Huge weakness in the AUD and NZD as the EUR and USD rise – Currency Strength and Weakness for Thursday 25th May 2023
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 USD and EUR, with minor strength in the GBP
Overall there is weakness in the AUD and NZD
Trading Directions I am favouring for the next 24 hours
Buy Trades – EUR/JPY, EUR/AUD, EUR/NZD, EUR/CAD, GBP/AUD, GBP/NZD, AUD/NZD, USD/CHF, USD/CAD, USD/JPY, USD/SGD, SGD/JPY
Sell Trades – EUR/MXN, GBP/MXN, GBP/USD, AUD/CAD, AUD/JPY, AUD/CHF, AUD/USD, NZD/USD, NZD/CHF, NZD/JPY, NZD/CAD, XAG/USD, XAU/USD
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– Andrew Mitchem
The Forex Trading Coach Professional Forex Trader and Educator