Daily Currency Strength and Weakness Analysis





NZD is the strongest currency, continuing its bullish trend slowing down a bit.
EUR is the 2nd strongest currency, weakening after its strength rally.
CHF is the 3rd strongest currency, edging up.
AUD is the 4th strongest currency, losing some ground.
CAD is the 5th strongest currency, lifting its head again to strength.
GBP is the 6th strongest currency, weakening again.

JPY is the weakest currency, continuing to spiral down.
USD is the 2nd weakest currency, strengthening slightly.

Ideal currency pairs seems to be:

NZDJPY (Long), NZDGBP (Long) and CHFJPY (Long)

Traders Note: Some instability is setting in again and we need to be careful to not wait for too much loss. Decide clearly how much you are willing to loose and don’t compromise!


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Forex Risk Warning