JOIN OUR MAILING LIST
Blog


2014-11-21
Daily Forex Analysis


Currency strength and weakness Analysis based on 4h performance

CHF and EUR still showing some strength although they are flattening a bit

CAD and USD still sideways, not really going anywhere

NZD and AUD still losing strength

GBP is the only one to sustain its increased performance for now

JPY still hovering then a little up and then a little down

Current daily trends

AUDNZD, a lot of volatility on the 4h chart
CADJPY, trend intact, sideways on 4h chart
CHFJPY, trend intact, the long wick on yesterday’s candle shows the bulls losing momentum
EURGBP, trend intact, sideways on 4h chart
EURJPY, trend intact, the long wick on yesterday’s candle shows the bulls losing momentum
GBPUSD, trend intact, sideways on 4h chart
NZDJPY, trend intact a bit sideways on 4h chart
USDJPY, trend intact, the long wick on yesterday’s candle shows the bulls losing momentum

No signals for today, will have to wait for Monday. Have a great weekend!

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

To learn how to trade Forex                                                                        


Back Back to top

Forex Risk Warning