Selling the USD/JPY today – Currency Strength and Weakness for Thursday 2nd July 2020

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 GBP, with minor strength in the JPY and NZD

Overall there is weakness in the CAD and USD, with minor weakness in the EUR, AUD and CHF

Trading Directions I am favouring for the next 24 hours

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

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

Disclaimer: My clients have full access to my trading strategy, including specific Currency Strength and Weakness 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.


AMAZING FREE TRADING TOOL – Click here Download your own FREE copy of my MT4 trading tool which will help you trade with low risk per trade, remove much of the emotion involved with taking trades and take away the focus on making “Pips”.

 

Signup Below to Receive my Daily Analysis to your Inbox


Andrew


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

Quick Links

FAQs

Contact
About Andrew
About Paul
Testimonials
Privacy
Disclaimer
Cookie Policy

Resources

Free eBook
Free Risk Calculator
Are You New to Trading Forex?
Are You About To Give Up Trading?
30 Minute Forex Trader Update
Online forex video course
One on One Coaching in Person
One on One Coaching – Online
© 2020 The Forex Trading Coach Ltd (NZ FSPR:FSP37396) provides general information and educational courses and materials only. This is not an offer to buy/sell financial products. We do not provide personal advice nor do we consider the needs, objectives or circumstances of any individual. Financial products are complex and all entail risk of loss. Over-the-counter derivative and foreign exchange products are considered speculative because they are highly leveraged and carry risk of loss beyond your initial investment, hence should only be traded with capital you can afford to lose. Please ensure you obtain professional advice to ensure trading or investing in any financial products is suitable for your circumstances, and ensure you obtain, read and understand any applicable offer document.

Latest Podcasts / Videos

#377: Will the US Dollar Fall Over the Next 12 Months?

Will the US Dollar Fall Over the Next 12 Months?  Podcast: #377: Will the US Dollar Fall Over the Next 12 Months? In this video: 00:26 – A great question from someone on my webinar 01:12 – Some examples from the last 17 years 02:09 – The EUR/USD got very...

#376: Where to Invest Today?

Where to Invest Today?  Podcast: #376: Where to Invest Today? In this video: 00:24 – My latest bank statement 01:07 – What are your options? 02:06 – Continuing to do what we’ve always done 02:21 – Client from Germany making 2.5% to 4% per week 03:45 – The...

#375: The Power of a Good Trading Community

The Power of a Good Trading Community  Podcast: #375: The Power of a Good Trading Community In this video: 00:27 – Amazing trading results and the power of a good trading community 01:27 – Trading can be a lonely business 02:13 – You get to associate with...

#374: How to Calculate Your Lot Size Correctly & Easily

How to Calculate Your Lot Size Correctly & Easily Podcast: #374: How to Calculate Your Lot Size Correctly & Easily In this video: 00:26 – Understanding Lot Sizes 00:58 – The problem with the way most people trade 01:57 – Different pairs pay a...

#373: I’ll Take You on a Helicopter Trip

I’ll Take You on a Helicopter Trip  Podcast: #373: I’ll Take You on a Helicopter Trip In this video: 00:29 – Let’s go flying but first we need to prepare 02:22 – Pre-flight completed and trading completed 03:36 – Experience some of the amazing...