The EUR and CHF weaken as the Commodity Currencies CAD, AUD, and NZD rise – Currency Strength and Weakness for Thursday 21st January 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 CAD, NZD, AUD, and JPY
Overall there is weakness in the EUR, CHF, USD, and GBP
Trading Directions I am favouring for the next 24 hours
Buy Trades – AUD/CHF, AUD/USD, CAD/CHF, CAD/JPY, NZD/USD, NZD/CHF, NZD/JPY, XAU/USD, XAG/USD
Sell Trades – EUR/CAD, EUR/AUD, EUR/NZD, EUR/JPY, GBP/CAD, GBP/AUD, GBP/NZD, USD/SGD, USD/JPY, USD/CAD, CHF/JPY
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– Andrew Mitchem
The Forex Trading Coach Professional Forex Trader and Educator