JOIN OUR MAILING LIST
Blog


2014-11-17
Daily forex Analysis


Currency strength and weakness analysis

NZD and AUD continues to show strength this morning.

EUR and CHF is still not clear in direction.

CAD and USD are losing ground again.

GBP continues weakness.

JPY is sideways but on the weakened side.

Current daily trends

AUDJPY, trend intact although there was a serious pullback this morning
AUDNZD, trend intact but not an ideal match
CADJPY, trend intact although there was a serious pullback this morning
CHFJPY, trend intact although there was a serious pullback this morning
EURJPY, trend intact although there was a serious pullback this morning
EURNZD, trend intact but beware of the gap on 4h chart
GBPAUD, trend intact depending on GBP continuing its weakness
GBPCAD, trend intact depending on GBP continuing its weakness
GBPCHF, trend intact depending on GBP continuing its weakness
GBPNZD, trend intact depending on GBP continuing its weakness
GBPUSD, trend intact but with USD also weakening it can turn
NZDCAD, trend intact but beware of the gap on 4h chart
NZDCHF, trend intact but beware of the gap on 4h chart
NZDJPY, trend intact and gap has been closed
USDJPY, trend intact but be aware as both are weakening, not ideal match

 

No possible signals this morning. Typical Monday morning. Let’s see what happens during today.

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

To learn more about forex                                                               


Back Back to top

Forex Risk Warning