Time for the Pound to Rise? – Currency Strength and Weakness for Wednesday 7th August 2019

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 minor strength in the EUR, USD, GBP, AUD and NZD

Overall there is weakness in the CAD, JPY and CHF  


Trading Directions I am favouring for the next 24 hours

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

Sell Trades – None

 

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