Strength in the A strong British Pound – Currency Strength and Weakness for Wednesday 21st January 2015

Hi Forex Trader,

I make my 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. 

Overall there is strength in the GBP and USD with minor strength in the AUD. 

Overall there is weakness in the NZD, CAD, JPY and EUR.

Trading Directions I am favouring for the next 24 hours

Buy Trades – GBP/JPY, USD/JPY, USD/CAD, AUD/JPY, AUD/NZD, AUD/CAD, GBP/CAD, GBP/NZD, XAU/USD, XAG/USD

Sell Trades – EUR/USD, EUR/GBP, NZD/USD

 

VERY IMPORTANT: These are not specific trades. Do not blindly place trades in the directions given above. Use your own trading strategy and look at taking setups that oc