Big weakness in the CHF and EUR – Currency Strength and Weakness for Thursday 18th February 2021

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.

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Overall there is strength in the JPY and USD, with minor strength in the AUD and CAD

Overall there is weakness in the CHF and EUR

Trading Directions I am favouring for the next 24 hours

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

Sell Trades – EUR/USD, EUR/CAD, EUR/JPY, EUR/GBP, EUR/AUD, EUR/NZD, GBP/USD, GBP/JPY, CHF/JPY, XAU/USD

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Andrew

– Andrew Mitchem
The Forex Trading Coach Professional Forex Trader and Educator