Massive drop in the AUD as the European currencies EUR, GBP, and CHF rise - Currency Strength and We

[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.


Overall there is strength in the EUR, CHF, JPY, and GBP

Overall there is weakness in the AUD, NZD, USD, and with minor weakness in the CAD


Trading Directions I am favouring for the next 24 hours


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

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


DISCLAIMER: My clients have full access to my trading strategy, including specific trades each day that include the exact entry, stop loss and profit targets.
Use your own trading strategy and look to take trades that setup in the same direction as my daily analysis. If you don’t have a trading strategy, just CLICK HERE and I’ll send you some information to help you out.


A free copy of my Forex journey "From Dairy Farmer to Forex Trader" is available on video, mp3 or PDF file by clicking on my signature below.

The book has a 4 star rating on Amazon - see here


Have a fantastic weekend.

Andrew

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- Andrew Mitchem
The Forex Trading Coach
My Free eBook - From Dairy Farmer to Forex Trader>>

 

[Arnaud Kleinveld]

Hi Andrew, keep up the good work. Have a look at seasonals like USD devaluation next to currency strength. It's why AUD is no longer losing and back on the saddle again. Cheers, Arnaud

 

[Andrew Mitchem]

Thanks Arnaud, glad you like my analysis.