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2013-01-04
Daily Currency Strength and Weakness Analysis

EUR and CHF are the strongest currencies but only barely, losing ground steadily.
CAD is the 3^rd strongest currency, strengthening daily.
USD is the 4^th strongest currency, moving forward strongly.
GBP is the 5^th strongest currency, losing ground rapidly.
AUD is the 6^th strongest currency, bullishly pushing forward.

JPY is the weakest currency, sideways after a bit of loss.
NZD is the 2^nd weakest currency, falling after its bullish run.

Ideal currency pairs seems to be:

GBPCAD (Long), GBPUSD (Long), AUDNZD (Long) NZDCAD (Short) and USDNZD (Long)

Traders Note: The weakness in the NZD might be short lived so be careful when you trade pairs with it in a pair. JPY’s weakness might also be over so if you have a trade with it, it may be a good time to take your profit.

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