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Currency Strength and Weakness for Thursday 18th April 2013

Discussion in 'Andrew Mitchem- Daily Strengths and Weaknesses' started by Andrew Mitchem, Apr 17, 2013.

  1. Andrew Mitchem

    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
    Professional Forex Trader and Educator

    Try my Free Trading Calculator>>

     

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