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Currency Strength and Weakness for Wednesday 9th September – More strength in the GBP while the NZD

Discussion in 'Andrew Mitchem- Daily Strengths and Weaknesses' started by Andrew Mitchem, Sep 8, 2015.

  1. Andrew Mitchem

    Andrew Mitchem Special Consultant to the FPA

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    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 GBP, with minor strength in the AUD, NZD and CAD.


    Overall there is weakness in the CHF and JPY.




    Trading Directions I am favouring for the next 24 hours



    Buy Trades – GBP/USD, GBP/JPY, GBP/CHF, USD/CHF, NZD/JPY, AUD/USD, AUD/JPY, AUD/CHF, CAD/JPY, CAD/CHF


    Sell Trades – NONE




    VERY IMPORTANT: These are not specific trades. Do not blindly place trades in the directions given above. 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 some suggestions



    FREE FOREX WEBINAR THIS WEEK FOR NEW FOREX TRADERS


    If you are new to trading or you have been trading for 6 months or less then this is the perfect webinar for you.


    Click on my signature at the bottom of this post for more details.



    Regards

    Andrew


    - Andrew Mitchem
    The Forex Trading Coach
    Professional Forex Trader and Educator

    Learn How To Be Profitable with Forex Trading in the next 90 Days - FREE Webinar>>

     

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