Daily Forex Analysis

Currency strength and weakness analysis based on 4h performance

CAD losing value

GBP picking up after some weakness

USD continuing its weakness of yesterday

EUR and CHF not really going anywhere

NZD and JPY strengthening

AUD showing some strength after yesterday’s weakness

Current daily trends

GBPJPY, trend intact, flattop triangle on the 4h chart

Possible signal for today or tomorrow

GBPJPY, if the flattop triangle resistance is broken

Still the market is in a turning season. We only see one possible trade based on a perfect price pattern.

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Forex Risk Warning