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. 

The market is still fairly quiet but at least today there are a few signs to help us trade over the next 24 hours.

Overall there is strength in JPY and USD.

Overall there is weakness in the NZD and AUD.

Trading Directions I am favouring for the next 24 hours

Buy Trades – GBP/NZD, EUR/NZD

Sell Trades – NZD/USD, NZD/JPY, AUD/JPY, CHF/JPY

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 here for help

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To Your Trading Success.
Andrew

 


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