In this week’s video I take a look at pairing up ultra-strong currencies and pairing them against ultra-weak currencies as this inevitably leads to some fantastic moves both on an end of day and intra-day level.
Sometimes it can be hard to select what we feel are going to be the best moving currency pairs but a great way to start is by looking for big discrepancies between the two currencies in a pair i.e. strong vs weak. If you trade strong vs strong or weak vs weak, you will find not much happens on that pair, and stagnation can occur.
This week’s video looks at some pairs which have potential for some very nice moves over the coming weeks and months if this extreme weakness vs strength continues.