Today in forex trading the USD (US Dollar) was weak on all pairs, driving price movement and trading opportunities. There was also some JPY (Japanese Yen) strength in the market, so the USD/JPY dropped strong to the downside. This pair is approaching a support level so we would consider scaling out lots and managing and profit. The GBP/USD also rose and this pair is inside of several resistance levels, and once again we would exit the trade or scale out most of your lots traded. The trading signals you see below are from The Forex Heatmap®, a real time visual map of the spot forex.
Forex Trading Signals USD Weakness 4-8-2014