Daily Currency Strength and Weakness Analysis

AUD is the strongest currency, showing some strength again.
USD is the 2nd strongest currency, pulling up slightly after the week’s weakness.
CAD is the 3rd strongest currency, continuing on its bullish trend.
NZD is the 4th strongest currency, flat after it crossed into strength.

JPY is the weakest currency, falling into weakness again.
EUR is the 2nd weakest currency, trying hard to show some strength.
CHF is the 3rd weakest currency, edging down into weakness.
GBP is the 4th weakest currency, pushing into strength.

Ideal Currency Pairs seem to be:

AUDCHF (Long), AUDJPY (Long), CHFCAD (Short) and CADJPY (Long)

Traders note: Seeing some trends continuing, great news for us! There is still a lot of volatility in the markets so be careful, if the daily candles on your chart are very big I suggest you check out the h4 charts first. Determine the price range and make sure it is not too wide for your risk profile!

Happy Trading!!

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