Today in currency trading The Forex Heatmap® signaled a buy on the EUR/AUD. The Australian Dollar (AUD) was weak on all pairs, and the market also had some Euro (EUR) strength and Swiss Franc (CHF) strength. This drove the movement and trading cycles on the AUD/CHF and EUR/AUD. These movements were against the major trends of the market but were very good short term movements for intra-day trading. The trading signal system you see below is The Forex Heatmap®, which provides live signals for the AUD pairs and a total of 8 currencies. The fundamental basis for the heatmap is forex analysis using parallel and inverse pairs.
Currency Trading Signals EUR/AUD 9-8-2014