Daily Currency Strength and Weakness Analysis

AUD is the strongest currency and after a few days of weakness it is performing nicely.
USD is the 2nd strongest currency, but it is edging into weakness.
NZD is the 3rd strongest currency and following AUD it is pushing into strength again.

JPY is the weakest currency but after its weakness it bullish today.
EUR is the 2nd weakest currency and after its sudden strength it is falling into weakness again.
CHF is the 3rd weakest currency and like EUR it is now edging down again.
GBP is the 4th weakest currency and after a bullish run it is falling back again.
CAD is the 5th weakest, bordering on strength, it is however also falling today.

Ideal currency pairs seems to be:

EURAUD (Short), AUDCHF (Long), GBPAUD (Short),
EURNZD (Short) and NZDCHF (Long)

Traders Note: The current strength and weakness play is the basis of major trends, if they continue. So we are seeing a lot of signals on our daily charts, but remember there is still a lot of volatility in the markets and we need to watch our trades closely, any sudden change should warn us to take profit.

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