Trading Forex in Baskets to diversify trading risk for both, speculative trading or hedging Forex risk by 
Our last artcle about FX Basket was March 30.
Today we look at the development of strength and weakness of the major currency pairs during the first three weeks of April as on the chart below and compare against the beginning of April.
The lines are the RSI’s of the major currencies and cross-rates and give you an idea how strength and weakness are looking for all of them in just one view.
For example: the purple line, NZD/USD came down all the way from > 80 to <40 or 20 pips only, while the brow line, USD/CHF from -30 to 66 or from 1.1270 to 1.1635
Due to travel outside the country the next update will be next Tuesday.
