Today in currency trading the USD strength was evident in the market. The AUD, EUR and CHF were slightly weak and this drove short term movement on several pairs. The EUR/USD and AUD/USD dropped and the USD/CHF rose. These were short term movements. Due to some market choppiness we would scale out lots or exit all trades. We will look to prepare a written forex trading plan for these three pairs since the D1 trends could be forming in the direction of continuing US Dollar (USD) strength. The trading signals you see below are for The Forex Heatmap®, which give live trading signals across 28 currency pairs.
Currency Trading Signals USD Strength 2-26-2014