Here’s an update on a Binary Option position that closed on Friday afternoon on the back of a week of good news for AUD short-sellers.  You can read the first part about the initial H&S set-up here.  The second part with an update on the first part of the trade being closed out is here. [...]

Here’s my weekly Currency Strength Analysis for the week commencing 22nd January 2012. Weekly: 1. JPY 2. AUD 3.CHF 4.USD 5.GBP 6.EUR No real new news there. Daily: 1. AUD 2. JPY 3.USD 4.GBP 5. CHF 6.EUR   In terms of currencies and possible trades for this week I’m looking at EU, EJ, EA,CJ, UJ, [...]

Hello Traders, As usual here’s my analysis of Currency Strength & Weakness for the week beginning 15th January. From the weekly perspective: 1. JPY 2.AUD 3.USD 4. CHF 5. GBP 6.EUR No change from last week on a weekly outlook From the Dailies: 1.AUD 2.JPY 3.USD 4.GBP 5.CHF 6.EUR So on both the daily and [...]

Happy New Year Fellow Traders! I had an extended break over the holiday period and used the time to plan my next 12 months. More of that in future posts. In the mean time here’s the weekly strength analysis for this week. Weekly: 1. JPY 2.AUD 3. USD 4. CHF 5. GBP 6. EUR Ok [...]

Hey Traders, Here’s my Weekly Strength Analysis for the week beginning 18/12/2011. 1. JPY. 2. CHF 3. AUD 4. USD 5. GBP 6.EUR AUD & CHF swap places but I don’t consider it to be a long-term change.  If we look at the daily strength analysis: 1. USD 2. JPY 3.GBP 4.AUD 5.CHF 6.EUR We [...]

Hello traders, As we enter the last few weeks of 2011 and prepare for 2012 I’ve been looking at the charts and creating some snapshots of particular currencies. Last week it was the Euro and this week I’ve gone for the Aussie Dollar.   I hope you enjoy. I’ll do a few more currencies over [...]

Hello Traders, Just a quick update on my views of currency strength and weakness for the week beginning 11th Dec 2011 Weekly Strength 1. JPY 2. AUD 3. CHF 4. USD 5. GBP 6. EUR No real surprises there. JPY still the strongest and EUR the weakest.  AUD has gained in strength and CHF continues to [...]

Hey traders, Here’s the review of the relative strength within the FX markets I watch. Weekly: 1. JPY 2.CHF 3.AUD 4.GBP 5.EUR 6. USD After teasing us for the last couple of weeks with alleged strength CHF has dropped back and the JPY (despite intervention) has become the strongest currency.  As I mentioned in previous [...]

Here’s my weekly relative strength update for the 9th October 1. JPY 2.CHF 3.AUD 4.USD 5.GBP 6.EUR Nothing new here, just the AUD and USD swapping places which is down to the pullback on the weekly chart. If we look at the Daily chart we can see: 1 JPY 2. USD 3.GBP 4.EUR 5.AUD 6.CHF [...]

Here’s my weekly FX strength analysis for the week beginning 25/09/2011 Weekly: 1. JPY 2.CHF 3.AUD 4.USD 5.EUR 6.GBP Ok so by my scale thats the first period for over 9 months, since the CHF was not the strongest currency(since 19/12/2010 to be exact) . Admittedly it’s only dropped to 2nd but when we look [...]