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2012-10-16
Daily Currency Strength and Weakness analysis


EUR and CHF is currently the strongest currencies, however, they are a bit flat. USD is the 3rd strongest currency and slowly improving. CAD is the 4th strongest and losing strength.
AUD is currently the weakest currency but it is improving stongly every day. JPY is the 2nd weakest, weakening steadily. NZD is the 3rd weakest also edging down. GBP is the 4th weakest, moving down slowly.

Ideal currency pairs to trade today seem to be:
CADCHF (Short), CHFJPY (Long), EURAUD (Long),
EURGBP (Long),EURJPY (Long), EURNZD (Long),
EURUSD (Long), GBPCHF (Short) and NZDCHF (Short).  

Please note that this is only a ideal pair and direction indication! You need to determine your entry based on the strategy you trade. If you do not have a strategy join our next

Free Trading Workshop.                       


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