The trend intensity signal for USD/JPY remains neutral and is consolidating, easing one notch to 21. The signal remains above trend-ready levels of 13 or below. The EUR/USD trend signal is neutral at 15. The GBP/USD trend signal is bearish and has stalled at 15.
The USD/CHF trend signal is neutral at 17. The EUR/JPY trend signal is neutral at 18. The EUR/GBP trend signal is bullish but has stalled at 32 for a second session and is near mature levels, of 35 and above, where trends often fail. These proprietary indicators are updated each trading day after the NY close.
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