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2014-10-17
Daily Forex Analysis


17/10/2014

Currency strength and weakness 4h analysis

JPY, CHF, NZD and EUR are the strong performing currencies, JPY gave us a fright with some weakness but resumed it strength again during the early hours of the morning.

CAD, GBP, AUD and USD are the weak performing currencies, USD is shoeing more weakness than strength.

Currency daily trend analysis

AUDCHF, trend intact with volatility on the 4h chart
AUDJPY, trend intact with volatility on the 4h chart
AUDNZD, trend intact with volatility on the 4h chart
CADCHF, trend intact although the CHF showed some weakness
CADJPY, trend intact although JPY showed some weakness
EURAUD, trend intact
EURCAD, trend intact although EUR showed some weakness
EURCHF, trend intact
EURGBP, trend intact with volatility on the 4h chart
GBPCHF, trend intact although CHF showed some weakness
GBPJPY, trend intact with volatility on the 4h chart
NZDJPY, trend intact with volatility on 4h and 1d chart
USDJPY, trend intact  

 

Possible signal for today

AUDCHF, on increased momentum
AUDJPY, on increased momentum
AUDNZD, on increased momentum
EURAUD, on increased momentum
USDJPY, on increased momentum

It is Friday again and I prefer not to trade on a Friday as I don’t like sleep overs on the weekend.

If you need info on the analysis please email me on chrizette@realtrader.co.za

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