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2013-06-04
Daily Forex Trend Analysis

Current Ideal currency pairs according to strength and weakness:

EURCAD: CADJPY

New Trends:

EURUSD (Long)

Ideal currency pairs trending:

CADCHF (Short): CADJPY (Short): EURAUD (Long): EURCAD (Long): GBPAUD (Long): GBPCAD (Long): GBPNZD (Long)

Trending pairs, but with volatility:

AUDCHF (Short): AUDJPY (Short): EURNZD (Long): NZDJPY (Short): NZDUSD (Short): USDCAD (Long).

Possible signal for today on h4:

AUDCHF (Short): AUDJPY (Short): CADCHF (Short): EURAUD (Long): EURCAD (Long): EURNZD (Long): GBPAUD (Long): GBPCAD (Long): GBPNZD (Long): NZDCHF (Short): NZDUSD (Short)

No go:

AUDCAD: AUDNZD: AUDUSD: CHFJPY: EURCHF: EURGBP: EURJPY: GBPCHF: GBPJPY: GBPUSD: USDCAD: USDCHF: USDJPY

Traders note: USD losing significant strength, EUR and GBP is sideways. CHF and JPY are still pushing into bullishness. CAD is continuing to weaken. AUD and NZD are trying to strengthen a bit. Lots of new opportunities appearing as some trends seem to be stabilizing… Will have to see if they can sustain their trends…

Happy Trading!!

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