Currency Strength and Weakness for Wednesday 24th July 2013

Andrew Mitchem

Special Consultant to the FPA
Messages
3,129
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.


Overall there is minor strength in the CAD, EUR, NZD and AUD.

Overall there is minor weakness in the USD and GBP..


Trading Directions I am favouring for the next 24 hours


Buy Trades - EUR/USD, EUR/GBP, AUD/USD, NZD/USD.

Sell Trades - GBP/CAD, USD/CAD, GBP/AUD.


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



WEEKLY TRADING NEWS VIDEO and iTUNES PODCAST: View my weekly Forex news video which I made last week while in Sydney.

In this week's video I talk about - Managing your Profit Targets.


Find out more by clicking on my signature at the bottom of this post.


To Your Trading Success.
Andrew


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

Learn how I do it>>

 
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