CURRENCY STRENGTH OVERVIEW TODAY
Market very strong movement in most timeframes gives many opportunity for scalpers today but with caution.
Weak currencies are AUD CAD NZD.
Strong currencies are GBP CHF.
WE COMBINE and BUY STRONG <<<>>> SELL WEAK
It could be paired to
BUY: GBPAUD GBPNZD
SELL:
Watch out for overbought/oversold currencies: GBP AUD (yellow/pink color and currency strength over 100), pullbacks or consolidation are possible, especially on supply/demand zones with first test.
But some other currencies 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.
