How long will the Japanese Yen weakness continue? – Currency Strength and Weakness for Thursday 9th May 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.

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

Overall there is weakness in the JPY and AUD     

Trading Directions I am favouring for the next 24 hours

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

Sell Trades – GBP/NZD, AUD/CHF, AUD/CAD, AUD/NZD, BTC/USD, ETH/USD, BCH/USD, SOYBEAN

Disclaimer: My clients have full access to my trading strategy, including specific Currency Strength and 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