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2012-11-12
Daily Currency Strength and Weakness Analysis


AUD is the strongest currency pair and it seems to have gained new momentum.
NZD and USD is fighting for 2nd place, NZD aggressively bullish and USD flattish bearish.

EUR is the weakest currency on a steady pace down.
CHF is the 2nd weakest currency edging down as well.
CAD is the 3rd weakest currency pushing for strength.
JPY and GBP seem to be fighting for 4th place both falling sharply.

Ideal currency pairs seems to be:

GBPAUD (Short), AUDJPY (Long), EURAUD (Short), AUDCHF (Long), EURNZD (Short),
NZDCHF (Long), GBPNZD (Short), NZDJPY (Long)  and EURCAD (Short)

Traders Note: None of the trends are long winded and it is very difficult to sustain a long trade. Personally I will be taking profit when my oscillator reaches the opposite direction�

 

Excellent news!!!                                     

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