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2012-11-26
Daily Currency Strength and Weakness Analysis


AUD is still the strongest currency, edging down.
CHF is the 2nd strongest currency, slightly flat after a bullish run last week.
NZD is the 3rd strongest currency, bullish for now with a turmoil history the last month.
EUR is the 4th strongest currency, a bit sideways after its sudden strength the last week.
USD is the 5th strongest currency, edging into weakness.
CAD is the 6th strongest currency, moving sideways.

JPY is the weakest currency, lifting its defeated head a little this morning.
GBP is 2nd weakest currency, edging between strength and weakness.

 

Ideal currencies seems to be:

 

EURJPY (Long), and CHFJPY (Long)


Traders note: Because EUR and CHF�s bullish momentum has slowed down and JPY is trying hard to strengthen, the movements of the trades will seem to be standing still. We hope to see some direction tomorrow.

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