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2014-11-18
Daily Forex Analysis


Currency Strength and Weakness analysis based on 4h performance

NZD is still the strongest although it was sideways all day yesterday.

AUD is showing some weakness.

CAD, CHF and EUR is still sideways, not really going anywhere.

USD showed some strength and turned into weakness this morning.

JPY is still weak but not weakening and GBP’s weakening has also slowed down.

Current daily trends

AUDJPY, trend intact
AUDNZD, trend intact
CADJPY, trend intact
CHFJPY, trend intact
EURGBP, trend intact
EURJPY, trend intact
EURNZD, trend intact
GBPAUD, trend intact
GBPCAD, trend intact
GBPCHF, trend intact
GBPNZD, trend intact
GBPUSD, trend intact just be aware of USD weakness
NZDCAD, trend intact sideways on 4h chart
NZDCHF, trend intact
NZDJPY, trend intact
NZDUSD, trend confirmed volatility on 4h chart
USDJPY, trend intact just be aware of USD weakness

Possible signals for today and tomorrow

CADJPY, on increased momentum
CHFJPY
EURJPY
EURNZD
GBPCAD
GBPNZD
NZDCHF
NZDJPY, a little flat

Quite a few trades coming up, but be aware that we are seeing a bit of a lull in the performance of the currencies… this could be like a still before the storm..

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

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