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2013-05-23
Daily Forex Trend Analysis


Current Ideal currency pairs according to strength and weakness:

AUDUSD: USDNZD: EURAUD: EURNZD

New Trends:

EURCAD (Long):  EURGBP (Long)

Ideal currency pairs trending:

AUDCAD (Short): AUDUSD (Short): EURAUD (Long): GBPAUD (Long):  NZDUSD (Short): USDCAD (Long).

Trending pairs, but with volatility:

AUDCHF (Short): AUDNZD (Short): EURNZD (Long): EURUSD (Short): GBPNZD (Long):  GBPUSD (Short): NZDCAD (Short): USDJPY (Long).

Possible signal for today on h4:

AUDNZD (Short);


No go:

AUDJPY: CADCHF: CADJPY: CHFJPY: EURCHF: EURJPY: GBPCAD: GBPCHF: GBPJPY: NZDCHF: NZDJPY: USDCAD: USDCHF

Traders note: USD is still gaining strength, helping us with our trends. EUR is also showing promise doing very well matched up with AUD that has resumed its weakness. CAD and GBP are still losing strength. JPY and CHF are showing some more strength. NZD is following AUD into weakness. Time will tell is all we can say, keep your stops close and take profit when you can, there will ALWAYS be another trade!

Happy Trading!!

 

 


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