Huge strength in the AUD as British elections today likely will cause a volatile GBP – Currency Strength and Weakness for Thursday 12th December 2019
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 AUD, NZD, EUR, and CAD
Overall there is weakness in the USD, JPY, and CHF, with minor weakness in the GBP
Trading Directions I am favouring for the next 24 hours
Buy Trades – EUR/USD, EUR/JPY, GBP/USD, AUD/USD, AUD/CHF, AUD/JPY, CAD/JPY, NZD/USD, NZD/JPY, NZD/CHF
Sell Trades – EUR/AUD, GBP/AUD, USD/CAD
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– Andrew Mitchem
The Forex Trading Coach Professional Forex Trader and Educator
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