Currency Strength and Weakness for Thursday 1st May 2014

Andrew Mitchem

Special Consultant to the FPA
Messages
3,145
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 a public holiday in several European Countries today.

Overall there is strength in the EUR, NZD, JPY and CHF.

Overall there is weakness in the USD, CAD and AUD.


Trading Directions I am favouring for the next 24 hours


Buy Trades – EUR/USD, GBP/USD, EUR/CAD, GBP/CAD, NZD/USD, NZD/CAD

Sell Trades - AUD/NZD, CAD/CHF, USD/JPY, USD/CHF


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.


5th BIRTHDAY PROMOTION:

The Forex Trading Coach celebrates it's 5th birthday next week and to celebrate I am holding a 5 day discounted course promotion. To find out more and to register your interest, please click on my signature below.



To Your Trading Success.
Andrew


- Andrew Mitchem
The Forex Trading Coach
30 minute a day "full time" forex trading?

Learn how I do it>>

 
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