Currency Strength Today, 4 November 2026: Yesterday’s Pick Reached All Three Targets. Here Is What The Trailing Stop Did For Every Other Ticket

Currency strength today shows a board that changed hands overnight: the British pound now leads on its own, the New Zealand dollar has fallen to last, and the US dollar has climbed out of the bottom three in a single day. Yesterday’s Pick of the Day, CHFJPY, reached all three targets on the 1 hour. Here is the full board at a glance, then the story behind it.

Quick Answer

Currency Strength Today, 4 November 2026

Strongest

GBP then CHF and CAD

Weakest

NZD then JPY and AUD

The US dollar climbed out of the bottom three into the middle in a single day.

Today’s Three Pairs · No Currency Shared

★ EURCHF SELL
Pick of the Day

NZDCAD SELL

GBPJPY BUY

✔ Yesterday’s Pick, CHFJPY: all three targets reached on the 1 hour.
🛡 Trailing stop: four other tickets now show their stop level in front of the entry.

Watch a rock climber for a minute and you will notice something.

They do not climb the whole wall and then clip in at the top. Every few metres, they stop, reach down, and clip the rope into the next anchor. It costs them a few seconds each time. And every clip changes one thing: how far they can fall.

At the bottom of the wall, a slip means a long drop. Halfway up, with the rope clipped in above their last step, the same slip means a short one. The wall has not changed. The climber has not changed. Only the last anchor has.

That is what a trailing stop does. And yesterday it was the most important thing on our board.

This currency strength today read covers the board, today’s three pairs and the dollar. But first, yesterday’s tickets: which ones reached their targets, and how far the rest can still fall. One of them did slip. By the end of section 1, you will see exactly how short the fall was.

1. What Changed Since Yesterday: Targets Reached, And A Shorter Fall

Yesterday’s Targets Reached

In yesterday’s currency strength read, our Pick of the Day was CHFJPY, with GBPUSD and NZDCAD alongside it. Here is what the panel shows this morning:

The CHFJPY 1 hour is the relay runner from yesterday’s CHF JPY forecast, the one we said was near the end of its leg with one target left. It finished the leg. CHFJPY pushed up to around 194.10 in the early hours of today, through Target 3 at 193.631, and the status now reads All targets reached.

Every one of those levels, the entry, the stop and all three targets, was on the panel before the move happened. Nobody drew them on afterwards. That is what the 28 Pair Edition puts on your own charts, on CHFJPY and 27 other pairs.

How The Trailing Stop Shrank The Fall

Reaching targets is the part everyone likes to show. The part that keeps an account alive is what happens when a trade turns. Here is where five of yesterday’s tickets stand this morning.

Now look at it the way the climber would.

When these five tickets printed, each one had its full fall ahead of it. At 0.5 percent risk on a $10,000 account, that is $50 per ticket, $250 in total, if every one had dropped all the way to its original stop.

This morning, four of them show their trailing stop in front of the entry. For anyone who moved their stop to the panel’s level, those four can no longer close at a loss. The fall below the entry is gone.

And the fifth, the one that slipped? The CHFJPY 30 minute reached Target 1 at 193.422, then pulled back and closed at its trailing stop at 192.910, 9.8 pips behind its entry instead of 41.4.

The trailing stop cut the fall by more than three quarters. Of $250 of planned risk across five tickets, the only cost so far is about $11.84, and the other four have no fall left below their entries.

That is the anchor clipped in above your last step. The Direction Sniper panel shows the trailing stop level on every ticket, on every chart, so you always know how far the trade can still fall. You move your own stop to match it.

GBPUSD: The Wait Paid Off

GBPUSD was the pair waiting for its 1 hour yesterday. The 1 hour joined overnight, the status now reads Buy on M30, H1, H4, and the 4 hour has reached Target 1 at 1.34555. Waiting for the rest of the team to come out of the tunnel cost nothing, and the panel showed exactly when they did.

The Table

Two big moves. The US dollar climbed from the bottom three into the middle in a single day, the biggest jump on the board. And the New Zealand dollar fell all the way to last.

