• flag+612 8091 5708
  • flag+1 646 583 2752
  • flag+64 21 1216268
  • flag+44 20 3289 1849

Further weakness expected in the EUR – Currency Strength and Weakness for Wednesday 19th August 2015

Further weakness expected in the EUR – Currency Strength and Weakness for Wednesday 19th August 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 GBP with minor strength in the NZD, CAD and CHF.

Overall there is weakness in the EUR and AUD with minor weakness in the USD and JPY.


Trading Directions I am favouring for the next 24 hours

 

Buy Trades – GBP/USD, GBP/JPY, GBP/AUD

Sell Trades – EUR/GBP, EUR/NZD, EUR/CAD, EUR/CHF, AUD/NZD, AUD/CAD, AUD/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 some suggestions

FREE FOREX WEBINARS THIS WEEK FOR NEW FOREX TRADERS – Click here

There are 2 webinar times this week.


Regards
Andrew


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