Today in currency trading the CAD (Canadian Dollar) pairs moved on CAD strength. See the live trading signals and alerts below in the images from The Forex Heatmap® forex heatmap. The USD/CAD moved lower but we consider this to be a shorter term trade since the overall trend is down on this pair.
The CAD/JPY also moved higher. This CAD/JPY is trending up on the D1 time frame and should continue up to the next major resistance area at 89.00, which is over 100 pips away from the current price. See the intraday chart movement for this pair below in the image. The CAD/JPY strong movement was due to mostly CAD strength, however the JPY was also slightly weak. The Forex Heatmap® provides live trading alerts for 28 currency pairs in eight different currency groups, including the CAD pairs. We send push alerts to your cellphone when the market is moving.
CAD Pairs Trading Alert
CAD Pairs Trading Chart