Currency Strength and Weakness for Friday 30th January 2015

[Andrew Mitchem]

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.



Overall there is strength in the EUR and USD

Overall there is weakness in the AUD and CHF


Trading Directions I am favouring for the next 24 hours


Buy Trades – USD/CHF, USD/CAD, EUR/AUD, EUR/CHF

Sell Trades – NZD/USD, AUD/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 help.


A free copy of my Forex journey "From Dairy Farmer to Forex Trader" is available on video, mp3 or PDF file by clicking on my signature below.

The book has a 4 star rating on Amazon - see here


Have a fantastic weekend.

Andrew

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- Andrew Mitchem
The Forex Trading Coach
30 minute a day "full time" forex trading?
Learn how I do it>>

 

[KasaR]

Hi sir

i'm just a newbies here however i just switch around by the weakness of NZD, then i found something with NZD/JPY i think it is a Evening star..
please can u give me some advice on this ? Will it's going to brake the support LVL and aiming to 81.000 LVL ?

 

[piggywiggy]

Hi sir

i'm just a newbies here however i just switch around by the weakness of NZD, then i found something with NZD/JPY i think it is a Evening star..
please can u give me some advice on this ? Will it's going to brake the support LVL and aiming to 81.000 LVL ?View attachment 18432

He will never give you tangible advice something you can track real time. He is never wrong.

 

[Andrew Mitchem]

Hi sir

i'm just a newbies here however i just switch around by the weakness of NZD, then i found something with NZD/JPY i think it is a Evening star..
please can u give me some advice on this ? Will it's going to brake the support LVL and aiming to 81.000 LVL ?View attachment 18432

Hi,

I like the overall setup you have shown. However the bounce at the middle Bollinger band would be a concern so I'd be looking to enter a short position but only after an initial retracement than than entering straight away at the market.

I hope this helps.

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- Andrew Mitchem
The Forex Trading Coach
30 minute a day "full time" forex trading?
Learn how I do it>>