Currency Strength and Weakness for Wednesday 6th March 2013

[Andrew Mitchem]

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.

Yesterday was a very quiet day for many pairs which can often make predicting today's trading directions quite hard.


Overall there is strength in the AUD and NZD.

Overall there is weakness in the USD, CHF and CAD.


Trading Directions I am favouring for the next 24 hours

Buy Trades - AUD/USD, AUD/CAD, AUD/CHF, NZD/USD

Sell Trades - EUR/AUD, GBP/AUD


Happy Trading,
Andrew

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

 

[manny]

yahoo..thanks andrew!

 

[4xpipsense]

I think I caught AUD/CHF move yesterday and it's still up. Thank you Andrew. You are an eye opener.

 

[Andrew Mitchem]

I think I caught AUD/CHF move yesterday and it's still up. Thank you Andrew. You are an eye opener.

Hi 4xpipsense,

It's my pleasure, I'm pleased that my suggestions are helping you.

As I write this, the AUD/CHF has just taken out my target for the day at 0.9695.

Kind Regards,
Andrew

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