CURRENCY STRENGTH OVERVIEW TODAY
Market very strong to volatile movements.
So let's move on to our in-depth currency strength analysis.
Update 9th Mars 2020
AUDCHF SELL
Whoever followed my recommendation was safe and made a profits.
https://www.mql5.com/en/blogs/post/733754
Most currencies have taken a big move and are at extreme MFib levels on the higher TFs. Easy to recognize by the bold numbers in pink and
yellow. For a Monday we could see some pullbacks. Keep your SL small after that because the movements could go even further.
Weak currencies are AUD CAD NZD.
Strong currencies are EUR CHF JPY.
Make attention to the picture below. Check currencies and timeframes.
Also be aware of any near demand and supply zones. Take what you can.
Watch out for overbought/oversold currencies: yellow color and currency strength over 100, pullbacks or consolidation are
possible.
How to read the dashboard:
Currency strength for all timeframes (M1 until Monthly): green/red background: 3 timeframes agree for
strength and weakness.
Bold numbers yellow and pink: attention currency for a timeframe is
overbought/oversold.
TREND: overall trend rating.
The proven Trading Strategy for Currency Strength "BUY
STRONG <<<>>> SELL WEAK" is used. Check out:
28pairs currency strength with impulse trading system
Have questions?
Send
me an email on bernhardfxcontact@gmail.com and
get the full info.
Market very strong to volatile movements.
So let's move on to our in-depth currency strength analysis.
Update 9th Mars 2020
AUDCHF SELL
Whoever followed my recommendation was safe and made a profits.
https://www.mql5.com/en/blogs/post/733754
Most currencies have taken a big move and are at extreme MFib levels on the higher TFs. Easy to recognize by the bold numbers in pink and yellow. For a Monday we could see some pullbacks. Keep your SL small after that because the movements could go even further.
Weak currencies are AUD CAD NZD.
Strong currencies are EUR CHF JPY.
Make attention to the picture below. Check currencies and timeframes.
Also be aware of any near demand and supply zones. Take what you can.
Watch out for overbought/oversold currencies: yellow color and currency strength over 100, pullbacks or consolidation are possible.
How to read the dashboard:
Currency strength for all timeframes (M1 until Monthly): green/red background: 3 timeframes agree for
strength and weakness.
Bold numbers yellow and pink: attention currency for a timeframe is
overbought/oversold.
TREND: overall trend rating.
The proven Trading Strategy for Currency Strength "BUY STRONG <<<>>> SELL WEAK" is used. Check out:
28pairs currency strength with impulse trading system
Have questions?
Send
me an email on bernhardfxcontact@gmail.com and
get the full info.
All the best and happy trading
