Forex Majors Momentum Ranking

[AndersenBands]

Short-term momentum ranking of the 8 major currencies: CAD EUR GBP USD CHF AUD JPY NZD

Long-term momentum ranking of the 8 major currencies: USD CHF JPY EUR CAD GBP AUD NZD

 

[Bill.C.]

Copied to my desktop, thanks!

 

[AndersenBands]

Copied to my desktop, thanks!

Thanks, Bill. Hope you find it useful. Best trades to you!

 

[AndersenBands]

Short-term momentum ranking of the 8 major currencies: EUR AUD CAD NZD USD GBP CHF JPY

Long-term momentum ranking of the 8 major currencies: USD CHF EUR JPY CAD AUD GBP NZD

 

[itspossible]

Short-term momentum ranking of the 8 major currencies: EUR AUD CAD NZD USD GBP CHF JPY

Long-term momentum ranking of the 8 major currencies: USD CHF EUR JPY CAD AUD GBP NZD

Is there any way you can post these as an image?
O nevermind, I figured it out. Thank you.

 

[AndersenBands]

Is there any way you can post these as an image?
O nevermind, I figured it out. Thank you.

My pleasure. Glad you noticed the image as an attachment.
Best trades to you!

 

[itspossible]

My pleasure. Glad you noticed the image as an attachment.
Best trades to you!

The more info the better.
Opinion on the GBP this week?

 

[robmar]

Not sure which side to use short term or long term momentum. I usually stay in a trade for two or three days.

 

[AndersenBands]

The more info the better.
Opinion on the GBP this week?

ST (one to several days) momentum is fairly neutral. LT (several days to weeks) is still negative.

 

[AndersenBands]

Not sure which side to use short term or long term momentum. I usually stay in a trade for two or three days.

A swing trade of 1-3 days is perhaps best aligned with ST momentum. However, a current ranking isn't intended to be a strategy by itself. However, the analyzing the movement in how rankings are changing and or diverging, converging with the LT ranking could be tactics within a strategy. Additionally, identifying when momentum crosses from negative to positive or vice versa (although not shown in the ranking) can also lead to significant opportunities.