Forex Ranking and Rating for Week 43 / 18-October-2015

Besides the Ranking and Rating list provided here I will also prepare this weekend the Weekly Currency Score list which will support my analysis for trading in the coming week.

When looking at the Top 10 in the Weekly Ranking and Rating list we can see that many pairs are not in a trend. The only well represented stronger currency is the JPY(2) and the weaker currency is the (AUD). Based on this the most attractive combination seems to be the AUD/JPY. However, since the USD is a strong currency the AUD/USD looks like a good opportunity too.

The last two weeks have been very typical with not many opportunities. However, the current list seems better than the week before and hopefully the market will normalize next week. For the time being it seems better to stick to the Monthly Raning and Rating list for for October which was published on October 5.

FxTaTrader Forex weekly ranking and rating list for Week 43 / 18-October-2015

Analysis based on TA charts for all the major currency pairs. Good luck to all. No advice, just info. Every week the Forex ranking rating list will be prepared in the weekend. All the relevant Time Frames will be analyzed and the ATR and Pip value will be set.

The Forex ranking and rating list is meaningful data for my FxTaTrader strategy. Besides this list I also use the Currency Score which is also available once a week on my blog at FxTaTrader.com. If you would like to use this article then mention the source by providing the URL FxTaTrader.com or the direct link to this article. Good luck in the coming week.

DISCLAIMER: The articles are my personal opinion, not recommendations, FX trading is risky and not suitable for everyone.The content is for educational purposes only and is aimed solely for the use by ‘experienced’ traders in the FOREX market as the contents are intended to be understood by professional users who are fully aware of the inherent risks in forex trading. The content is for 'Forex Trading Journal' purpose only. Nothing should be construed as recommendation to purchase any financial instruments. The choice and risk is always yours. Thank you.