Huge weakness in the JPY as the Canadian dollar continues to rise – Currency Strength and Weakness for Thursday 30th March 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.
My suggestions are posted by 6pm EST each day.
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Overall there is strength in the CAD, CHF, and EUR with minor strength in the USD
Overall there is weakness in the JPY, with minor weakness in the AUD and NZD
Trading Directions I am favouring for the next 24 hours
Buy Trades – EUR/GBP, EUR/JPY, EUR/NZD, GBP/JPY, AUD/JPY, NZD/JPY, CAD/JPY, CHF/JPY, USD/JPY, SGD/JPY
Sell Trades – GBP/CAD, AUD/CAD, NZD/CAD, USD/CAD, USD/MXN, XBR/USD
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– Andrew Mitchem
The Forex Trading Coach Professional Forex Trader and Educator