2. This Morning’s Board

The banner at the top of this post is this morning’s Direction Scanner, the tool we built to read all 28 pairs at once on the 4 hour and the daily. It is still under development, and we use it in public every day, misses included.

Nine pairs are trending this morning, meaning the 4 hour and the daily agree. Eleven are in dips and rallies, where the bigger charts disagree. And eight are on the avoid list, because their bigger charts keep changing their mind.

The Biggest Gap On The Board, And Why We Are Leaving It Alone

On paper, the best fixture today is GBPNZD: the strongest currency against the weakest. No pair has a wider gap between its two sides.

And it is on the avoid list. Its daily chart has changed direction twice in the last 20 days.

Think of the climbing wall again. A wall with the best view is no use if the rock keeps crumbling. A strong currency against a weak one only matters if the bigger chart holds its direction long enough to climb. On GBPNZD, it has not. So the widest gap on the board is the pair we are leaving alone. Checking 28 daily charts for this by hand every day would take an hour. The Direction Scanner does it at a glance, which is exactly why we built it.

We explain why the strongest against the weakest is only the starting point in our guide to strong vs weak currency pairs.

3. Today’s Three Pairs: Six Currencies, No Overlap

We only pick from the trending list, and each currency is used only once. Today, the scanner’s Top 3 fits both:

Since the morning read, all three have printed a ticket. Each tells a different story.

Pick Of The Day: EURCHF, The Most Room

The 1 hour sell printed at 04:00 at 0.91610.

1. Stop: 0.91947
2. Target 1: 0.91273
3. Target 2: 0.90935
4. Target 3: 0.90598

EURCHF has bounced since, to 0.91725, about 11.5 pips above the entry. From there, the stop is 22.2 pips away and Target 1 is 45.2 pips away. Of today’s three, that is the most room for someone arriving now.

On the 1 hour chart, every rally since late October has stopped lower than the last: around 0.9248 on 28 October, around 0.9215 on 2 November, around 0.9190 on 3 November. The status reads Sell on M30, H1, H4, with only the 15 minute still bouncing. For every timeframe, read today’s EUR CHF forecast.

NZDCAD: The Anchor Already Clipped

The 15 minute sell printed at 05:45 at 0.78167, with every timeframe reading DOWN. Its original stop was 0.78330, 16.3 pips above the entry. The panel’s trailing stop already shows 0.78243, so the fall from the entry is already down to 7.6 pips.

1. Target 1: 0.78004
2. Target 2: 0.77841
3. Target 3: 0.77678

NZDCAD is at 0.78201, just above the entry, and the trailing stop is only 4.2 pips away. A tight anchor, which matters for section 5.

GBPJPY: Biggest Gap On The Trending List, Still Waiting

GBPJPY has the widest gap of any trending pair. The 15 minute buy printed at 07:00 at 212.420, with its stop at 212.187 and Target 1 at 212.653.

But the 30 minute and the 1 hour still read DOWN, so the status reads Buy on M15, H4. Like GBPUSD yesterday, one fast chart has turned first. The setup is complete when the 1 hour joins.

These are the pairs we are watching, not trade recommendations.

4. News Watch

Think of news as weather on the climbing wall. The route does not change, but a gust can shake you off a hold you would normally keep.

Here is what is on the calendar today, in GMT:

The one to watch is the Eurozone inflation figure at 10:00 GMT, because it lands directly on the euro side of EURCHF. A surprise in either direction can move the pair sharply for a few minutes, and a stop that sits inside that wobble can be reached even when the bigger trend does not change.

The three US releases do not touch any of today’s pairs. But the dollar has just climbed from the bottom of the board to the middle, and gold and silver react to US data, so they matter for today’s Gold Check.

Release times can change, so confirm them on your own calendar before you act. If you are holding a ticket through a release, the lesson in section 6 matters even more.

5. USD Check: No Call

The US dollar is now 4th of 8, right in the middle, after climbing from the bottom three in a single day. With the dollar sitting at neither end, the scanner gives no call on the dollar today.

Gold and silver still read DOWN on the 4 hour and the daily, and both have for more than five days. The gold 4 hour sell closed at its trailing stop 39.15 points in front of its entry, after reaching Target 1. Gold is bouncing again on its faster charts, and the panel is waiting. Silver’s 4 hour sell is still running, with Targets 1 and 2 reached and its trailing stop 160.6 cents in front of the entry.

