in early January, USD, NZD, & GBP were my top three, CHF, CAD & EUR neutral and NOK, SEK, JPY & AUD bearish. Each week I have reviewed the rankings, some weeks there have been no changes.
Three months on, the USD, NZD & GBP all remain bullish, though the latter two are less so than they were, being overtaken by CHF & JPY. The USD has been in the bullish group for over 6 months and for now this shows no immediate signs of ending, with further broad USD gains possible over coming weeks.
The neutral group consists of CAD & AUD, with EUR, NOK & SEK the bottom three. NOK has been at or near the bottom of the rankings for almost 6 months, but it shows no immediate signs of moving up the rankings, so further broad NOK weakness may occur.
In order to profit from this, the key is to identify a low-risk entry and an appropriate take profit. Tradermade's FX Analysis service can help. Example: www.tradermade.com/FreeLook