USDCAD Trend & Momentum 31-Aug-2014

USDCAD has steeply gone down for last week and closed around 1.087 at the end of the week. CAD has been stronger against some major currencies such as AUD, USD, EUR or GBP. Trend and momentum of USDCAD and AUDCAD are better fitted relatively.

The indicator implies USDCAD reached at bottom of both trend and momentum, and it could be reversed from early next week.


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

GBPAUD Trend & Momentum 19-Aug-2014

GBPAUD has been declined over the last week, and now it is at around 1.786 less than 1.800.

 The trend & momentum indicate GBPAUD could be reversed to go up in this week while the shorter term momentum shows downward signal at the moment.

GBPAUD had marked above 1.800 most of time for last months, and there seems be pressure pushing back to the level.

On the other hand, there is downward risk in long term scaled such as yearly basis. This issue has been posted here.


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

NZDUSD, NZDJPY Trend & Momentum 16-Aug-2014

NZD has been stronger against some currencies such as USD, JPY or GBP for last week, inverted against the week before that time.

The trend and momentum indicators are better fitted in NZDUSD and NZDJPY, which imply the upside of them is limited in a coming week at around 0.851 for NZDUSD and 87.35 for NZDJPY respectively.


Long-term trend shows both NZDUSD and NZDJPY state near highest level for last 1-2 years as strong NZD in that period.


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

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.