Forex Analysis

Currency strength and weakness analysis based on daily performance

CHF continues in strength
JPY and USD showing strength
AUD, NZD, and EUR steadily weakening
GBP and CAD trying to strengthen but still weak

Current daily trends

AUDJPY, trend intact
AUDUSD, trend intact
CADJPY, trend intact
EURGBP, trend intact
EURJPY, trend intact
EURUSD, trend intact
GBPAUD, trend almost confirmed
GBPJPY, trend intact but very volatile on 4h chart
GBPNZD, trend confirmed
NZDJPY, trend intact
NZDUSD, trend intact
USDCAD, trend intact

Possible signal today or tomorrow

CADJPY, should JPY continue to strengthen
GBPAUD, should AUD continue to weaken
GBPNZD, should GBP continue to strengthen
USDCAD, should USD continue its strength

We are seeing some steady trends based on daily chart which could actually hold although there is some EUR news coming out that could shake the boat again. Keep your stops close…


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