Hi Traders,
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.
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The market is giving mixed signals at present and there are few obvious trades showing right now.
Overall there is recent strength in the AUD and NZD.
Overall there is weakness in the USD and also in the EUR against most other currencies.
Trading Directions I am favouring for the next 24 hours
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
Buy Trades – EUR/USD, GBP/USD, AUD/USD, NZD/USD
Sell Trades – EUR/AUD, EUR/NZD, USD/CHF
To Your Trading Success.
Andrew Mitchem
