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.
There is the US Non-Farm Payrolls (Employment change) news release later today at 8:30am EST Friday. Be very careful with any open trades around the time of that release.
Overall there is strength in the GBP, CHF and NZD.
Overall there is weakness in the USD, AUD and JPY.
Trading Directions I am favouring for the next 24 hours
Buy Trades – GBP/JPY, GBP/AUD, NZD/JPY, CHF/JPY
Sell Trades – AUD/NZD
VERY IMPORTANT- PLEASE READ: 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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To Your Trading Success.
– Andrew Mitchem
The Forex Trading Coach
Professional Forex Trader and Educator
5th Birthday Offer, 5 Day Only, 5th-9th May