Haynes6EU's Blog

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Blog 5/10: Dukascopy currency index

Hi Traders,
My simple view base on balance and imbalance between supply vs demand. USD is trying to recover but it's seem that bull power is quite weak now. Let's see Dukascopy currency index, these index is convergening. I think range trading (sell high and buy low) could be appropriate at present.
Good luck to all traders
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Blog 16/7: Dukascopy currency index

Hi Traders,
The chart below shows currency strength in within one month period till 15th of July: The strongest is EUR; weakest is JPY and USD. The decreasing order: GBP >> EUR >> CHF >> USD >> JPY
The pound was the strongest on last friday; EUR and CHF still be topping mode; Meanwhile the Yen JPY is trying to recover after falling.several weeks. I prefer to buy back JPY in the next week.
Good luck to all traders
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Przetłumacz na Angielski Pokaż oryginał
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