In this chart I'm sharing my breakdown of the relative strength analysis of currencies, as suggested by Ashraf Laidi in his book 'Currency trading and intermarket analysis', a great read that was reccomended to me by David Alcindor. Thanks for that one David.
I'll quickly summarize my train of thought here:
I see the cnh and gbp as interesting long prospects...
Hi, in this chart I conduct quarterly analysis of all currencies pitted against gold to get a good idea of relative strength for them.
We have seen a period of domination of the dollar, which has had a slow quarter.
The reason for these movements are purely fundamental, related to money flows, and don't change all the time like most retail traders expect.
Despite...
