Big strength in the GBP and USD as NZD, EUR, and CHF fall to end the week – Currency Strength and Weakness for Friday 5th February 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.
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Overall there is strength in the GBP and USD, with minor strength in the AUD
Overall there is weakness in the NZD, CHF, EUR, and JPY
Trading Directions I am favouring for the next 24 hours
Buy Trades – GBP/CAD, GBP/JPY, GBP/CHF, GBP/AUD, GBP/NZD, AUD/NZD, USD/SGD, USD/CHF, USD/JPY, USD/CAD
Sell Trades – EUR/USD, EUR/CAD, EUR/GBP, EUR/AUD, NZD/CAD, NZD/USD, XAU/USD
Disclaimer: My clients have full access to my trading strategy, including specific Currency Strength Weakness trades each day that include the exact entry, stop loss and profit tar