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2014-10-27
Daily Forex Analysis

Currency strength and weakness analysis on 4h charts

AUD and CAD are the two strongest performing currency at the moment.

GBP and USD are not sure where they are going.

JPY, NZD, CHF and EUR are the four weakest performing currencies, however EUR and CHF is trying to improve.

Current daily trends

EURCHF, downtrend intact
GBPNZD, uptrend confirmed although 4h chart is sideways
NZDUSD, downtrend still intact although 4h chart is volatile
USDJPY, uptrend is confirmed although 4h is sideways

No new possible signals for today. The markets seems to still be waking up after the weekend and I strongly suggest no trading till later today as to see what the currencies actually want to do.

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

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