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2012-10-17
Daily Currency Strength and Weakness Analysis


And it seems the race is on, EUR and CHF still the 2 strongest currencies and boy are they booming!!!
USD is 3rd stongest but falling to weakness.
AUD is the weakest currency and improving by the day.
JPY is 2nd weakest and falling strong to get to weakest position.
NZD 3rd weakest and also falling.
CAD is 4th weakest but it looks like it wants to beat the rest and become
weakest of them all.
GBP is 5th weakest and still losing some ground, otherwise a bit sideways in
performance.

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