Currency Strength and Weakness for Thursday 16th January 2014

Andrew Mitchem

Special Consultant to the FPA
Messages
3,129
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 USD and CAD.

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


Trading Directions I am favouring for the next 24 hours


Buy Trades - USD/CHF, CAD/CHF

Sell Trades - EUR/USD, AUD/USD, AUD/CAD, NZD/USD



VERY 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 some suggestions


Here's something to help you trade with low risk:
AMAZING FREE TRADING TOOL: Get your own FREE copy of my MT4 trading tool which will help you trade with low risk per trade, remove much of the emotion involved with taking trades and take away the focus on making "Pips".

Get your FREE copy Now by clicking on the link at the bottom of my signature below.



Regards
Andrew


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

Learn how I do it>>

 
Last edited by a moderator:
Back
Top