Massive strength in the US Dollar following interest rate news – Currency Strength and Weakness for Thursday 17th June 2021

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 USD and JPY, with minor strength in the GBP

Overall there is weakness in the EUR, CHF, and AUD, with minor weakness in the NZ

Trading Directions I am favouring for the next 24 hours

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

Sell Trades – EUR/USD, EUR/GBP, EUR/JPY, GBP/USD, AUD/USD, AUD/JPY, CHF/JPY, NZD/JPY, NZD/USD, BTC/USD, XAG/USD, XAU/USD

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 CLICK HERE and I’ll send you some information to help you out.

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Andrew

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– Andrew Mitchem
The Forex Trading Coach Professional Forex Trader and Educator

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