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.
There is a public holiday in Japan today so be careful if trading the JPY pairs.
Overall there is strength in the EUR, USD, GBP, CHF and CAD.
Overall there is weakness in the NZD, JPY and AUD.
Trading Directions I am favouring for the next 24 hours
Buy Trades – EUR/JPY, EUR/AUD, EUR/NZD, CAD/JPY, GBP/JPY, GBP/NZD, CHF/JPY
Sell Trades – AUD/CAD, NZD/USD, NZD/CAD, NZD/CHF
VERY IMPORTANT- PLEASE READ: These are not specific trades. Do not blindly place trades in the directions given below. Use your own trading strategy and look at taking setups that occur in the same direction as my daily analysis. If you don’t have your own trading strategy then email me here for help.
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The Forex Trading Coach celebrates it’s 5th birthday next week and to celebrate I am holding a 5 day discounted course promotion. To find out more register your interest by clicking here
To Your Trading Success.
– Andrew Mitchem
The Forex Trading Coach
Professional Forex Trader and Educator