Highlights from the Daily ATS Forex Dashboard report going into Monday, 21May-
Short-term momentum for $EURNZD has turned negative.
There are no changes in long-term momentum.
There are no changes structure for today.
Weekly analysis is showing an increase in volatility is likely relatively soon for $USDCHF and $NZDUSD.
Daily analysis is suggesting an increase in volatility is anticipated soon for for $AUDUSD and $EURGBP.
The image with this post is a 30-day correlation matrix for the 28 primary pairs and crosses we follow. Relatively strong correlation is highlighted in green, significant inverse correlation is highlighted in red and lack of correlation is highlighted in yellow.
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