for $EURNZD and down for $GBPCAD, $NZDJPY, and one major currency - the New Zealand Dollar.

$EURCHF, $GBPCHF, and $CADCHF are at extreme short-term momentum levels and ranked 1,2,3 respectively. Similarly, the Swiss Franc is also at extreme low momentum levels.

Daily price range analysis suggests range and volatility are likely to increase for $AUDJPY, $AUDUSD, $CADJPY, $USDCAD and $USDJPY.

3-day range analysis suggests range and volatility are likely to increase for $AUDUSD, $CADJPY, and $EURJPY.

Pivot analysis indicates $EURAUD, $EURNZD, $CADJPY, and $USDCAD will see increased price action.

Additionally, $EURNZD had a bullish pivot reversal and $NZDJPY had a bearish pivot reversal.

Included with this post is a table of the short-term momentum heat map ranking for each currency pair from highest (green) to lowest (red) for each currency pair/cross and the 8 majors.

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