Long On USD And AUD; CHF And GBP Remain Weaker
Forex Technical Analyst Trader | Jan 31, 2016 01:38AM ET
In the coming period only the article "Ranking and Rating List" will be published. At the moment the process for generating the articles is being optimized and streamlined. The expectation is to publish all the articles again in February. Thanks for your understanding.
When looking at the Top 10 in the weekly ranking and rating list, we can see that for the coming week the following stronger currencies are well represented for going long: USD(4X) followed by the AUD(3X). The weaker currencies are the CHF(3X) and the GBP(3X).
A nice combination for coming week may be:
- GBP/USD with the AUD/CHF
- GBP/AUD with the USD/CHF
These are just a few examples and many other combinations are possible. The mentioned pair combinations can be traded at the same time according to the rules of the FxTaTrader strategy because these are all different currencies. By not trading the same currency in the same direction more than once, you may have better chances with lower risk.
FxTaTrader Forex weekly ranking and rating list for Week 5 / January-31-2016:
Analysis based on TA charts for all the major currency pairs. Good luck to all. No advice, just info. Every week the forex ranking rating list will be prepared in the weekend. All the relevant time frames will be analyzed and the ATR and pip value will be set.
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