Strength in the EUR and CHF as GBP and JPY fall – Currency Strength and Weakness for Thursday 13th August 2020

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.

My suggestions are posted by 6pm EST each day.

For The Forex Trading Coach clients, login here https://theforextradingcoachcourse.com/ to get your exact entry and exit points for today’s recommended pairs.

Overall there is strength in the CHF, EUR, and CAD, with minor strength in the AUD 

Overall there is weakness in the JPY and GBP, with minor weakness in the USD and NZD

Trading Directions I am favouring for the next 24 hours

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

Sell Trades – GBP/AUD, GBP/CAD, GBP/CHF, USD/CHF, USD/CAD, NZD/CAD, NZD/CHF  

Disclaimer: My clients have full access to my trading strategy, including specific Currency Strength and Weakness 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