Currency Strength and Weakness for Thursday 30th January 2014

Andrew Mitchem

Special Consultant to the FPA
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Hi Forex Trader,

I have just released the forth chapter of my new book "From Dairy Farmer to Forex Trader" where I share my Forex journey. The aim of the book is to short cut your own learning process and to show you how anyone can become a profitable Forex trader if they really want to enough.

Chapter 4 "To Give Up or Keep Going?" is available to view on video, to listen to via an mp3 download or to read via a pdf file.
Please click on my signature at the bottom of this post for more details.


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 JPY and CHF with some strength in the USD against certain currencies.

Overall there is weakness in the NZD, AUD, GBP, and CAD with some weakness in the EUR against certain currencies.



Trading Directions I am favouring for the next 24 hours


Buy Trades - XAU/USD

Sell Trades - EUR/JPY, EUR/CHF, GBP/JPY, GBP/CHF, AUD/USD, AUD/JPY, AUD/CHF, NZD/USD, NZD/JPY, CAD/JPY, CAD/CHF


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 help.


Have a great day

Andrew


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

Learn how I do it>>

 
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