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Daily Currency Strength and Weakness Analysis
USD is the strongest currency, showing strength again after the weakness in the beginning of the week.
GBP is the weakest currency, showing more weakness after tried to strengthen.
Ideal currency pairs seem to be:
USDGBP (Long), GBPAUD (Short), AUDCHF (Long) and USDCHF (Long)
Traders note: Due to JPY’s change yesterday we need to watch it closely today to see what it’s going to do. So keep an eye on your open trades. EUR is flat and could go either way today so be aware. USD and GBP are both fluctuating from day to day so be careful when you enter a trade with either of them in.
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