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Mark Mc Donnell is the founder of Forexearlywarning, we provide spot forex trading plans and signals across 28 currency pairs.

NZD/USD Trend Analysis 5-20-2015

The NZD/USD trend analysis shows that most of the major trends are now pointing down on this pair. When this pair reaches the 0.7225 – 0.7250 area it will begin to run out of support and we will start to set sell alerts at those prices. Below there it has room to drop down to the 0.7000 area, another critical support area. This trend analysis was done with the free trend indicators we provide to our clients, installed on meta trader. We then apply multiple time frame analysis by individual currencies. Right now the New Zealand Dollar (NZD) is weak on most or all pairs in the group

NZD/USD Trend Analysis 5-20-2015

NZD/USD Trend Analysis 5-20-2015

Currency Pair Analysis GBP/USD 5-13-2015

The GBP/USD currency pair is trending up on the W1 time frame. The analysis indicates that the current resistance is about 1.5750. You can set a price alert there and above that price look for a buy signal on The Forex Heatmap®, to confirm any buys. The 1.5750 area is denoted by the red line. The analysis of this pair was done with some simple trend indicators available to any forex trader, they are exponential moving averages. Then we use multiple time frames by individual currency to perform the analysis.

Currency Pair Analysis GBP/USD 5-13-2015

Currency Pair Analysis GBP/USD 5-13-2015

Currency Strength Indicator GBP Strength 5-11-2015

Today in currency trading the GBP (British Pound) strength caused significant price movement on these pairs. There was also some NZD (New Zealand Dollar) and JPY (Japanese Yen)  weakness in the market. The GBP/NZD and the GBP/JPY moved much higher. The GBP/NZD has broken out of a resistance range and could be headed much higher on the W1 time frame trend. The GBP/JPY also moved much higher, but this pair is hitting one resistance level at the 187.50 area, so we would be scaling out lots on this pair. The GBP strength indicator you see below is The Forex Heatmap®, which measures currency strength and weakness in 28 currency pairs, and eight currencies, to guide forex traders.

Currency Strength Indicator GBP Strength 5-11-2015

Currency Strength Indicator GBP Strength 5-11-2015

Forex Chart Analysis CAD/CHF 5-6-2015

The CAD/CHF chart shows that this pair is trending down on the D1 time frame. Below the current support level at 0.7690, shown by the red line, it has a lot of pip potential. You can set a price alert here. When the alert hits, look for a sell signal below there on The Forex Heatmap®. There is about 300 pips of potential to the next support area on this pair. Most of the market pairs are indicating a strong Swiss Franc (CHF), which supports our analysis.  The charts you see below are moving averages set up on a meta trader platform, then analyzed across multiple time frames.

Forex Chart Analysis CAD/CHF 5-6-2015

Forex Chart Analysis CAD/CHF 5-6-2015

Currency Trading Signals CHF Strength 5-5-2015

Today in currency trading the CHF (Swiss Franc) strength was signaled by The Forex Heatmap®.  This drove price movement for traders. The USD (US Dollar) also had some weakness. The USD/CHF dropped and broke one support level. This pair should continue lower to the next support level at 0.9200 but it should continue past there. The CHF/JPY also rose on the CHF strength, we would scale out lots on this pair just below the 130.00 area, which is the next resistance point. The trading signals you see below are from The Forex Heatmap®, which provides live entry signals for 28 pairs.

Currency Trading Signals CHF Strength 5-5-2015

Currency Trading Signals CHF Strength 5-5-2015

Forex Trading Charts NZD/CHF 4-29-2015

The forex chart you see below is the NZD/CHF. This pair is trending down on the D1 time frame. The current support is at 0.7140, noted by the red line. You can set a price alert here. When the alert hits you can check The Forex Heatmap® for entry verification. Look for consistent NZD weakness or CHF strength or both on entry. We see no nearby support below the alert price, so the pip potential is excellent. The charts that we use for trading are exponential moving averages set on on a meta trader platform, across multiple time frames.

Forex Trading Charts NZD/CHF 4-29-2015

Forex Trading Charts NZD/CHF 4-29-2015

Forex Trading Signals AUD Strength 4-28-2015

Today in forex trading the Australian Dollar (AUD) strength was evident on all pairs. The USD (US Dollar) and JPY (Japanese Yen) also had some weakness. The AUD/USD and AUD/JPY both had strong upward movements, and both pairs broke resistance levels. The AUD/USD could continue higher to the 0.8200 resistance and the AUD/JPY could also continue higher to the 96.50 resistance area. The EUR/AUD also broke thorough important support and the strong downtrend on this pair should take over from here. The forex trading signals you see below are from The Forex Heatmap®, a visual map of the forex market.

Forex Trading Signals AUD Strength 4-28-2015

Forex Trading Signals AUD Strength 4-28-2015

Forex Trends CAD/CHF 4-22-2015

This is a trend analysis of the CAD/CHF pair. This trend analysis uses the D1 time frame and the developing CAD strength in the forex market. This pair has a significant resistance break out point at 0.7950. We are setting a price alert here in our trading plans. Above there look for a buy signal on The Forex Heatmap®. We see excellent upside potential and likely a trend developing on the larger time frames. The trend charts you see below are exponential moving averages we provide to our clients, analyzed using multiple time frame analysis, by individual currency.

Forex Trends CAD/CHF 4-22-2015

Forex Trends CAD/CHF 4-22-2015

Live Forex Signals CHF Weakness 4-22-2015

Today in forex trading the CHF (Swiss Franc) signaled weakness across all of the pairs in the group on The Forex Heatmap®. This drove very strong price movement on the pairs in this group. The GBP (British Pound)  was also strong so the GBP/CHF had a very strong move to the upside. This pair could now continue up to the  1.4950 resistance area. Pairs like the USD/CHF also moved up and this pair could continue up to the 0.9800 resistance area. The live signal system you see below is The Forex Heatmap®, it works on 28 pairs and 8 currency groups.

Live Forex Signals CHF Weakness 4-22-2015

Live Forex Signals CHF Weakness 4-22-2015

 

Forex Trend Charts CAD/JPY 4-15-2015

The CAD/JPY is building a new uptrend, as shown on the chart below. The trend charts indicate that this pair has broken out of its trading range. The D1 time frame trend is now formed and the W1 time frame trend could also form. The CAD/JPY pair has a current resistance level and breakout point at 97.00, you can set a price alert here. When the alert hits check for buy entry verification using The Forex Heatmap®. This pair has a lot of upside pip potential to 104.00 or higher, which is around 700 pips, see the red lines on the chart. The trend chart you see below has some moving averages we provide to our clients, applied to multiple time frames.

Forex Trend Charts CAD/JPY 4-15-2015

Forex Trend Charts CAD/JPY 4-15-2015