Daily Currency Strength and Weakness Analysis

AUD is the strongest currency again today and surging up.
USD is the 2nd strongest currency and a bit weaker than yesterday.
NZD is the 3rd weakest and losing ground after its bullish run.

EUR is the weakest currency and it seems to be slowing down being a bit flat this morning.
CHF is the 2nd weakest currency and it looks like it wants to start strengthening again.
CAD is the 3rd weakest currency turning sideways after its sudden strength.
GBP is the 4th weakest also flat after its sudden weakening.
JPY is the 5th weakest and trying hard to win back some ground edging up this morning.


Ideal currency pairs it seems to be:


EURAUD (Short), AUDCHF (Long), AUDCAD (Long), GBPAUD (Short),

Traders note: Al the weak currencies are sideways today and are only a safe match with AUD as it is very robust, but due to their flatness we should still keep a close eye on all trades as any of the 5 can easily change to strength compromising our trades. Our two other strong currencies is directionless and we need to wait for them before we can match them with any of the 5 weak currencies.


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