Daily Forex Quantitative Trading Ideas And Analysis - 19 April 2018
Highlights from the daily Forex ATI Dashboard report going into Thursday, 19 April-
Short-term momentum reversed up for $AUDNZD, $NZDJPY, and down for $GBPAUD.
While $GBPCHF has begun its decent as anticipated, short-term momentum for $EURCHF is ranked 1st and $USDCHF is 2nd. Conversely, $CHFJPY is ranked lowest at 28th and $USDCAD is 27th.
Price range is anticipated to increase for the following pairs/crosses:
$AUDJPY, $CHFJPY (also an inside day, doji, and NR7), $EURJPY, $NZDJPY, and $USDJPY.
Additionally, pivots for $USDCHF reversed to bullish and $NZDUSD bearish.
Included with this post is a table showing the 3-day price range in USD per lot for the 28 majors then color coded from highest (dark green) to lowest (dark red) for each currency pair/cross. Notice how the range leader each day was GBP, flowing diagonally over the last several days, ending with $GBPUSD.
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