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Daily currency Strength and Weakness Annalysis
GBP is the strongest currency, a little down in strength.
JPY is the weakest currency, showing strength again.
Ideal currency pair seems to be:
AUDCAD (Short) and CADCHF (Long)
Traders note: There are a few trends in the market at the moment, but we do see a lot of large daily candles which means a lot of volatility. For an intraday trader this is ideal circumstances as the price ranges opens lots of trading opportunities, however, for a trend trader it makes it very difficult as our stops get stopped out too soon. We still see great potential in the AUDNZD trend and hope to have more entry opportunity, the perfect trend…
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