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2013-01-21
Daily Currency Strength and Weakness Analysis

EUR is the strongest currency, losing some ground after a bullish run last week.
NZD is the 2^nd strongest currency, still negative after it started weakening last week.
AUD is the 3^rd strongest currency, edging downwards.
USD is the 4^th strongest currency, weakening after its strength last week.
CAD is the 5^th strongest currency, edging down after last week’s strength.

JPY is the weakest currency, suddenly strengthening again after its losses last week.
GBP is the 2^nd weakest currency, continuing its weak performance.
CHF is the 3^rd weakest currency, edging down after a show of strength last week.

Traders Note: There are no ideal pairs this morning as all the strong currencies are weakening this morning. We will wait for some clearer direction, before we attempt to trade.

Risk Warning : Trading in forex is one of the riskiest forms of investment available in the financial markets and suitable for sophisticated individuals and institutions. The possibility exists that you could sustain a substantial loss of funds and therefore you should not invest money that you cannot afford to lose.

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Trading in Forex is one of the riskiest forms of investment available in the financial markets and suitable for sophisticated individuals and institutions. The possibility exists that you could sustain a substantial loss of funds and therefore you should not invest money that you cannot afford to lose.

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