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Blog

2015-02-02
Forex Analysis

Current daily trends

AUDJPY, trend intact
AUDUSD, trend intact
CADJPY, trend intact
EURNZD, trend confirmed
GBPAUD, trend intact
GBPCAD, trend intact and we are still in the trade it touched our 1.61 fib target but the order was not picked up and still looking good after a good pull back, could pull up my stop loss order into profit
GBPNZD, trend intact and we are still in the trade, a bit sideways at the moment so we wait
NZDJPY, trend intact
NZDUSD, trend intact
USDCAD, trend intact and we are still in the trade. Hovering around the 1.27 fib level but we are confidant it will reach our 1.61 fib target level

Possible signal today or tomorrow

AUDJPY, momentum is drying up and we should see a new entry on increased momentum
AUDUSD, momentum is drying up and we should see a new entry on increased momentum
EURNZD, a bit sideways but with a lot of promise should the EUR continue to strengthen
GBPAUD, momentum is drying up and we should see a new entry on increased momentum
GBPNZD, momentum is drying up and we should see a new entry on increased momentum
NZDJPY, momentum is drying up and we should see a new entry on increased momentum
NZDUSD, momentum is drying up and we should see a new entry on increased momentum

Trends are still strong with some sideways movement on some. Lots of potential this week.

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