Top 5 momentum stocks of the S&P 100 are: $OXY $MON $COP $SO $AMZN
Bottom 5 momentum stocks of the S&P 100 are: $C $GS $CMCSA $WFC $BMY
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...
General Motors $GM is showing an Andersen Bands Squeeze ("Type 3") for an imminent breakout on a short-term basis.
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...
Highlights from the weekly Forex ATI dashboard report going into Monday, 16 April-
Weekly price range compression for $AUD/CAD, $NZDCAD, and $USDJPY reached significant levels and are likely to rebound.
$AUDUSD developed a weekly pivot reversal to the upside.
The weekly pivot ranges are very low for the following pairs which are likely to lead to significant price movement and increased volatility- $EURUSD, $GBPCAD, $AUDCAD, and $USDJPY.
Additionally, a few of the interesting correlation relationships from the ATI report-
$EURAUD currently has a 30-day correlation of 93% with $GBPCAD, yet the 120-day correlation is only 50%.
$GBPAUD currently has a 30-day inverse correlation of -94% with $CADJPY yet the 120-day correlation is only -24%.
$USDJPY currently has a 30-day inverse correlation of -91% with $EURAUD yet the 120-day correlation is only -12%.
The 30-day correlation matrix from the weekly ATI report is included with this post for additional observation.
Please feel fre...
50% Complete
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.