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2012-12-13
Daily Currency Strength and Weakness Analysis


 NZDJPY

 

 

 

 

NZD is the strongest currency and steamrolling forward.
EUR is the 2nd strongest currency, still very bullish.
AUD is the 3rd strongest currency, bullish after a bit of a slump.
CHF is the 4th strongest currency, strengthening nicely after a bearish run.
CAD is the 5th strongest currency, pulling up again after some weakness.
GBP is the 6th strongest currency, still hovering around strength and weakness and pulling to weakness for now.

JPY is the weakest currency, continuing its bearish fall from yesterday.
USD is the 2nd weakest currency, edging down.

Ideal Currency pairs seems to be:

NZDJPY (Long), NZDUSD (Long), EURJPY (Long), EURUSD (Long) and AUDJPY (Long)

Traders note: As AUD�s strength has only returned now be careful of a trade with it now. It needs to prove itself. NZD and JPY might be running out of steam in their extreme runs so be careful not to chase in these trades, wait for some momentum loss and then get a signal to enter again.

 


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