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2013-03-19
Daily Currency Strength and Weakness Analysis

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

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