Surprise new strength in the Kiwi following Fonterra news release – Currency Strength and Weakness for Thursday 28th May 2015

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.

Overall there is strength in the CHF, NZD and EUR.

Overall there is weakness in the JPY, CAD and GBP.

Trading Directions I am favouring for the next 24 hours

Buy Trades – EUR/JPY, CHF/JPY, NZD/JPY, NZD/CAD

Sell Trades – GBP/CHF, CAD/CHF 

VERY IMPORTANT: These are not specific trades. Do not blindly place trades in the directions given above. 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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Note:

There will be no trade analysis on Friday and on Monday my analysis will be published prior to the European session.

Andrew

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