An update from similar data shared earlier -

Intuitively traders get a sense of volatility cycles as they occur with their favorite currencies. Here's some perspective for you to consider when looking at each of the majors using weekly data.

Several of the majors stand out as having increased volatility when looking at the shorter-term 5 and 10 week levels compared to where they have been over the prior two years. Longer-term 30 and 120 week volatility remains somewhat low across the board. However, this should also serve as a warning. Volatility tends to recycle when least expected. If shorter-term volatilites remain elevated, they will pull the longer-term averages higher...

Long-term momentum ranking of the 8 major currencies: JPY USD CHF NZD EUR GBP CAD AUD

Short-term momentum ranking of the 8 major currencies: JPY CHF EUR USD GBP CAD NZD AUD

Daily list of top 5 and bottom 5 short-term and long-term momentum rankings out of 28 primary currency pairs and crosses:

Top 5 long-term momentum: $USDCAD $EURAUD $NZDCAD $EURGBP $EURCAD

Bottom 5: $AUDJPY $EURJPY $CADJPY $CHFJPY $GBPJPY

Top 5 short-term momentum: $EURAUD $GBPAUD $EURNZD $GBPNZD $USDCAD

Bottom 5: $EURJPY $CHFJPY $AUDJPY $USDJPY $NZDJPY

Long-term momentum ranking of the 8 major currencies: JPY USD CHF NZD EUR GBP CAD AUD

Short-term momentum ranking of the 8 major currencies: JPY CHF USD EUR GBP CAD NZD AUD

Daily list of top 5 and bottom 5 short-term and long-term momentum rankings out of 28 primary currency pairs and crosses:

Top 5 long-term momentum: $USDCAD $EURAUD $NZDCAD $EURGBP $EURCAD

Bottom 5: $EURJPY $AUDNZD $AUDJPY $CADJPY $GBPJPY

Top 5 short-term momentum: $EURAUD $EURNZD $USDCAD $GBPAUD $EURCAD

Bottom 5: $EURJPY $CADJPY $USDJPY $NZDJPY $AUDJPY

Here is another example to illustrate the forex majors overall volatility trend over the last two years along with their ranking from highest (1) to lowest (8)

Intuitively traders get a sense of volatility cycles as they occur with their favorite currencies. Here's some perspective for you to consider when looking at each of the majors using weekly data.

Three of the majors stand out as having increased volatility when looking at the shorter-term 5 and 10 week volatility compared to where they have been over the last two years. Longer-term 30 and 120 week volatility remains quite low across the board. However, this should also serve as a warning. Volatility tends to recycle when least expected.

Long-term momentum ranking of the 8 major currencies: NZD USD CHF AUD JPY EUR CAD GBP

Short-term momentum ranking of the 8 major currencies: USD CHF NZD JPY EUR CAD AUD GBP

Long-term momentum ranking of the 8 major currencies: NZD USD AUD JPY CHF EUR GBP CAD

Short-term momentum ranking of the 8 major currencies: NZD AUD USD JPY CHF EUR GBP CAD

Daily list of top 5 and bottom 5 short-term and long-term momentum rankings out of 28 primary currency pairs and crosses:

Top 5 long-term momentum: $NZDCAD $NZDCHF $NZDJPY $AUDCAD $NZDUSD

Bottom 5: $GBPAUD $EURAUD $AUDNZD $GBPNZD $EURNZD

Top 5 short-term momentum: $NZDCAD $NZDCHF $AUDCAD $NZDJPY $NZDUSD

Bottom 5: $GBPCHF $CADCHF $AUDNZD $GBPNZD $EURNZD