AUDJPY Trend & Momentum 29-Jul-2014

Cross AUD currency pairs are better fitted in trend & momentum analysis while other FX are less fitted in a last few days.

AUDJPY is expected to be going down in a coming week according to the trend & momentum indicator as of 29-Jul.
AUD has been stronger against several currencies, and this signal implies AUD trend could be reversed in the week. Longer term risk at AUD was mentioned on the last article.

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EURAUD Trend & Momentum 26-Jul-2014

EURAUD has been gradually declined over the last 2 weeks while AUD has been stronger against several currencies such as USD, GBP or JPY.

Risk of further declining EURAUD remains, but for seeking the trend reversal, the trend & momentum signal indicates EURAUD get trend reversal to go up in next one week.

On the other hand, observed AUD in last 2 years, AUD had been weaken against most of the currencies due to several factors including Australian monetary policy. The economic situation seems be improved and the inflation pressure is still higher, and the long term trend reversal cannot be ignored for your trading position.

For more currency pairs, the trend & momentum indicators available on Google play.

Trend & Momentum goodness of fitting

QROSS X Trend & momentum is updated on every weekday, and its behavior is changing time to time. Goodness of fitting depends on historical FX being analyzed. Here are two samples of trend & momentum analysis, better fitted and less fitted.

(Better fitted)

(Less fitted)

You can download this apps on Google play.

EURUSD Trend & Momentum 21-Jul-2014

EURUSD had been stated around 1.360 and it has declined steeply around 1.350 - 1.355 in last week.

The trend & momentum indicates EURUSD could go up steeply and stated around 1.360 in this week. USD has been also strong against GBP, NZD, CAD or CHF for last 2 weeks, and USD trend could be reverted weaker in a coming week.

You can also check the trend & momentum analysis for other currency pairs with Android apps.

EURNZD Trend & Momentum 18-Jul-2014

EURNZD had gone down a week since 2 weeks ago, and it has been turned into upward trend after the decline.

The trend and momentum analysis of EURNZD detects turning point of the trend could be around the end of this week. It also shows the downward trend from early next week with frequent up and down momentum.

You can also check the trend and momentum signals for various currency pairs by our Android apps.

USDJPY Trend & Momentum 16-Jul-2014 (Following)

 USDJPY has started going up since the beginning of this week. The trend and momentum indicator shows it still has room to hike but its upper bound is likely limited in short term.

Other FX, especially cross-GBP, is less predictable due to the jump yesterday's market, and USDJPY is out of the influence, looking at the yesterday's market.


FX Signal by QROSS X

USDJPY Trend & Momentum 14-Jul-2014

USDJPY has drifted up and down. It had been upward trend for 1 week since 2 weeks ago, and it turned into downward trend by the end of last week.

The trend & momentum indicator currently shows USDJPY is expected to be on steep upward trend in this week.

Download Android apps "Forex Signal by QROSS X"

GBPNZD Trend & Momentum

GBPNZD has gone down last week, and the momentum still shows downward while the trend is steeply upward. The momentum indicator will be turned to upward early next week and the trend indicator is also expected to be upward.

It implies the trend and momentum will have same direction in next week.

[Android apps] Forex Signal by QROSS X

Forex Signal apps is available on Google Play.

Simple & Easy staff, but this is an instruction for the first-time users.

1) Open the apps, and click "All the indexes".

2) Click FX of which you would like to see the indicator.

3) Then, you see details of the indicator.

Oh by the way, "Universal Time Chart" is literary described in Universal time (UTC). 

AUDCAD Trend & Momentum

AUDCAD was expected to hike from 1-Jul, and currently AUDCAD is at around 1.0094 and the today's highest was at around 1.0116.

Analyzed by Trend & Momentum indicators, the peek is expected between 1.01 and 1.02. AUDCAD could be going up by middle of this week, but the upside is limited.


AUDCAD Trend & Momentum analysis

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