Daily Forex Quantitative Trading Ideas And Analysis

[AndersenBands]

Highlights going into Thursday, 10 May-

Price volatility has been our main theme this week and Wednesday saw volatility rotate throughout remaining the remaining currency pairs that w have been anticipating.

Short-term momentum has turned positive for both $CADJPY and $GBPCHF.

Additionally, $EURGBB has shifted to a bearish structure while $GBPNZD and $GBPAUD, have switched to a bullish structure.

Similar to yesterday, the image with this post highlights the daily range as a percentage of the normalized typical range for the 28 major pairs we follow.

• Values shaded in blue exceed one standard deviation above typical range.
• Values shaded in orange exceed one 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.

 

[AndersenBands]

Highlightsgoing 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.

Make it a great day!

 

[AndersenBands]

Highlights going into Monday, 14 May-

Short-term price volatility was significantly elevated for most of last week. However, Friday was much quieter.

Short-term momentum has been confirmed positive for $AUDJPY and negative for $GBPCHF.

Long-term momentum has been confirmed positive for $AUDNZD.

Price range has been significantly compressed with volatility expected to increase for $GBPAUD, $GBPCHF, $NZDCAD, and $NZDUSD

Price structure has turned positive for $AUDJPY $AUDNZD $AUDUSD and negative for $GBPAUD.

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.


Make it a great day!

 

[AndersenBands]

Highlights going into Tuesday, 15 May-

Short-term price volatility has normalized over the last couple of sessions.

Short-term momentum has switched to positive for $GBPNZD and Long-term for $CADJPY.

Price range has been significantly compressed with volatility expected to increase for $CADCHF, $GBPCAD, and $AUDJPY

Price structure has turned positive for several EUR pairs including $EURUSD, $EURGBP, $EURJPY, and $EURNZD

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.

Make it a great day!

 

[AndersenBands]

Highlights going into Wednesday, 16 May-

Short-term price volatility has returned to the recently elevated levels across multiple currencies.

Short-term momentum has turned positive for $CHFJPY and negative for $EURCHF.

There were no changes in long-term momentum.

Price range has been significantly compressed with volatility expected to increase for $AUDJPY and $EURAUD.

There are no structure changes for today. Anticipating prior structure changes to be confirmed or be tested.

We utilize a statistically-based method of calculating momentum that is robust and adapts to fast or slow moving markets. Additionally, it is normalized so the outputs of one currency can be directly comparable and ranked across the others.

The image with this post ranks long-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.

Make it a great day!

 

[AndersenBands]

Highlights going into Thursday, 17 May-

As anticipated, the short-term price volatility cycle continues to stay elevated with the pendulum having clearly swung hard the other way across multiple currencies.

Going into Wednesday, we anticipated an increase in volatility soon for $AUDJPY and $EURAUD. Both of these experienced 136% and 204% of their respective typical daily ranges!

Short-term momentum has turned negative for $EURGBP.

There were no changes in long-term momentum.

Price range has been significantly compressed with volatility expected to increase for $USDCHF and $USDJPY.

Price structure has turned negative for $EURUSD, $EURGBP, $EURCHF and positive for $CHFJPY.

We utilize a statistically-based method of calculating momentum that is robust and adapts to fast or slow moving markets. Additionally, it is normalized so the outputs of one currency can be directly comparable and ranked across the others.

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.



Make it a great day!

 

[AndersenBands]

Highlights going into Friday, 18 May-

Thursday's currency markets were quite tame with out any noteworthy extremes.

There were no changes in short-term momentum.

There were no changes in long-term momentum.

Price structure has turned positive for $GBPJPY and $NZDJPY

We utilize a statistically-based method of calculating momentum that is robust and adapts to fast or slow moving markets. Additionally, it is normalized so the outputs of one currency can be directly comparable and ranked across the others.

The image with this post ranks long-term momentum for the 28 primary pairs and crosses. The strongest momentum is ranked "1" in dark green and "28" is the weakest or most negative. This gives you a visual representation of strength and 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.

Make it a great day!

 

[AndersenBands]

Highlights going into Monday, 21May-

Short-term momentum for $EURNZD has turned negative.

There are no changes in long-term momentum.

There are no changes structure for today

Weekly analysis is showing an increase in volatility is likely relatively soon for $USDCHF and $NZDUSD.

Daily analysis is suggesting an increase in volatility is anticipated soon for for $AUDUSD and $EURGBP.

The image with this post is a 30-day correlation matrix for the 28 primary pairs and crosses we follow. Relatively strong correlation is highlighted in green, significant inverse correlation is highlighted in red and lack of correlation is highlighted in yellow.

Make it a great day!

 

[AndersenBands]

Highlights going into Tuesday, 22 May-

Daily analysis suggests an increase in volatility is anticipated soon for $USDCHF.


Short-term momentum changes:

Positive - $AUDUSD, $NZDJPY

Negative - $USDCAD, $EURAUD


Long-term momentum changes:

Positive - none

Negative - $EURAUD


The structure has turned negative for $GBPNZD


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.



Make it a great day!

 

[AndersenBands]

Highlights going into Wednesday, 23 May-

Daily analysis suggests an increase in volatility is anticipated soon for $AUDUSD, $AUDNZD, $GBPAUD, $EURGBP.


Short-term momentum changes: none

Long-term momentum changes:

Positive - none

Negative - $GBPAUD

The structure has turned positive for $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.


Make it a great day!