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2015-01-20
Forex Analysis

Currency strength and weakness analysis based on 4h performance

CHF is losing more ground slowly
JPY, USD, AUD, GBP, CAD and EUR are all showing some strength with NZD very flat

Current daily trends

AUDCAD, trend intact
EURAUD, trend intact
EURCAD, trend intact with volatility on 4h chart
EURGBP, trend intact
EURJPY, trend intact
EURNZD, trend intact
EURUSD, trend intact
GBPAUD, trend intact with volatility on 4h chart
GBPUSD, trend intact
USDCAD, trend intact

Possible entries for today and this week

EURUSD

There is a big lull in the markets at the moment, almost as if everyone is waiting for something big to happen… or maybe there was a big shuffle in the world after the surprising and yet possible devastating move the CHF made last week. There are quite a few brokerage houses that had to close their doors or took a heavy beating.

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

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