Daily currency Strength and Weakness Analysis

February 19, 2013 in Forex

NZD is the strongest currency, still losing strength.
CHF is the 2nd strongest currency, continuing its bearish run.
USD is the 3rd strongest currency, weakening a bit.
EUR is the 4th strongest currency, slipping away into weakness.

JPY is the weakest currency, continuing its positive run.
GBP is the 2nd weakest currency, weakening slightly after its strength.
AUD is the 3rd strongest currency, showing sudden strength.
CAD is the 4th weakest currency, slipping down further.

Ideal currency pairs seem to be:

Currently there are none.

Traders note: The major trends are continuing with the changed direction, so again we wait. If there are no trades, we do not trade! Don’t fall into the trap and change your strategy just to force a signal. Remember, the money is in the sitting and not in the trading!

Happy Trading!!

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