Weekly Analysis 11/9/2011

Hello Traders,

Here’s this weeks analysis of the FX markets I watch.

Weekly Strength

1. CHF

2. JPY

3.AUD

4. GBP

5.EUR

6.USD

No real shocks there. Of course there were some amazing moves due to SNB intervention but those have yet to show through on the weekly charts.  If we drop down to the daily strength analysis then we have a more up-to-date picture.

1. JPY

2.USD

3.AUD

4.GBP

5.EUR

6.CHF

Now we get a different picture based on recent events showing a growing strength in USD (as people run for other safe heavens) and a weakening of the CHF (as the SNB pegs the CHF to EUR).

As Always were ever possible we want to be buying strength and selling weakness.

If you’d like to learn more about how I use this data for my trading then you could find out more by attending this FX Strategy Event on Saturday 8th October.

Hope it helps.

FXTraderPaul

 

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About FXTraderPaul

A professional Trader and Coach, FXTraderPaul blogs about his adventures from the front-lines of FX Trading. A Trader and educator who can walk the walk as opposed to merely talk the talk!

View all posts by FXTraderPaul

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One Comment on “Weekly Analysis 11/9/2011”

  1. Forex News Says:

    Where do you get time to write so good articles?

    Like

    Reply

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