Big strength in the US Dollar – Currency Strength and Weakness for Friday 21st October 2016

Hi Forex Trader,

I make my suggestions every day based on where I see the market heading over the next 24 hours. Use my analysis below to aid your trading and to help you keep on the right side of the market.


Overall there is strength in the USD and minor strength in the GBP

Overall there is weakness in the AUD, CAD, EUR and JPY



Trading Directions I am favouring for the next 24 hours

Buy Trades – USD/JPY, USD/CHF, USD/CAD, GBP/CAD, GBP/AUD

Sell Trades – EUR/USD, NZD/USD, AUD/USD, AUD/JPY




Disclaimer: My clients have full access to my trading strategy, including specific trades each day that include the exact entry, stop loss and profit targets.
Use your own trading strategy and look to take trades that setup in the same direction as my daily analysis. If you don’t have a trading strategy, just CLICK HERE and I’ll send you some information to help you out.

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Have a fantastic weekend,

Andrew

 


 

– Andrew Mitchem
The Forex Trading Coach
Professional Forex Trader and Educator