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Currency Strength and Weakness for Friday 20th June 2014

Discussion in 'Andrew Mitchem- Daily Strengths and Weaknesses' started by Andrew Mitchem, Jun 19, 2014.

  1. Andrew Mitchem

    Andrew Mitchem Special Consultant to the FPA

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    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 book "From Dairy Farmer to Forex Trader" is now available on Amazon, as the physical book and also as a Kindle download.
    Click here for details


    My suggestions are posted by 6pm EST each day.


    Overall there is strength in the GBP, CAD, XAU and XAG.

    Overall there is weakness in the USD, JPY and EUR.


    Trading Directions I am favouring for the next 24 hours


    Buy Trades – GBP/USD, GBP/JPY, GBP/AUD, CAD/JPY

    Sell Trades - EUR/GBP



    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 help.


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    Have a fantastic weekend.

    Andrew


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

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