Daily Forex Quantitative Trading Ideas And Analysis - 20 June 2018

Highlights from the Daily ATS Forex Dashboard report going into Wednesday, 20 June-

Short-term momentum changes:

Positive - $EURGBP

Negative - $CHFJPY

 Long-term momentum changes:

Positive - $GBPAUD

Negative - none

Price structure has turned negative for $AUDCAD and $EURCHF

Yesterday the image shared was of the majors long-term momentum ranking. Today, the image with this post illustrates short-term momentum for the majors. The strongest momentum is ranked "1" in dark green and "8" is the weakest or most negative. This gives you a visual representation of strength and weakness to construct trades with corresponding pairs and crosses that represent buying strength and selling weakness. The most opportunistic trades tend to be when there is a shift in trend moving toward the top or bottom of the momentum ranking.

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Make it a great day!