JOIN OUR MAILING LIST
Blog


2013-03-26
Daily Currency Strenth and Weakness Analysis


AUD is the strongest currency, strengthening again.
USD is the 2nd strongest currency, still moving sideways.
NZD is the 3rd strongest currency, flat this morning.
CAD is the 4th strongest currency, continuing its bullish movement.
GBP is the 5th strongest currency, wanting to strengthen more>

EUR is the weakest currency, continuing to show weakness.
CHF is the 2nd weakest currency, showing more weakness.
JPY is the 3rd weakest currency, pushing into strength with vigor.

Ideal currency pairs seem to be:

EURAUD (Short), AUDCHF (Long), EURGBP (Short) and EURCAD (Short)

Traders note: Most of the ideal pairs have the EUR in so be sure to check for the most stable trend and strongest signal to choose which of the pairs to trade. AUD is not so strong even with it sowing strength, it could be just sideways movement.

Happy Trading!!!


Back Back to top

Forex Risk Warning