The USD and CAD fall as the GBP and NZD are strong to start the week – Currency Strength and Weakness for Monday 6th November 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.
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 and NZD, with minor strength in the AUD and EUR
Overall there is weakness in the USD and CAD, with minor strength in the CHF and JPY
Trading Directions I am favouring for the next 24 hours
IMPORTANT: Just to let you know that Monday’s trade analysis, when the market opens at the beginning of the new week (Sunday if you are in the US/Europe) are usually the hardest to pick and if you wanted a day off trading, that would generally be the day to choose. The reason being; I am looking at the previous week’s prices and the new open prices for th