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2014-10-06
Daily Forex Analysis

Currency strength

USD, JPY and AUD are on the strong side of the field, although USD is still showing some weakness.

NZD, GBP, CHF and EUR are on the weak side of the field with NZD still adamant to strengthen.

CAD is very much still indecisive fluctuating between strength and weakness.

Current Daily Currency Trends

AUDJPY, sideways on 4h charts
AUDNZD, daily trend intact showing promise on 4h
AUDUSD, volatile on 4h chart
CHFJPY, daily trend change is confirmed and is now a down trend
EURCHF, bullish trend confirmed
EURJPU, down trend confirmed
EURNZD, trend still intact
EURUSD, down trend still intact
GBPCAD, down trend confirmed
GBPNZD, upward trend intact
GBPUSD, down trend still intact
NZDCAD, down trend still intact
NZDJPY, down trend intact
NZDUSD, down trend intact
USDCAD, uptrend intact
USDCHF, uptrend intact
USDJPY, uptrend intact

Possible signals for today

CHFJPY, on increased momentum
NZDCAD

If you would like more info regarding the analysis email me on chrizette@realtrader.co.za

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