Selling the EUR/JPY as the NZD strengthens – Currency Strength and Weakness for Thursday 11th August 2022
Hi Forex Trader, I make my Currency Strength and Weakness 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.
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Overall there is strength in the NZD and AUD, with minor strength in the JPY
Overall there is weakness in the EUR and USD
Trading Directions I am favouring for the next 24 hours
Buy Trades – EUR/USD, GBP/USD, AUD/USD, AUD/CAD, AUD/CHF, AUD/SGD, NZD/JPY, NZD/USD, NZD/CAD, NZD/CHF, ETH/USD, US500
Sell Trades – EUR/JPY, EUR/AUD, EUR/GBP, EUR/NZD, EUR/NOK, GBP/AUD, GBP/NZD, USD/SGD, USD/CHF, USD/CAD, USD/JPY, USD/ZAR, USD/NOK
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– Andrew Mitchem
The Forex Trading Coach Professional Forex Trader and Educator