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Time for the NZD and AUD to drop further? – Currency Strength and Weakness for Wednesday 8th July 2015

Time for the NZD and AUD to drop further? – Currency Strength and Weakness for Wednesday 8th July 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 USD and JPY.

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


Trading Directions I am favouring for the next 24 hours

Buy Trades – NONE

Sell Trades – GBP/USD, GBP/JPY, NZD/USD

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