Daily Forex Analysis

January 17, 2013 in Forex

NZD is the strongest currency, edging down again.
AUD is the 2nd strongest currency, following NZD’s lead on the down side.
EUR is the 3rd strongest currency, seems to be trying to gain strength again.
CAD is the 4th strongest currency, still sideways.
USD is the 5th strongest currency, edging up.

JPY is the weakest currency, rallying into strength.
CHF is the 2nd weakest currency, pulling up into strength again.
GBP is the 3rd weakest currency, edging down slowly.

Ideal currency pairs and their direction:

http://www.realtrader.co.za/wnewsdisp.php?id=14032

 

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