Currency Strength and Weakness for Wednesday 9th October 2013

Andrew Mitchem

Special Consultant to the FPA
Messages
3,130
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 USD, JPY and GBP.

Overall there is weakness in the CAD and minor weakness in the NZD.


Trading Directions I am favouring for the next 24 hours


Buy Trades - EUR/CAD, GBP/CAD, AUD/CAD, USD/CAD

Sell Trades - CAD/JPY


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



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To Your Trading Success.
Andrew


- Andrew Mitchem
The Forex Trading Coach
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