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2012-11-01
Daily Currency Strength and Weakness Analysis


Aud is the strongest currency and still going strong.
CHF is the 2nd strongest and after a couple of days positive run it is weakening again.
EUR is the 3rd strongest and also falling a bit after its improvement.
NZD is the 4th strongest and strengthening with serious momentum.
GBP is the 5th strongest and also strengthening at a rapid pace.

JPY is the weakest currency and weakening by the hour.
CAD is the 2nd weakest currency and falling steadily.

Ideal currency pairs for now seems to be:

AUDCAD (Long), AUDJPY (Long), NZDCAD (Long), NZDJPY (Long),
GBPCAD (Long) and GBPJPY (Long)

Traders Note: No trading with the EUR, CHF and USD for now as there is no real direction for them yet.

Please note that this is only an 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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