Currency Strength and Weakness for Friday 24th February 2017 – Selling the USD pairs

Andrew Mitchem

Special Consultant to the FPA
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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, NZD and JPY with minor strength in the CHF and CAD


Overall there is weakness in the USD, EUR and AUD




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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.




Buy Trades – GBP/USD, GBP/AUD, NZD/USD


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




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Thanks Andrew. Several good D1 setups. Although about 3/4 of these if looking more toward a D1 level plays were selling/buying into resistance/support or were clearly going against the daily trend. Maybe they could get some pips out for a shorter play, but I was looking more toward longer term trend catching, so I avoided those.

Thanks!
 
Thanks Andrew. Several good D1 setups. Although about 3/4 of these if looking more toward a D1 level plays were selling/buying into resistance/support or were clearly going against the daily trend. Maybe they could get some pips out for a shorter play, but I was looking more toward longer term trend catching, so I avoided those.

Thanks!


Thanks for that. Yes there were some good gains made on Friday.
 
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