Currency Strength and Weakness for Tuesday 9th December 2014

[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.

My suggestions are posted by 6pm EST each day.

Overall there is strength in the JPY and GBP with minor strength in the EUR and CHF.

Overall there is weakness in the NZD, CAD and AUD.


Trading Directions I am favouring for the next 24 hours

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.


Buy Trades – EUR/AUD, EUR/NZD, EUR/CAD, GBP/AUD, GBP/NZD, GBP/CAD

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



To register your interest for my Christmas sale, please click on my signature below.


To Your Trading Success.
Andrew

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

 

[ahmer]

I do not see any strength in EUR for now. Btw, How can you ignore USD in your Analysis?

 

[Andrew Mitchem]

I do not see any strength in EUR for now. Btw, How can you ignore USD in your Analysis?

Hi,

If there is no obvious strength or weakness in the USD then I cannot make comment on that currency for the day.

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