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Daily Currency Strenth and Weakness Analysis
AUD is the strongest currency, flat this morning.
EUR is the weakest currency, continuing to fall like a rock.
Ideal Currency pairs seem to be:
EURAUD (Short), EURNZD (Short), EURCAD (Short), NZDCHF (Long), AUDCHF (Long) and EURGBP (Short)
Traders note: As the EUR is still the weakest currency continuing its movement it is a favorite to match with the stronger currencies, but remember, the more trades you take with the EUR as one of the currencies in the pair the bigger you risk becomes! Do your trend analysis on all the ideal pairs and make sure the Ichimoku confirms the strength of the trend. ALL 5 rules must be met before we trade the signal!!
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