Here’s my weekly Analysis for the week beginning 2nd October 2011
Weekly:
1. JPY
2. CHF
3. USD
4. AUD
5. GBP
6. EUR
No real surprises there. JPY is strong and EURO is a dog! What you can see is the USD has strengthened from 4th to 3rd position at the expense of the AUD. Once again, no real surprise.
As for the daily strength levels we can see:
1. JPY
2. USD
3. GBP
4. EUR
5. AUD
6. CHF
We can see the USD strength and the collapse in support for the CHF & AUD.
If you want to learn more about how I use this data to guide my trading then you’re welcome to come along to my day this Saturday in Central London where I’ll be explaining my ideas. You can get a ticket at our link:
http://fxtsday.eventbrite.com/
Have a great trading week!
FXTraderPaul
October 4, 2011
FXTrader Paul, Trading