We use a range of cookies to give you the best possible browsing experience. By continuing to use this website, you agree to our use of cookies.
You can learn more about our cookie policy here, or by following the link at the bottom of any page on our site.

Free Trading Guides
EUR/USD
Bearish
GBP/USD
Mixed
USD/JPY
Bearish
Low
High
of clients are net long.
of clients are net short.
Long Short

Note: Low and High figures are for the trading day.

Data provided by
Gold
Mixed
Oil - US Crude
Bearish
Bitcoin
Mixed
More View more
Real Time News
  • Gold Price Outlook: XAU Prices Coil - Is Another Breakout Brewing? https://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/daily_fundamentals/2020/01/24/gold-price-outlook-js57-xau-prices-coil-is-another-breakout-brewing.html https://t.co/JnBqHAO4E3
  • 🇨🇦 CAD Retail Sales (MoM) (NOV), Actual: 0.9% Expected: 0.9% Previous: -1.1% https://www.dailyfx.com/economic-calendar#2020-01-24
  • 🇨🇦 CAD Retail Sales (MoM) (NOV), Actual: 0.9% Expected: 0.9% Previous: -1.2% https://www.dailyfx.com/economic-calendar#2020-01-24
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 97.20%, while traders in US 500 are at opposite extremes with 75.48%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/X2x5Co28r3
  • Forex Update: As of 13:00, these are your best and worst performers based on the London trading schedule: 🇳🇿NZD: -0.04% 🇨🇦CAD: -0.04% 🇦🇺AUD: -0.07% 🇨🇭CHF: -0.17% 🇪🇺EUR: -0.18% 🇬🇧GBP: -0.27% View the performance of all markets via https://www.dailyfx.com/forex-rates#currencies https://t.co/CiftS06PCt
  • Heads Up:🇨🇦 CAD Retail Sales (MoM) (NOV) due at 13:30 GMT (15min), Actual: N/A Expected: 0.9% Previous: -1.2% https://www.dailyfx.com/economic-calendar#2020-01-24
  • Hey, traders 👋 do you want live AMAS with our analysts, market updates and tools to improve your trading strategy? Join us now on Instagram! 👉 https://t.co/pHGzVMqsC4 https://t.co/YnK0tEqDWR
  • The $GBP may be on the cusp resuming a 12-year downtrend against the US Dollar as signs of topping emerge at pivotal chart resistance. Get your market update from @IlyaSpivak here:https://t.co/9rM3OjWmBA https://t.co/bl2TEN8eft
  • IG Client Sentiment Update: Our data shows the vast majority of traders in Ripple are long at 97.19%, while traders in France 40 are at opposite extremes with 78.41%. See the summary chart below and full details and charts on DailyFX: https://www.dailyfx.com/sentiment https://t.co/fytoc66OPl
  • Commodities Update: As of 11:00, these are your best and worst performers based on the London trading schedule: Silver: 0.01% Gold: -0.24% Oil - US Crude: -0.57% View the performance of all markets via https://www.dailyfx.com/forex-rates#commodities https://t.co/Dnx6Xhy8uj
Strong-Weak Analysis through Apps

Strong-Weak Analysis through Apps

2013-12-26 20:00:00
James Stanley, Currency Strategist
Share:

Talking Points:

  • Strong-Weak analysis can help traders more accurately voice their trade ideas
  • Traders can look to match a strong currency with a weak currency to find the optimal pairing for their trade ideas
  • This video walks through using the StrongWeak App from the FXCM App Store

The StrongWeak App can be found on FXCMApps.com; and can be found directly at this link.

Strong-Weak Analysis can be performed manually as we had outlined in the article, How to Separate the Strong from the Weak.

The StrongWeak App is currently available for free through this promotion with FXCM.

--- Written by James Stanley

James is available on Twitter @JStanleyFX

To join James Stanley’s distribution list, please click here.

Are you looking for more Forex Education? DailyFX University is free, robust, and full of education.

Would you like to get better with Price Action? Please feel free to take our 15 minute course on the topic. You’ll first be asked to sign the guestbook, which is completely free; and then you’ll be met with the video-based lesson via Brainshark:

Price Action Presentation via Brainshark

We’ve recently begun to record a series of Forex Videos on a variety of topics. We’d greatly appreciate any feedback or input you might be able to offer on these Forex Videos:

EURUSD

Secrets of Profitable TradersUse the News

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

DISCLOSURES

News & Analysis at your fingertips.