Currency Strength and Weakness for Thursday 18th April 2013

Andrew Mitchem

Special Consultant to the FPA
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Hi Traders,

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.

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Overall there is strength in the USD with minor strength in the NZD and CAD.

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


Trading Directions I am favouring for the next 24 hours

VERY IMPORTANT NOTE: 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

Buy Trades – USD/CHF, CAD/CHF

Sell Trades – EUR/USD, EUR/NZD, EUR/CAD, GBP/USD, AUD/USD


To Your Trading Success,
Andrew


- Andrew Mitchem
The Forex Trading Coach
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