Forex Trend Analysis

May 20, 2013 in Forex

CAD and GBP are losing ground and we see it in all the trends we had, the price action has slowed down significantly and some even looks like it is going to reverse. USD is doing well thus showing a lot of promise in our trends. EUR is trying hard to maintain strength, but it is a bit sideways. AUD and NZD are showing some strength but it seems to be sort lived, will have to see. JPY is still strengthening but on the wrong side of the fence, will have to wait for it to give direction. CHF is weakening slowly on a sideways wave. At the moment some of our trends are holding, but if the currencies continue to do what they are doing, we will have to relook our trading trends.

For full trend analysis check out:

http://www.realtrader.co.za/wnewsdisp.php?id=15094

Daily Forex Trend Analysis

May 15, 2013 in Forex

Current Ideal currency pairs according to strength and weakness:

AUDCAD: AUDUSD: NZDUSD: USDCHF: NZDCAD

New Trends: EURUSD (Short)

Ideal currency pairs trending:
AUDUSD (Short): CADCHF (Long): GBPUSD (Short):  EURAUD (Long): AUDNZD (Short): GBPAUD (Long):NZDCAD (Short)

Trending pairs, but with volatility:
EURUSD (short): USDCHF (Long): USDJPY (Long): EURCHF (Long): EURJPY (Long): GBPCHF (Long): CADJPY (Long):
GBPJPY (Long): EURNZD (Long): EURCAD (Short): GBPCAD (Short): GBPNZD (Long):

No go:
NZDCHF: USDCAD: EURGBP: AUDCHF: AUDJPY: CHFJPY:  NZDJPY

Traders note:  Ideal gradient of a stable trending chart is between 35 and 55 degrees, less than 35 degrees will cause frustration as the price will be moving slowly, more than 55 degrees is very difficult to get an entry signal. Look at the price action first then the trend and then the indicator for your signal. Happy Trading!!

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Daily Currency Strength and Weakness analysis

May 2, 2013 in Forex

GBP is the strongest currency, showing some strength after the weakness.
EUR is the 2nd strongest currency, recovering after its weakness.
CHF is the 3rd strongest currency, flat after it showed some strength.
CAD is the 4th strongest currency, continuing its bullish run.

AUD is the weakest currency, showing more weakness.
JPY is the 2nd weakest currency, still pushing into strength.
USD is the 3rd weakest currency, strengthening a little bit.

Traders note: We have been seeing an awesome trend on the AUDNZD and have had numerous entries to date…. Just adding to our position…at the moment we are on 5 – 8% portfolio growth just on this pair… It pays to wait for that real trend and then ride it as long as it goes. Keep an eye on this one, we don’t know how long it will last.

For ideal currency pairs follow us on RealTrader blog:

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April 29, 2013 in Forex

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Daily Currency Strength and Weakness analysis

April 29, 2013 in Forex

GBP is the strongest currency, showing some weakness after the weekend.
NZD is the 2nd strongest currency, continuing to lose strength.
EUR is the 3rd strongest currency, wanting to turn into some strength.
CHF is the 4th strongest currency, weakening even more.

JPY is the weakest currency, the only currency showing continued strength.
AUD is the 2nd weakest currency, sideways after weakness.
CAD is the 3rd weakest currency, flat on the border between strength and weakness.
USD is the 4th weakest currency, also sideways on the border of strength and weakness.

Traders note: For the past week we have seen only volatility. None of the trends hold any ground making it very difficult to trade. Should you take a chance, be sure to do your money management and keep your stops close…

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Daily Currency Strength and Weakness Analysis

April 19, 2013 in Forex

NZD is still the strongest currency, even with its flat price movement at the moment.
CHF is the 2nd strongest currency, still showing some loss of strength.
GBP is the 3rd strongest currency, strengthening ever so slightly.
EUR is the 4th strongest currency, losing some more strength.

JPY is the weakest currency, continuing its losses.
AUD is the 2nd weakest currency, still strengthening.
CAD is the 3rd weakest currency, stronger than the day before.
USD is the 4th strongest currency, a bit flat after showing more strength.

For ideal currency pairs and their direction check out our RealTrader Blog: