The GBP and NZD climb as the JPY continues to crash down – Currency Strength and Weakness for Friday 17th January 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.
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Overall there is strength in the GBP and NZD, with minor strength in the USD and CAD
Overall there is weakness in the JPY, with minor weakness in the AUD, EUR, and CHF
Trading Directions I am favouring for the next 24 hours
Buy Trades – GBP/AUD, GBP/JPY, GBP/CHF, CAD/JPY, USD/JPY, NZD/JPY
Sell Trades – EUR/GBP, EUR/NZD, AUD/NZD
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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 Mitchem
The Forex Trading Coach
Professional Forex Trader and Educator