Currency Strength and Weakness for Friday 6th March 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 USD with the JPY and GBP showing minor strength.

Overall there is weakness in the NZD, CHF and EUR.


Trading Directions I am favouring for the next 24 hours


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

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


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>>

 

[BinaryOptions7]

Andrew: Thanks very much for your 'Right On' Analysis of currency pairs for yesterday (Friday). I followed your lead, and I think every single one of them made me money. It took my failing trading account to the break even level. Thanks again!

 

[Andrew Mitchem]

Andrew: Thanks very much for your 'Right On' Analysis of currency pairs for yesterday (Friday). I followed your lead, and I think every single one of them made me money. It took my failing trading account to the break even level. Thanks again!

Hi,

I'm glad you were able to make money from using my analysis. It shows once again that the NFP news direction was already factored into the price.

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