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2013-01-10
Daily Currency Strength and Weakness Analysis


NZD is the strongest currency, still very bullish.
AUD is the 2nd strongest currency, strengthening with force.
Cad is the 3rd strongest currency, steady climb continuing.
USD is the 4th strongest currency, edging up.
EUR, CHF and GBP is still above the 0 line on the strong side but rapidly falling into weakness.

JPY is the weakest currency, falling sharply after it tried to strengthen.

Ideal currency pairs seems to be:

EURNZD (Short), EURAUD (Short), EURCAD (Short), NZDCHF (Long), AUDCHF (Long)
CHFCAD (Short), GBPNZD (Short), GBPAUD (Short), GBPCAD (Short), GBPUSD (Short)
NZDJPY (Long), AUDJPY (Long), CADJPY (Long), USDJPY (Long)

Traders note: It looks like Christmas this morning, but don�t be fooled!! Take the opportunities with care and make sure to stay on top of your trades. If, and only if the market continues with its current move there will be LOTS of pips to make� but as we know anything can happen!!!

 

 


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