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A Strong EURO – Currency Strength and Weakness for Wednesday 19th February 2014

BY , , , , , , , ,

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. 

IMPORTANT: Tomorrow’s (Thursday) suggestions will be posted here around 2 hours later than usual as I will be attending a funeral. 

Overall there is strength in the EUR, CHF and CAD.

Overall there is weakness in the GBP, NZD and JPY.

Trading Directions I am favouring for the next 24 hours

Buy Trades – EUR/USD, EUR/JPY, EUR/GBP, EUR/NZD, CAD/JPY, CHF/JPY, AUD/NZD 

Sell Trades – GBP/CAD, GBP/CHF, NZD/USD, NZD/CAD, NZD/CHF, USD/CHF

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 some suggestions

FREE FOREX WEBINARS THIS WEEK FOR NEW FOREX TRADERS;

Click here for more details.

Regards
Andrew

 


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