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2013-02-26
Daily Currency Strength and Weakness Analysis

USD is the strongest currency, losing a bit of strength.
NZD is the 2^nd strongest currency, showing some weakness.
CHF is the 3^rd strongest currency, continuing to weaken.
JPY is the 4^th strongest currency, strengthening with serious determination.
AUD is the 5^th strongest currency, pulling back after its bullish trend.

GBP is the weakest currency, showing some strength.
CAD is the 2^nd weakest currency, still gradually losing strength.
EUR is the 3^rd weakest currency, falling like a rock made from metal.

Ideal currency pairs seem to be:

EURJPY (Short), CADJPY (Short) and GBPJPY (Short)

Traders note: As all the matches are with the JPY we need to be careful of overexposure… We should not take more than 2 trades, so pick the two with the strongest signals.

Happy Trading!!

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