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Daily Currency Strength and Weakness Analysis
AUD and NZD are the two strongest currencies today, both a bit flat after the weekend.
JPY is the weakest currency, but strengthening steadily.
Ideal currency pairs seem to be:
EURAUD (Short), AUDCHF (Long), EURNZD (Short), NZDCHF (Long),
Traders note: It is always difficult to trade on a Monday before the US markets opens as the trends are not stable yet. With the AUD, NZD and USD a bit sideways this morning we will be careful of our trades.
Please note that this is only an ideal pair and direction indication! You need to determine your entry based on the strategy you trade. If you do not have a strategy join our next
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