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2012-11-16
Daily Currency Strength and Weakness Analysis

AUD is the strongest currency and still trending down.
USD is the 2^nd strongest currency, maintaining strength although not as vigilant.
NZD is the 3^rd strongest currency and bordering on the line between weak and strong, still edging down.

JPY is the weakest currency maintaining its fall to weakness.
EUR is the 2nde weakest currency still edging into strength.
CHF and GBP are the same at 3^rd weakest climbing steadily.
CAD is the 4^th weakest on the brink of strength, maintaining its up trend.

Ideal currency pairs:

USDJPY (Long), USDNZD (Long), CADJPY (Long), GBPJPY (Long),
CHFJPY (Long) and EURJPY (Long)

Traders Note: Be careful to match GBP, EUR and CHF with JPY as they are all still in the weak zone. CAD however is in the ideal position for a trade with the JPY. Just need to get a signal from our indicator to enter.

Don�t have your own way to get an entry signal? Join us for our 5 week Forex training program and learn all the crucial rules of Forex and risk management!! Now at a 40% discount for you!! Was R5000, NOW only R2950!

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