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2012-11-02
Daily Currency Strength and Weakness Analysis


AUD is still the strongest currency and strengthening.
NZD is the 2nd strongest currency and climbing strongly.
CHF is the 3rd strongest currency but dropping like a rock.
USD is the 4th strongest currency and trying to improving slightly.
GBP is the 5th strongest currency and it is a bit flat.

JPY is the weakest currency and dropping nicely.
CAD is the 2nd weakest currency but it is strengthening rapidly.

Ideal currency pairs for today:

AUDJPY (Long), NZDJPY (Long) and GBPJPY (Long)

Traders note: If EUR and CHF weaken even more it can be an ideal match with AUD and or NZD.

 


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