Weekly Currency Strength – 11/12/2011

December 13, 2011

forex, FX Trading, FXTrader Paul, Trading

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 weaken relative to the other major currencies

Taking a look at the daily strength:

1. AUD

2. USD

3. JPY

4.GBP

5.EUR

6. CHF

We can see that AUD strength coming through the daily chart along with USD strength (not a real surprise with such levels of volatility & fear within the markets). I’ll do a video snapshot of the Aussie Dollar tomorrow.

I hope you’re all enjoying your trading during this eventful period!

Trade well,

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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