** Important ** – I will be flying at the time tomorrow’s (Thursday’s) daily trades are posted so I will not be posting them until well into the Asian session. I am aiming to have them posted by 4pm NZT (9pm EST) which will be 5 hours later than usual. I apologise for any inconvenience.
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 CHF, JPY and NZD.
Overall there is weakness in the USD, GBP and CAD.
Trading Directions I am favouring for the next 24 hours
Buy Trades – EUR/USD, NZD/USD, EUR/CAD
Sell Trades – USD/JPY, USD/CHF, GBP/CHF, CAD/JPY, GBP/NZD, CAD/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 for help
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– Andrew Mitchem
The Forex Trading Coach
Professional Forex Trader and Educator