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2014-10-20
Daily Forex Analysis

20/10/2014

Currency Strength and Weakness Analysis

CHF, NZD and EUR are the 3 strongest performing currencies on 4h analysis.

USD, AUD, GBP and CAD are the 4 weakest performing currencies on 4h analysis however GBP and CAD is really trying hard to show some strength.

JPY is dropping like a stone, will it continue?

Currency trend analysis on daily charts

AUDNZD, trend intact although not a very stable trend
CADCHF, trend intact however seeing CAD challenging CHF
EURCAD, trend intact however seeing CAD challenging EUR
GBPCAD, trend confirmed
USDCAD, trend intact however I don’t like the long wicks on the daily chart

It seems there is a big shift happening again so the trends are few with now signals for today.

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

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