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2014-11-10
Daily Forex Analysis


Currency strength and weakness on 4h performance

USD, GBP, CHF and EUR all showed some strength but are now retracing.

JPY stopped its weakness and is still strengthening.

AUD showed some weakness but is now strengthening again.

CAD and NZD is still op and down
Current daily trends

AUDJPY, still intact although sideways on 4h
CADJPY, still intact
CHFJPY, still intact although sideways on 4h
EURJPY, still intact although sideways on 4h
GBPJPY, still intact although sideways on 4h
NZDJPY, still intact although sideways on 4h
USDCHFR, trend is ok but volatility on 4h
USDJPY, trend intact although sideways on 4h

Possible signals for today or tomorrow

CADJPY, only on continued strength of CAD

 

With JPY’s ongoing strength all our trends are now sideways and we have to wait for clear direction. Slow start to this week again.

For more info on the analysis please email me on chrizette@realtrader.co.za

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