Highlights from the daily Forex ATI Dashboard report going into Monday, 23 April-

Range expansion is anticipated soon for:

$EURAUD $EURCHF $AUDNZD $CHFJPY $USDJPY

Structure changes for the following:

Bullish - $USDCAD $EURAUD

Bearish - $AUDJPY $AUDUSD $EURUSD $NZDCHF $GBPCAD $GBPCHF $GBPJPY

Confirmation utilizing Andersen Bands and other tactical trading tools are suggested for these actionable trades.

The image with this post is the short-term momentum heat map for the 8 major currencies ranked highest (1) to lowest (8).

Please feel free to reach out to [email protected] with any questions or comments. We would love to hear from you!

Highlights from the daily Forex ATI Dashboard report going into Friday, 20 April-

Short-term momentum changes:

Bullish - $EURGBP, $USDCAD

Bearish - $AUDUSD, $GBPJPY, $GBPUSD, $NZDJPY, $NZDUSD

Structural change has occurred for $GBPUSD (bearish) and $EURGBP (bullish).

Interestingly there were no pivot gaps on Thursday. The last time this occurred was on 8-Feb of this year.

Several of the key range expansions and price reversals from extremes that we have been anticipating and sharing have occurred. However, there are a few pairs/crosses which are likely to experience range expansions including: $EURCAD, $USDJPY, and $CADCHF

Attached to this post is an image showing Relative Range Indexes (RRI) for each currency pair to show how daily price ranges have recently increased as a percentage of their typical range. Values highlighted in blue represent 120% or greater of their typical range while those highlighted in orange were 80% or less. Bold black numbers were the highest or lowest...

Highlights from the daily Forex ATI Dashboard report going into Thursday, 19 April-

Short-term momentum reversed up for $AUDNZD, $NZDJPY, and down for $GBPAUD.

While $GBPCHF has begun its decent as anticipated, short-term momentum for $EURCHF is ranked 1st and $USDCHF is 2nd. Conversely, $CHFJPY is ranked lowest at 28th and $USDCAD is 27th.

Price range is anticipated to increase for the following pairs/crosses:

$AUDJPY, $CHFJPY (also an inside day, doji, and NR7), $EURJPY, $NZDJPY, and $USDJPY.

Additionally, pivots for $USDCHF reversed to bullish and $NZDUSD bearish.

Included with this post is a table showing the 3-day price range in USD per lot for the  28 majors then color coded from highest (dark green) to lowest (dark red) for each currency pair/cross. Notice how the range leader each day was GBP, flowing diagonally over the last several days, ending with $GBPUSD.

 Please feel free to reach out to [email protected] with any questions or comments. We would love to hear...

Highlights from the daily Forex ATI Dashboard report going into Wednesday, 18 April-

Short-term momentum reversed up for $EURNZD and down for $GBPCAD, $NZDJPY, and one major currency - the New Zealand Dollar.

$EURCHF, $GBPCHF, and $CADCHF are at extreme short-term momentum levels and ranked 1,2,3 respectively. Similarly, the Swiss Franc is also at extreme low momentum levels.

Daily price range analysis suggests range and volatility are likely to increase for $AUDJPY, $AUDUSD, $CADJPY, $USDCAD and $USDJPY.

3-day range analysis suggests range and volatility are likely to increase for $AUDUSD, $CADJPY, and $EURJPY.

Pivot analysis indicates $EURAUD, $EURNZD, $CADJPY, and $USDCAD will see increased price action.

Additionally, $EURNZD had a bullish pivot reversal and $NZDJPY had a bearish pivot reversal.

Included with this post is a table of the short-term momentum heat map ranking for each currency pair from highest (green) to lowest (red) for each currency pair/cross and the 8 major...

Highlights from the daily Forex ATI Dashboard report going into Tuesday, 17 April-

Short-term momentum reversed up for two pairs/crosses: $EURAUD, $GBPCAD, while majors EUR turned up and AUD turned down. Long-term momentum turned up for $EURJPY.

$GBPCHF and $EURCHF are at extreme momentum levels ranked #1 and #2 for both ST and LT momentum respectively. 

Daily price ranges for $AUDUSD, $AUDJPY, $CADCHF, $CADJPY, and $NZDJPY are likely to increase, while $EURCAD is likely to see an increase in both daily and 3-day price ranges. Additionally, $USDCAD is likely to see a 3-day range increase.

$AUDCHF is showing an ABS squeeze "type 3" with narrow daily and 3-day pivot ranges, increasing the likelihood of a breakout.

Daily and 3-day pivots indicate an increase in volatility for $AUDJPY, and $CHFJPY. 3-day pivots are indicating an increase in volatility for $AUDCAD and $NZDUSD. Additionally, $AUDNZD and $GBPCAD are likely to experience a swing or trend developing.

