Highlights from the weekly ATS Forex Dashboard report going into Monday, 7 May-
Weekly price range compression for $EURCHF and $USDCAD have reached significant levels and are likely to rebound.
Additionally, the odds have increased for $AUDJPY and $AUDUSD to experience a directional breakout.
Breakout confirmation utilizing Andersen Bands and other tactical trading tools are suggested for these actionable trades.
Volatility generally remains considerably weak in the currency market. This can be seen in the image included with this post. The image shows a one year volatility trend chart for each pair/cross. The directional arrow indicates the one week change in volatility.
The remaining columns show the relative rank in percentage of where the current 5 week, 10 week, 30 week, and 120 week measurements of volatility are compared to the past. A reading of zero means volatility is at the bottom of the range. Conversely, a reading of 100 would be at the top.
Please feel free to rea...
Highlights from the weekly Forex ATI Dashboard report going into Monday, 30 April-
Weekly price range compression for $AUDJPY $CADCHF $CADJPY $NZDJPY reached significant levels and are likely to rebound.
This can be seen with the image included with this post. The image shows normalized adjusted price ranges as a percentage relative to typical ranges (RPM indicator) taken from the RPM Matrix page of the weekly ATI Dashboard-
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 20 weeks.
Breakout confirmation utilizing Andersen Bands and other tactical trading tools are suggested for these actionable trades.
Please feel free to reach out to [email protected] with any questions or comments. We would love to hear from you! Have a great week!
Highlights from the weekly Forex ATI dashboard report going into Monday, 23 April-
Weekly price range compression for $EURJPY, $CADJPY, and $USDJPY reached significant levels and are likely to rebound.
Weekly price action structures have shifted for the following:
Bullish - $AUDNZD, $EURNZD, $GBPNZD
Bearish - $CHFJPY, $NZDUSD
Confirmation utilizing Andersen Bands and other tactical trading tools are suggested for these actionable trades.
The 30-day correlation matrix from the weekly Forex ATI report is included with this post for additional observation.
Please feel free to reach out to [email protected] with any questions or comments. We would love to hear from you!
Have a great week!
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...
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