How long will the big weakness in the Japanese Yen continue? – Currency Strength and Weakness for Friday 9th February 2024

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 EUR and CAD, with minor strength in the GBP, CHF, and USD

Overall there is weakness in the JPY and AUD, with minor weakness in the NZD 

Trading Directions I am favouring for the next 24 hours

Buy Trades – EUR/AUD, EUR/JPY, EUR/NZD, GBP/AUD, GBP/NZD, GBP/JPY, NZD/JPY, CAD/JPY, CHF/JPY, USD/JPY, USD/MXN, USD/SGD, SGD/JPY, BTC/USD, XAG/USD

Sell Trades – AUD/CAD, AUD/CHF, AUD/USD, AUD/NZD, NZD/CAD 

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 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.

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