Highlights from the Daily ATS Forex Dashboard report going into Thursday, 31 May-

Volatility continues to impress after months of continued decline in the FX markets.

Last week we mentioned JPY was notably gaining strength the short-term momentum rank shifted. Today we note that USD has shifted significantly from strength to weakness (See image).

Short-term momentum changes:

Positive - $EURGBP

Negative - $USDCHF

Long-term momentum changes:

Positive - none

Negative - none

The image with this post ranks 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 ranks (see USD).

Please feel free to reach out to ...

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 short-term momentum: $USDCAD $AUDNZD $AUDCAD $NZDCAD $USDCHF

Bottom 5 short-term momentum: $GBPJPY $EURCHF $EURAUD $EURUSD $GBPUSD

Top 5 long-term momentum: $USDCHF $AUDNZD $USDCAD $USDJPY $CADCHF

Bottom 5 long-term momentum: $EURJPY $CHFJPY $NZDUSD $EURUSD $GBPUSD

Highlights from the Daily ATS Forex Dashboard report going into Wednesday, 30 May-

Volatility continues to surge in the FX markets.

Last week we mentioned JPY was notably gaining strength the short-term momentum rank shifted (See image).

Short-term momentum changes:

Positive - none

Negative - $AUDCHF, $AUDUSD

Long-term momentum changes:

Positive - none

Negative - $EURCHF, $GBPCHF

Price structure has turned negative for $AUDNZD, $AUDUSD, and $EURGBP.

The image with this post ranks 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 ranks (see JPY).

Please feel free to reach out to ...

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 short-term momentum: $AUDNZD $AUDCAD $USDCAD $NZDCAD $AUDUSD

Bottom 5 short-term momentum: $EURCHF $EURAUD $GBPUSD $GBPAUD $GBPUSD

Top 5 long-term momentum: $USDCHF $AUDNZD $USDJPY $CADCHF $USDCAD

Bottom 5 long-term momentum: $NZDJPY $CHFJPY $NZDUSD $EURUSD $GBPUSD

Highlights from the Daily ATS Forex Dashboard report going into Tuesday, 29 May-

Volatility and directional movement are likely to increase for $AUDUSD and $EURGBP

Short-term momentum changes:

Positive - $NZDCAD

Negative - none

Long-term momentum changes:

Positive - none

Negative - none

Price structure has turned negative for $CADCHF and positive for $EURCAD, $NZDCAD, and $USDCAD

The image with this post ranks 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 ranks.

Please feel free to reach out to [email protected] if you would like a copy of the full 24-page daily report...

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 short-term momentum: $AUDNZD $AUDCAD $USDCAD $AUDUSD $AUDCHF

Bottom 5 short-term momentum: $EURCHF $EURUSD $GBPUSD $GBPAUD $EURAUD

Top 5 long-term momentum: $USDCHF $AUDNZD $USDJPY $CADCHF $AUDCHF

Bottom 5 long-term momentum: $NZDJPY $CHFJPY $NZDUSD $EURUSD $GBPUSD

Highlights from the Daily ATS Forex Dashboard report going into Friday, 25 May-

Volatility has generally remained elevated and is not likely to persist.

However, price ranges have compressed significantly for $EURUSd and $NZDUSD and are anticipated to increase relatively soon.

Short-term momentum changes:

Positive - $AUDCAD

Negative - $CADCHF, $CADJPY, $CHFJPY, $USDJPY

Long-term momentum changes:

Positive - none

Negative - none

The structure has turned negative for $CADJPY, $CHFJPY, $EURJPY $NZDJPY

The image with this post ranks 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 ranks (See JPY).

...

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 short-term momentum: $AUDNZD $USDCHF $USDJPY $USDCAD $AUDJPY

Bottom 5 short-term momentum: $GBPCAD $EURAUD $EURUSD $GBPAUD $GBPUSD

Top 5 long-term momentum: $USDCHF $USDJPY $CADCHF $AUDNZD $AUDCHF

Bottom 5 long-term momentum: $CHFJPY $AUDCAD $NZDUSD $EURUSD $GBPUSD

Highlights from the Daily ATS Forex Dashboard report going into Thursday, 24 May-

Volatility has increased substantially. All 8 of the major currencies exceeded 100% of the normalized typical range (see image).

Short-term momentum changes:

Positive - $USDCAD

Negative - $USDCAD

Long-term momentum changes:

Positive - none

Negative - $NZDCHF

The structure has turned negative for $AUDCHF $AUDJPY $USDJPY

 The image with this post highlights the daily range as a percentage of the normalized typical range for the 8 major currencies. Values shaded in blue exceed 1 standard deviation above typical range. Values shaded in orange exceed 1 standard deviation below typical range.  Values highlighted in yellow exceed 2 standard deviations above or below typical range. Bold black values are highest or lowest of at least 20 days. Underlined values are lower than prior day.

Please feel free to reach out to [email protected] if you would like a copy of the...

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 short-term momentum: $AUDNZD $AUDJPY $CADJPY $CHFJPY $USDJPY

Bottom 5 short-term momentum: $EURCHF $GBPCAD $GBPAUD $GBPUSD $EURAUD

Top 5 long-term momentum: $USDCHF $USDJPY $CADCHF $AUDNZD $CADJPY

Bottom 5 long-term momentum: $NZDCAD $NZDUSD $AUDCAD $EURUSD $GBPUSD