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Daily Currency Strength and Weakness Analysis
CHF is the strongest currency, showing great strength at the moment.
JPY is the weakest currency, weakening again.
Ideal currency pairs seem to be:
AUDNZD (Short), NZDCAD (Long), AUDCHF (Short), EURAUD (Long), NZDJPY (Long), CHFJPY (Long)and EURJPY (Long).
Traders note: Be wary of AUDNZD as the 2 currencies have a tendency to follow each other. CHF and EUR are looking good, but don’t get too comfortable. CAD and AUD looks set in its weakness and should they continue we can see great profits in the combinations of it with EUR and CHF. Always remember that ANYTHING can HAPPEN, so never let your guard down… be diligent!
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