Big weakness in the AUD and CAD as the GBP and CHF rise – Currency Strength and Weakness for Thursday 19th January 2022
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 CHF, with minor strength in the NZD
Overall there is weakness in the AUD and CAD, with minor weakness in the JPY
Trading Directions I am favouring for the next 24 hours
Buy Trades – EUR/AUD, EUR/CAD, GBP/AUD, GBP/CAD, NZD/CAD, USD/CAD, USD/MXN
Sell Trades – EUR/GBP, EUR/CHF, AUD/CHF, AUD/NZD, CAD/CHF, XAG/USD, NAS100
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– Andrew Mitchem
The Forex Trading Coach Professional Forex Trader and Educator