Daily Forex Trading Analysis

January 11, 2013 in Forex

Forex

NZD is the strongest currency, flattening a bit during the night.
AUD is the 2nd strongest currency, continuing to rise strongly.
EUR is the 3rd strongest currency, turning sharply late afternoon yesterday into strength.
CAD is the 4th strongest currency, edging up.
CHF is the 5th strongest currency, also turned unexpectedly into strength yesterday.
GBP is the 6th strongest currency, bullish again after it lost some ground this week.
USD is the 7th strongest currency, weakening again after its attempt to strengthen.

JPY is the weakest currency, strongly weakening again after it tried to strengthen this week.

For ideal currency pairs and their direction:

http://www.realtrader.co.za/wnewsdisp.php?id=13975

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