London Session Forex Market Analysis: USD Strength Leads the wayHi Traders,
Here’s a quick market analysis for the London session.
We’ve observed some notable movements in the currency pairs under review. As a quick recap from our weekly trade planning session (Portfolio Selection):
Strong currencies: USD remains the leader, followed by JPY, CAD, CHF, and AUD.
Weak currencies: EUR, NZD, and GBP.
The USD's bullish momentum is clearly dominating across the board, providing opportunities to target selling the weaker currencies against the USD.
Remember to approach the markets with a clear plan and stick to your trading plan.
Happy Trading!