Highlights from the Daily ATS Forex Dashboard report going into Friday, 11 May-
Price volatility has been our main theme all week. Thursday was no exception.
Short-term momentum has turned positive for $EURGBP and negative for both $GBPAUD and $USDCAD.
Additionally, $GBPCAD and USDCAD have shifted to a bearish structure while $CADJPY has turned bullish.
Similar to the past few days, 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 full 24-page daily report to know more or if you have any questions. We would love to hear from you.
Make it a great day!
Price volatility has been our main theme all week. Thursday was no exception.
Short-term momentum has turned positive for $EURGBP and negative for both $GBPAUD and $USDCAD.
Additionally, $GBPCAD and USDCAD have shifted to a bearish structure while $CADJPY has turned bullish.
Similar to the past few days, 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 full 24-page daily report to know more or if you have any questions. We would love to hear from you.
Make it a great day!