For every gold and silver timeframe, read today’s gold and silver price forecast.

6. Lesson Of The Day: A Tight Anchor Means A Bigger Lot

Every ticket gets the same risk. We risk at most 2 percent per trade, usually 0.5 percent, so on a $10,000 account that is $50, whichever pair it is.

Here is what that means for today’s three, measured from where price is now:

1. NZDCAD, with the trailing stop 4.2 pips away: one pip on a standard lot is 10 Canadian dollars, roughly $7.16, so $50 of risk is about 1.66 lots.
2. EURCHF, with the stop 22.2 pips away: one pip is 10 Swiss francs, roughly $12, so $50 of risk is about 0.18 lots.
3. GBPJPY, with the stop 23.4 pips away: one pip is 1,000 yen, roughly $6.33, so $50 of risk is about 0.33 lots.

Look at NZDCAD. 1.66 lots looks enormous next to 0.18. But it is the same $50. A tight stop does not mean less risk. It means a bigger lot for the same risk, and a stop that the normal spread and wobble of a 15 minute chart can reach very quickly.

That is the climber’s trade off. Clip the rope close and the fall is short, but you will feel every slip. Clip it further away and the fall is longer, so you carry less weight. Either way, the size is set by the stop, never the other way round. Always round down, never up.

Work out your own size in seconds with our free EURCHF Lot Size Calculator. It covers all 28 pairs, gold, silver, Bitcoin and Ethereum.

On a small account, a cent account makes the right sizes possible. For small balances we recommend a RoboForex Cent account or an XM Micro account. These are partner links, so we may receive a commission at no cost to you.

If you are worrying about every trade, your lot size is still too big.

Every Anchor, Every Day

Put the morning together.

The New Zealand dollar fell to last, the US dollar climbed to the middle, and the pound now leads on its own. The widest gap on the board, GBPNZD, stays on the avoid list. Today’s three pairs, EURCHF, NZDCAD and GBPJPY, use six currencies and share none.

Yesterday’s Pick of the Day, CHFJPY, reached all three targets on the 1 hour. And the rest of yesterday’s tickets showed what the climber knows. Of five tickets with $250 of planned risk between them, four now show their trailing stop in front of the entry, and the one that slipped fell 9.8 pips instead of 41.4.

That is Direction Sniper:

• Direction. One verdict from the 4 hour and the daily. On today’s three pairs, it reads SELL, SELL and BUY.
• Rallies and bounces that have not broken structure. EURCHF bounced above its entry this morning. Its bigger charts did not turn.
• The stop loss. Every ticket arrives with its stop and three targets marked, and the trailing stop level shows you, every day, how far the trade can still fall.

The Direction Scanner shows you which pairs to watch. The 28 Pair Edition gives you what the scanner alone does not: the entry, the stop and three targets on EURCHF, NZDCAD, GBPJPY and every other major, minor and cross, MT4 or MT5, on one licence.

See the 28 Pair Edition

The Direction Scanner is something we are building to manage and scan the 28 pairs ourselves. It is still in development, and we use it in public, with full transparency. If something on the board is confusing, or you would like it to show something it does not, tell us. Reply to any Daily Sniper Read email, and every message gets read.

Every morning’s board lives on our Currency Strength Today page. Want it in your inbox? Join The Daily Sniper Read, free, every trading day.

Disclaimer: This post reports what the Direction Scanner and the Direction Sniper panel showed on 4 November 2026. The tickets were running at the time of writing, and prices will have moved by the time you read this. It is educational analysis, not financial advice and not a trade signal service, and nothing here is a recommendation to buy or sell. Price reaching a published target or stop level is not the same as a realised result. A target shown as reached, or a ticket shown as closed, describes the panel and does not describe anyone’s trade. Dollar figures for risk and cost are arithmetic for illustration at 0.5 percent of a $10,000 account. High and low levels are approximate readings from the chart. Pip values and lot sizes depend on the exchange rate and are not a recommendation about how much anyone should trade. Forex trading carries risk, and you should only trade money you can afford to lose.