Disclaimer

Disclaimer: This blog should be read as a 'whiteboard' of my daily thoughts and ramblings and specifically not, in any way, advice to trade. My interpretation of the works of Gann, Goodman, Fibonacci, Elliott, Hurst et al; is entirely my own and should be read as such. Any opinions, news, research, analyses, prices, or other information contained in this report are provided as general market commentary, and does not constitute investment advice. I will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.

Monday 24 June 2013

Currency Strength Analysis 2.00pm

USD (24) GBP (13) CHF (11) EUR (10) JPY (10) AUD (6) CAD (6).Intraday swings are moving the scores around but not at the top where USD at 24 out of 24 is top billing with AUD & CAD bottom. However, given the extended gains in USDCAD, it might just be worth playing the retracement back to the 'half trend line' in order to buy again. USDCAD is due its' 50day low when this diagonal breaks so following it up to watch for the break may be fruitful.
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