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Forex Trend Charts EUR/CHF – Coming Soon !

Today in forex trading the GBP (British Pound) strength was signaled on The Forex Heatmap®. This caused price strong movement on this group of pairs. The GBP/CHF broke to the upside and has no resistance past the current pricing, it is trending higher. The EUR/GBP broke support and should continue lower in it’s downtrend. The GBP/AUD moved strong to the upside but is still inside of some resistance layers so we would scale out lots on this buy trade. The live trading signals you see below for the GBP pairs is The Forex Heatmap®, it also provides signals for seven other currency groups.

Forex Trading Signals GBP Strength 2-18-2015

The USD/CHF is not trending now. The analysis indicates that this pair is consolidating and is going sideways on the H4 time frame in a narrow price range. To catch the next movement and breakout in either direction traders should set a straddle alert on this pair at 0.9200 and 0.9300 to catch movement in either direction. A straddle alert is two audible price alerts set above and below the consolidation zone.

After the price alert hist hits you can verify the trade entry in either direction with The Forex Heatmap® forex heatmap There is plenty of room to move in either direction as there is no nearby support or resistance past the straddle alarm prices. The forex trend indicators you see are 5/12 exponential moving averages that we provide to forex traders at no cost. Price alerts are also free and valuable for detecting price movement on any of the 28 pairs we follow.

USD/CHF Trend Analysis

Today in forex trading the EUR strength cased movement on many pairs. The Euro (EUR) was strong on all pairs, there was also some AUD (Australian Dollar) and CHF (Swiss Franc) weakness on the market. The EUR/AUD moved up strong and is forming a D1 time frame trend. It still has more upside and we will be preparing a detailed forex trading plan to buy this pair. The EUR/CHF also moved up strong and this pair will likely continue higher as it has no nearby resistance. The live trade signals you see below for these EUR pairs are from The Forex Heatmap®.

Forex Trade Signals EUR Strength 1-29-2015

The trend indicators shown below on the AUD/USD indicate the trend is down on the largest time frames. The time frame shown on this pair is the MN time frame. The current support on the AUD/USD is 0.7870, denoted by the yellow line, you can set a price alert here. When the alert hits you can check The Forex Heatmap® for a sell signal. This pair has plenty or room to drop below there, there is no nearby support levels past there. These trend indicators are exponential moving averages that can be set up on any Metatrader platform.

Forex Trend Indicators AUD/USD 1-28/2015

Today in forex trading The Forex Heatmap® alert system signaled CHF weakness. The CHF  (Swiss Franc) weakness drove very strong price movement. All of the CHF pairs moved on this basis. There was some EUR strength in the market as well. The EUR/CHF moved up strong on the smaller time frames. The movement was good but all of the CHF pairs are still range bound, so we would exit this short term trade or scale out lots. The alert system you see pictured below showing the CHF weakness is The Forex Heatmap®, a real time visual map of the forex market. It gives visual trading alerts for 28 currency pairs.

Forex Alert System CHF Weakness 1-26-2015

The GBP/CAD analysis below shows that this pair has broken through short term resistance and is now trending up again on the largest time frames. The  current short term resistance level is at 1.8730. We would set a price alert here. When the alert hits we would look for more buy signals going forward above this price on The Forex Heatmap®. The upside potential on this trend is still very good. The Canadian Dollar (CAD) interest rate news today could signal more CAD weakness ahead, which would continue to drive this pair higher. The analysis of the GBP/CAD was performed with multiple time frame analysis.

Currency Pair Analysis GBP/CAD 1-21-2015

Today in currency trading the CAD (Canadian Dollar) weakness was visible on all pairs. There was also some British Pound (GBP) strength in the market today. This drove the GBP/CAD strong to the upside. The movement was very good, but we would consider this a short term trade because it is inside of resistance layers on the higher time frames. So we would close out some lots or exit the trade completely. The trading signals for the CAD you see below are from The Forex Heatmap®, which provides live buy and sell signals for 28 currency pairs.

Currency Strength Trading CAD Weakness 1-20-2015

The USD/CHF chart analysis shows that this pair is trending higher is trending higher on the largest time frames, like the MN time frame shown below. The current resistance is at 1.0225. You can set a price alert here. When the alert hits check The Forex Heatmap® for a buy signal. We do not see any resistance past the alert price nearby plus considerable upside potential of over 600 pips. The chart analysis you see below was performed with multiple time frame analysis.

Forex Chart Analysis USD/CHF 1-14-2015

The GBP/JPY charts show that this pair is is still trending up on the larger time frames, but it has sold off on the H4 time frame. We expect this pair to reverse to the upside. It has the  potential to cycle back up to the 187.00 resistance area again. You can set a price alert at the 180.75 level on this pair. When the alert hits look for a buy signal on The Forex Heatmap®.  This is the H4 time frame chart shown below, these charts are exponential moving averages set up on a meta trader platform.

Forex Trading Charts GBP/JPY 1-7-2015