Forex Currency Score Classification For Week 23
Forex Technical Analyst Trader | Jun 05, 2016 07:42AM ET
This article provides the Currency Classification for the coming weeks based on my analysis for the 8 major currencies. This is based on the technical analysis charts using the
MACD and Ichimoku indicator on 4 time frames: the monthly, weekly, daily and 4 hours. The result of the technical analysis are the Currency Classifications charts in this article.
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Last 3 months currency classification updated on Week 23, 5 June 2016
The last 3 months currency classification from a longer term perspective are provided here with the new charts:
- Strong: JPY / CAD / CHF. The preferred range is from 6 to 8.
- Average: USD / EUR / NZD. The preferred range is from 3 to 5.
- Weak: AUD / GBP. The preferred range is from 1 to 2.
The AUD and the EUR switch places. More information can be read in this article and in the articles "Forex Strength and comparison" of this week.
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Here below are the charts providing the Currency classifications. There are three charts showing resp. the strong, average and weak currencies.
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It is recommended to read the page FxTaTrader.com or the direct link to this article. Good luck in the coming week.
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