** Please note – I will be travelling to Australia today to represent New Zealand at the World Karate Championships in Sydney. I will not be able to post my daily trade suggestions while away. My next post will be on Tuesday 23rd July **
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 AUD, NZD and CHF.
Overall there is weakness in the USD, GBP and CAD.
Trading Directions I am favouring for the next 24 hours
Buy Trades – EUR/USD, AUD/USD, AUD/CAD, NZD/USD
Sell Trades – GBP/AUD, GBP/NZD, GBP/CHF, USD/JPY, USD/CHF
VERY IMPORTANT: 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
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To Your Trading Success.
– Andrew Mitchem
The Forex Trading Coach
Professional Forex Trader and Educator