More Japanese Yen Strength – Currency Strength and Weakness for Wednesday 9th July 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.
Thank you for all of the feedback I’ve received regarding yesterday’s analysis – it seems that a lot of people made some amazing returns. Great news!!
My suggestions are posted by 6pm EST each day.
Overall there is minor strength in the JPY, NZD and AUD.
Overall there is minor weakness in the EUR, USD, CAD, CHF and GBP.
Trading Directions I am favouring for the next 24 hours
Buy Trades – NZD/USD, NZD/CAD
Sell Trades – USD/JPY, CHF/JPY, EUR/JPY
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
Regards
Andrew
– Andrew Mitchem
The Forex Trading Coach
Professional Forex Trader and Educator