Daily Forex Quantitative Trading Ideas And Analysis - 27 April 2018

Highlights from the daily Forex ATI Dashboard report going into Friday, 27 April-

Similar to the past several days, the short-term momentum heatmap has continued to define the price action (request a free copy at [email protected] .)

As such, the short-term momentum remains intact for the leader (USD) and the laggard (NZD). However, both of these have moved significantly and are at extreme levels. The risk has elevated for new positions and would suggest tightening profit stops.

Long-term momentum also remains intact with little change over the past several days.

The top three short-term momentum primary pairs/crosses are:

1. $USDCHF 2. $USDJPY 3. $CADCHF

The bottom three are:

26. $EURUSD 27. $AUDUSD 28. $NZDUSD

Price range volatility cycling from high to low can be clearly seen with an excerpt from our daily research report. The image with this post shows a normalized measurement of price range volatility expressed as a percentage of the typical range for the 8 major currencies. Values less than or greater than one standard deviation are highlighted in orange and blue respectively.

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!