Included with this po...

Highlights from the daily Forex ATI dashboard report going into Monday, 16 April-

Short-term momentum reversed up for two pairs/crosses: $EURUSD, $GBP/NZD and one major: AUD. There were no changes in long-term momentum.

However, $GBPCHF ranked #1 for both ST and LT momentum is at an extreme level and not likely to continue. Similarly, EURCHF is ranked #2 for both ST and LT momentum and is also at unsustainable extreme levels.

Daily price ranges for $EURUSD and $GBPCAD were extremely low on Friday and likely to increase.

3-day price ranges for $GBPAUD, $GBPCAD, $NZDUSD, and $USDCAD were also extremely low as of Friday and likely to increase. Also noteworthy of that bunch - $GBPCAD is on the weekly, daily and 3-day price range list for being at extreme lows. Additionally, $USDCAD has the lowest Short-term momentum rank (#28) which is a high risk factor for reversing the recent selloff. 

Another method of detecting price range breakouts is our unique indicator RPM which looks at stat...

Some highlights from the daily ATI report going into Friday the 13th -

$EURAUD reversed short-term momentum to the downside along with EUR as the only change among the majors. CHF is showing an extreme level of downside momentum.

$GBPCHF shows an extremely low long-term momentum level as does $EURCHF albeit at a lesser degree.

$AUDUSD and $EURJPY are both showing extremely low daily ranges which are likely to increase relatively soon.

$GBPAUD and $USDJPY are also poised to expand their 3-day ranges.

$USDCAD, $AUDUSD have extremely narrow daily pivot ranges today.

Similarly, $GBPCAD, and $NZDCAD have extremely narrow 3-day pivot ranges today.

Today's short-term momentum heat map with currency ranking including the majors is attached to this post.

Please feel free to reach out to [email protected] with any questions or comments. We would love to hear from you!

Have a great Friday the 13th!

Some highlights from the daily ATI report going into Thursday's trading session-

$AUDCAD is showing a short-term downside momentum extreme and is likely to retrace higher.

$CHFJPY short-term momentum switched to the downside.

While CAD has been the strongest of the 8 majors, it is also showing a short-term extreme high momentum with a caution flag for longs. EUR also switched from short-term downside to upside momentum.

$EURCHF is showing a long-term upside momentum extreme and is likely to retrace lower.

Several currency pairs are  due for directional range expansion, including: $AUDCHF, $AUDUSD, $EURJPY, $EURUSD, $EURGBP, $GBPUSD, $NZDUSD and $USDJPY.

We analyze volatility and range using several metrics. Due to the unusually large number of range contractions a screenshot of RRI (Relative Range Index) is included with this post so you can see the significant number of relatively low ranges (highlighted in orange).

Additionally, $AUDCHF had a 3-day pivot reversal to the upside...

As per the ideas posted yesterday, they worked out fantastically. JPY weakened considerably and the ranges that were anticipated to increase did so measurably. AUD also gained notable strength. Here is a visual image of the current short-term momentum ranking of the majors:

In reviewing the daily ATI dashboard report, some of the highlights include-

17 of the 28 pairs that we follow had daily ranges in excess of 100% of the typical range, there are few remaining to increase in volatility. However, $AUDNZD and $GBPUSD are two pairs that are likely to experience range expansions relatively soon.

$AUDCAD and $USDJPY 3-day ranges are poised to expand soon as well.

$AUDCHF, $AUDJPY, $AUDUSD, $CHFJPY had short-term momentum turn positive while $GBPCAD and $GBPNZD turned negative.

$CADCHF experienced a long-term momentum reversal up while $USDCAD turned negative.

$EURGBP shows tight daily and 3-day pivot ranges, suggesting a decent move is in the works.

 $GBPCHF shows the highest mom...

Going into the new session there are several things that stand out from the Daily ATI Forex Dashboard report:

• Of the 28 primary pairs and crosses, short-term momentum has turned positive for EURUD and of the 8 majors, USD turned negative.
• GBPCHF has shown the strongest upside momentum followed by GBPAUD and GBPJPY.
• EURGBP has shown the strongest downside momentum followed by AUDNZD and AUDCAD.

Current short-term momentum rankings of the majors-

• No changes in direction for LT momentum.
• Based on volatility analytics the following JPY crosses are poised for a breakout - CADJPY, AUDJPY, EURJPY, NZDJPY .
• Additionally, EURGBP, EURCHF and EURNZD are similarly likely to see a significant increase in volatility.
• CHFJPY and GBPUSD have both flipped to an upside bias relative to their respective 3-Day pivots.

Good luck and good trades!

We would love to hear from you. Please send any questions or feedback to [email protected]