Daily Forex Analysis


Currency strength and weakness analysis based on 4h performance

NZD and AUD is still falling this morning.

EUR, CHF and CAD are showing strength.

USD and GBP picked up in performance.

JPY is still sideways, not showing any clear direction.

Current daily trends

AUDJPY, trend still intact, sideways on 4h due to AUD weakness.
CADJPY, trend still intact
CHFJPY, trend still intact
EURGBP, trend intact
EURJPY, trend intact
GBPCAD, trend intact
GBPCHF, trend intact
GBPUSD, trend intact
NZDJPY, trend intact
USDJPY, trend intact

Possible entry for today and tomorrow

CADJPY, only if CAD continues its strength
EURGBP, with GBP pulling up a bit there could be risk here
USDJPY, if USD keeps strengthening

The EUR and CHF are both showing promise on daily and 4h chart if we match them with a currency that is showing continued weakness it’s like magic…

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