Weakness returns to the JPY and NZD – Currency Strength and Weakness for Wednesday 16th August 2017
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 USD, CHF, CAD, with minor strength in EUR
Overall there is weakness weakness in the JPY, NZD, GBP
Trading Directions I am favouring for the next 24 hours
Buy Trades – EUR/JPY, EUR/GBP, EUR/NZD, AUD/NZD, USD/JPY, CAD/JPY, CHF/JPY
Sell Trades – GBP/USD, GBP/CAD, GBP/CHF, AUD/USD. AUD/CHF, NZD/CAD, NZD/USD, NZD/CHF
Disclaimer: My clients have full access to my trading strategy, including Currency Strength and Weakness 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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– Andrew Mitchem
The Forex Trading Coach
Professional Forex Trader and Educator