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Daily Forex Analysis
Currency strength and weakness on 4h performance
USD, GBP, CHF and EUR all showed some strength but are now retracing.
JPY stopped its weakness and is still strengthening.
AUD showed some weakness but is now strengthening again.
CAD and NZD is still op and down
AUDJPY, still intact although sideways on 4h
Possible signals for today or tomorrow
CADJPY, only on continued strength of CAD
With JPY’s ongoing strength all our trends are now sideways and we have to wait for clear direction. Slow start to this week again.
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