Forexpower
Forexpower Week 22 (May 25-May29) SHORT:EURUSDLast week was a killer week for USD and EUR, Where USD was killer strong and EUR was weak toward ALL other currencies. My Forepower algorithm (described earlier) gives us this as a winner pair.
So the week to come use your favorite setup and go short term: SHORT on EURUSD
Badly formated currency matrix.
EUR USD GBP JPY CAD AUD NZD CHF TOTAL
EUR -1 -1 -1 -1 -1 -1 -1 -7
USD 1 1 1 1 1 1 1 7
GBP 1 -1 -1 -1 1 -1 1 -1
JPY 1 -1 1 1 1 -1 1 3
CAD 1 -1 1 -1 1 -1 1 1
AUD 1 -1 -1 -1 -1 -1 0 -4
NZD 1 -1 1 1 1 1 1 5
CHF 1 -1 -1 -1 -1 0 -1 -4
One other pair I will keep an extra eye on this week is AUDNZD and looking for short there as well
