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2013-03-14
Daily Currency Strength and Weakness Analysis

AUD is the strongest currency, continuing its strong bullish trend.
USD is the 2^nd strongest currency, showing some strength again after 2 days of weakness.
CAD is the 3^rd strongest currency, strengthening again.

GBP is the weakest currency, showing more strength.
CHF is the 2^nd weakest currency, weakening even more.
EUR is the 3^rd weakest currency, edging down to more weakness.
JPY is the 4^th weakest currency, continuing weakness.
NZD is the 5^th weakest currency, losing more strength.

Ideal currency pairs seem to be:

AUDJPY (Long), EURAUD (Short), AUDCHF (Long) and AUDNZD

Traders note: AUD is still performing well and we hope it will continue. Remember that the more pairs you trade including the AUD increases your risk so choose the 2 strongest trending pairs to trade. This will balance your risk a lot better.

Happy Trading!!

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