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2013-01-17
Daily Currency Strength and Weakness Analysis

NZD is the strongest currency, edging down again.
AUD is the 2^nd strongest currency, following NZD’s lead on the down side.
EUR is the 3^rd strongest currency, seems to be trying to gain strength again.
CAD is the 4^th strongest currency, still sideways.
USD is the 5^th strongest currency, edging up.

JPY is the weakest currency, rallying into strength.
CHF is the 2^nd weakest currency, pulling up into strength again.
GBP is the 3^rd weakest currency, edging down slowly.

Ideal currency pairs seems to be:

EURGBP (Long) and GBPUSD (Short)

Traders Note: The rest of the currencies are all in a short term move at the moment, being very risky. Will have to wait it out and see where the trends lead us.

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