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2013-02-27
Daily Currency Strength and Weakness Analysis

USD is the strongest currency, continuing its gradual increase in strength.
JPY is the 2^nd strongest currency, still increasing at a rate second to none!
CHF is the 3^rd strongest currency, not really going anywhere at the moment.
NZD is the 4^th strongest currency, falling like a rock, losing more and more strength.

GBP is the weakest currency, showing a small sign of strength.
CAD is the 2^nd weakest currency, flat after the last couple of day’s weakness.
EUR is the 3^rd weakest currency, continuing its downward spiral.
AUD is the 4^th weakest currency, suddenly back in the weak side of the markets.

Ideal currency pairs seem to be:

EURJPY (Short), NZDJPY (Short), AUDJPY (Short) and EURUSD (Short)

Traders note: Always be on your toes when a currency shows sudden strength or weakness, it might be short lived. Remember ANYTHING CAN HAPPEN, so there is no such thing as a sure thing in trading!

Happy Trading!

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