Will the trend of USD and JPY weakness for today continue into 2024? We say goodbye to the trading year in 2023! – Currency Strength and Weakness for Wednesday 20th December 2023

This is the last day of Daily Trades for 2023! The next Daily Trades post will begin Monday 15th January 2024. Thanks for a great trading year in 2023 and we will see you in 2024!

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 NZD, AUD, CHF, and GBP

Overall there is weakness in the JPY and USD

Trading Directions I am favouring for the next 24 hours

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

Sell Trades – EUR/NZD, GBP/NZD, USD/CHF, USD/CAD, USD/MXN, USD/SGD 

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.