More AUD$ Weakness – Currency Strength and Weakness for Tuesday 23rd September 2014
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 on the JPY pairs.
Overall there is strength in the GBP and JPY with minor strength in the EUR, USD and CHF.
Overall there is weakness in the CAD and AUD with minor weakness in the NZD.
Trading Directions I am favouring for the next 24 hours
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.
Buy Trades – GBP/AUD, GBP/NZD, GBP/CAD, EUR/AUD, EUR/CAD, USD/CAD
Sell Trades – AUD/USD, AUD/JPY, AUD/CHF, CAD/JPY, CAD/CHF
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The Forex Trading Coach
Professional Forex Trader and Educator