Currency Strength and Weakness for Thursday 10th December 2020

Andrew Mitchem

Special Consultant to the FPA
Messages
2,517
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.

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 AUD and GBP

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



Trading Directions I am favouring for the next 24 hours

DISCLAIMER: My clients have full access to my trading strategy, including specific 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.


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

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


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View more details by clicking on my signature at the bottom of this post.


To Your Trading Success.
Andrew


- Andrew Mitchem
The Forex Trading Coach
Download My Free Risk Calculator for MT4>>

 
Messages
5
AUD strength, yes, GBP strength, not so much

Sell EUR/GBP, nasty, straight up 100 pips :eek:

Keen on selling XAG/USD I notice

Keen on selling XAG/USD I notice

:)
 

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Yes posting this 12 hours after is always much easier with some hindsight!

I'm not saying it's a forecast, it's a result, that when you publish results; after the event happens.

Or as in this case, the strength and weakness can be observed DURING the event.

I don't think you got the double comment about XAGUSD :cool:
 
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