Currency Strength and Weakness for Thursday 28th April 2016

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.


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


Overall there is weakness in the AUD and GBP.




Trading Directions I am favouring for the next 24 hours


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.



Buy Trades – EUR/JPY, EUR/AUD, GBP/AUD


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





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To Your Trading Success.

Andrew


- Andrew Mitchem
The Forex Trading Coach
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Last edited by a moderator:
Hi Andrew,
Given that overall you see weakness in the AUD and GBP, what are your reasons for suggesting a potential buy trade on the GBP/AUD pair?
 
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