CURRENCY STRENGTH OVERVIEW TODAY
Market very strong to volatile movements.
So let's move on to our in-depth currency strength analysis.
Update 12th Mars 2020
AUD CONTINUE WEAKNESS
AUDCHF SELL
First signal posted in 25. February:
https://www.mql5.com/en/blogs/post/733754
Most currencies have taken a big move and are at extreme Market Fibs levels on the higher TFs. Easy to
recognize by the bold numbers in pink and yellow. After we saw some pullbacks in beginning of the week, Market keeps pressing on. Now
trends could go further.
Weak currencies are AUD CAD NZD.
Strong currencies are USD 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.
Almost all currencies except GBP showing extreme CS in different timeframes.
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 12th Mars 2020
AUD CONTINUE WEAKNESS
AUDCHF SELL
First signal posted in 25. February:
https://www.mql5.com/en/blogs/post/733754
Most currencies have taken a big move and are at extreme Market Fibs levels on the higher TFs. Easy to recognize by the bold numbers in pink and yellow. After we saw some pullbacks in beginning of the week, Market keeps pressing on. Now trends could go further.
Weak currencies are AUD CAD NZD.
Strong currencies are USD 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.
Almost all currencies except GBP showing extreme CS in different timeframes.
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
