CURRENCY STRENGTH OVERVIEW TODAY
Market strong movement in middle timeframes gives many opportunity for scalpers today. Attention strong moves NZD-pairs after red news! (RBNZ Rate Statement...)
Weak currencies are USD and EUR.
Strong currencies are GBP NZD.
WE COMBINE and BUY STRONG <<<>>> SELL WEAK
It could be paired to
BUY: ---
SELL: EURGBP
Watch out for overbought/oversold currencies: NZD (yellow color and currency strength over 100), pullbacks or consolidation are possible.
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. You might want to wait for a break. 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.
