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GBP/AUD Analysis 11-19-2014
The GBP/AUD is tending up on the H4 time frame. Several pairs on the forex market are also cycling or oscillating on the H4 time frames. The current resistance level is around 1.8235 on this pair. You can set a buy alert at this point. When the alert hits you can check The Forex Heatmap® to verify the buy entry. Past the alert price there is some resistance at 1.8390, but it has potential to go much higher, possibly the 1.8600 area, shown by the yellow line. This represents about 375 pips of overall potential still remaining on the H4 time frame oscillation/range cycle. This analysis of the GBP/AUD was performed with multiple time frame analysis.
Forex Market AUD Weakness 11-19-2014
Today in the forex market the Australian Dollar (AUD) was weak on all pairs. This drove strong price movement for forex traders. There was also some British Pound (GBP) strength and minor Swiss Franc (CHF) strength in the market as well. This drove the GBP/AUD higher and the AUD/CHF lower. The movements were strong but both pairs are ranging inside of support and resistance, so we would scale out lots on either trade. The AUD weakness you see below is shown on The Forex Heatmap®, which gives live buy and sell signals for 28 pairs including the AUD pairs.
GBP/USD Chart Analysis 11-12-2014
The GBP/USD chart shows that this pair is currently trending down on the largest time frames, like the W1 and MN time frames shown below. Current support level is around 1.5760, shown by the yellow line on the right. You can set a price alert here on your trading platform. When the alert hits check The Forex Heatmap® for a sell signal. Below there we see no nearby support, so the overall pip potential is excellent. The chart analysis on the GBP/USD was performed with moving averages using multiple time frame analysis.
Forex Signals GBP/NZD Sell 11-12-2014
Today in forex trading the GBP/NZD had a sell signal on The Forex Heatmap®. The British Pound (GBP) was mostly weak and the New Zealand Dollar (NZD) was strong, as shown on the heatmap below. This drove price movement on the NZD pairs. The GBP/NZD dropped very hard, it is currently at one support level and we would scale out some lots here at the current prices and support. The NZD/USD also rose on the NZD strength but this is a short term trade only inside of trading ranges. The signals you see below are from The Forex Heatmap®, which provides live buy and sell signals for 28 pairs. The signal clearly shows NZD strength driving today’s movements.
The GBP/NZD sell signal occurred in the main forex trading session, which is one of the best times to trade the forex market. The forex market has two trading sessions, the main trading session and the Asian trading session. Strong movements occur every week in the main trading session.
AUD/USD Trend Analysis 11-5-2014
The AUD/USD is trending down on the larger time frames, like the MN time frame shown below. The current support level is at 0.8565, shown by the yellow line on the right. You can set a price alert at this level here on your trading platform. When the price alert hits check The Forex Heatmap® for AUD weakness or CAD strength, or both, to verify a sell trade. The next support level is at 0.8300, which is 265 pip below the alert price. There is an additional support level below there at 0.8100. The trend analysis you see below was done with exponential moving averages and using multiple time frame analysis.
Currency Trading Signals NZD/CAD Buy 11-4-2014
Today in currency trading the NZD/CAD had a buy signal on The Forex Heatmap®. The Canadian Dollar (CAD) was weak on all pairs and this caused price movement on various CAD pairs. The EUR/CAD also moved up fairly strong, and this pair should continue higher to the next resistance area at 1.4450. The NZD/CAD moved up and this pair is at one resistance area so we would be scaling out lots and taking some profit at the current price levels. The trading signals you see below are from The Forex Heatmap®, which provides live buy and sell signals for 8 currency groups and 28 pairs. The heatmap is based on currency strength and parallel and inverse analysis.
Forex Trading Signals USD/JPY Buy 10-31-2014
Today in forex trading the USD/JPY signaled a buy on The Forex Heatmap®. The Japanese Yen (JPY) was weak on all pairs, this drove substantial price movement across the board on all JPY pairs. These movements started early in the main session and continued throughout all of the main trading session. All of the JPY exotic pairs are hitting some resistance levels so we would be scaling out lots and taking some profits. The USD/JPY has broken several levels of resistance and could continue much higher in it’s current uptrend. The trading signals you see below are from The Forex Heatmap®. The heatmap uses a live data feed to produce real time buy and sell signals for 28 pairs. It has a simple design that can be use by any forex trader, even novices, for profitable trade entries.
Forex Trading Signals AUD/JPY 10-30-2014
Today in forex trading the AUD/JPY signaled a buy on The Forex Heatmap®. The Australian Dollar (AUD) strengthened across almost all pairs. The USD and JPY had some weakness as well. This pushed the AUD/USD and AUD/JPY higher. The AUD/USD should continue to the 0.8900 resistance on the smaller time frames. The AUD/JPY has upside potential to the 98.50 resistance on the D1 time frame. The trading signals from the heatmap can be used for eight currencies and 28 pairs for live buy and sell decisions. The heatmap logic is based on forex analysis with parallel and inverse pair groups. As you can see all pairs have one common currency, the AUD.
Forex Trends GBP/NZD 10-29-2014
The GBP/NZD trend analysis shows that this pair has a resistance level at 2.0600, see yellow line. You can set a price alert at this point. When the price alert hits look for a buy look for a buy signal on this pair on the Forex Heatmap®. The next resistance levels are are 2.0800 and 2.0900 for possible profit taking. The larger trends are also pointing higher on the GBP/NZD so this pair could eventually move well past 2.0900. The trends and support and resistance on this pair were analyzed with multiple time frames.
Forex Trades EUR/JPY Buy 10-23-2014
Today in forex trading the EUR/JPY had a buy signal on The Forex Heatmap®. The Japanese Yen (JPY) was weak on all pairs, driving strong movement. There was also some minor Euro (EUR), Canadian Dollar (CAD) and Australian Dollar (AUD) strength in the market today. This drove the EUR/JPY, CAD/JPY and AUD/JPY higher. The CAD/JPY is forming a new up trend on the D1 time frame and should continue much higher. The EUR/JPY is at resistance at 137.00, and the AUD/JPY should continue upward to the next resistance level at 95.50. The trades and signals you see below are from The Forex Heatmap®, which provides live buy and sell signals for 28 pairs including the JPY pairs.