The GBP and NZD remain weak – Currency Strength and Weakness for Thursday 29th May 2014
My suggestions are posted by 6pm EST each day.
There is a public holiday in parts of Europe today.
Overall there is strength in the JPY, USD and CAD.
Overall there is weakness in the NZD, GBP and EUR.
Trading Directions I am favouring for the next 24 hours
Buy Trades – AUD/NZD
Sell Trades – EUR/USD, EUR/JPY, GBP/USD, GBP/JPY, GBP/CAD, GBP/CHF, NZD/USD, NZD/JPY, NZD/CAD
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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– Andrew Mitchem
The Forex Trading Coach
Professional Forex Trader and Educator