CURRENCY STRENGTH OVERVIEW TODAY
Market strong movement in middle timeframes gives many opportunity for scalpers today.
Weak currencies are AUD NZD.
Strong currencies are USD CAD.
WE COMBINE and BUY STRONG <<<>>> SELL WEAK
I see potential in:
BUY:
SELL: AUDUSD
Watch out for overbought/oversold currencies: JPY (USD in lower timeframe) (yellow color and currency strength over 100), pullbacks or consolidation are possible.
But some other currencies with CS under 100 have still room to go.
Make attention to the picture below. Check currencies and timeframes.
Yet be aware of any near demand zone. Take what you can.
How to read the dashboard:
Currency strength for all timeframes (M1 until Monthly): green/red background: 3 timeframes agree for strong/weak.
Bold numbers yellow and pink, 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.
