Daily Currency Strength and Weakness Analysis

AUD is still the strongest currency; however it is losing ground at a rapid rate.
NZD is the 2nd strongest currency, continuing to rise in strength.
CAD is the 3rd strongest currency, a bit flat after its bullish run.
USD is the 4th strongest currency, showing more weakness.
GBP is the 5th strongest currency, pushing into strength again.

EUR is the weakest currency, pausing it seems for some air.
CHF is the 2nd weakest currency, showing slight strength.
JPY is the 3rd weakest currency, continuing to strengthen.

Ideal Currency Pairs seem to be:

None for the moment

Traders note: Most of the strong currencies are showing weakness and the weak currencies are showing strength, this causes much confusion and you will find that the pairs that where trending are now showing sideways movement. This is normal and we just need to wait to see what is going to happen. REMEMBER: the money is made in the sitting not in the trading!!! ;-)

Happy Trading!!!

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