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Today in forex trading the NZD/JPY had a sell signal on The Forex Heatmap® in the main forex trading session. This Japanese Yen (JPY) was strong all pairs and this drove the downward movement on this pair. This pair is trending down on the D1 time frame, and we expect it to  continue down to the 86.00 area support level. You can take profit as it approaches this support level. The  trade signal system you see below is The Forex Heatmap®, which provides live buy and sell signals for 28 pairs.

NZD/JPY Trade Signal 7-17-2014

The CHF/JPY is in a down trend on the D1 time frame. Current support is at 113.00, noted by the yellow line. You can set a price alarm at that point for a sell. Below 113.00 it has potential down to the 111.80 support level. There is a chance it could break the 111.80 support level and continue lower from there on the larger time frames. These forex indicators you see below are exponential moving averages set up on a 5 and 12 time period. Forexearlywarning makes these indicators available free for any trader who like to follow the trends of the forex market. This analysis was conducted using multiple time frame analysis of trends.

Forex Trend Charts CHF/JPY 7-16-2014

Today in forex trading, The Forex Heatmap® gave trade alerts for consistent GBP strength. The GBP/CAD moved higher as the British Pound (GBP) strengthened across the board. The EUR/GBP also moved lover, and this pair is trending lower on the higher time frames. The GBP/NZD is cycling up on  the H4 time frame and should continue up to the 1.9650 area resistance area. The alert system you see below is The Forex Heatmap®, which provides live visual trade alerts for 28 pairs and eight major currencies.

Forex Alert System GBP Strength 7-15-2014

Today after the Canadian employment news report, the CAD (Canadian Dollar) was weak on all pairs. Employment Change statistics came in at -9,400, and the unemployment rate edged up to 7.1% in June from 7.0% the prior month.

For traders, movement cycles on the CAD pairs were very good. Most of these pairs are not trending, but trading inside of ranges, so we consider these to be short term moves. The GBP/CAD did break out of one resistance level and it could continue higher to the next resistance area at 1.8450. The live currency strength indicator you see below is The Forex Heatmap®, which provides live buy and sell signals for 28 pairs. It works in most market conditions like after forex news drivers.

Currency Strength Indicator CAD Weakness 7/11/2014

The NZD/USD is trending higher on the larger time frames, like the W1 and MN time frame. This pair is just below a record price breakout to the upside with significant possible additional upside potential. Current bid price is 0.8820 and there is almost no resistance past there. Set a buy alert at 0.8830 and start to look for buy signals on this pair using The Forex Heatmap® to confirm your buy entry.  The trend indicators you see below are 5/12 exponential moving averages.

Forex Trend Analysis NZD/USD 7-9-2014

The GBP/USD is trending higher on the largest time frames, like the MN time frame shown below. Past the current pricing it has no nearby resistance and excellent upside potential. Current pricing is around 1.7170. We will continue looking for buy signals on this pair going forward using The Forex Heatmap®. The trend indicators you see below are exponential moving averages we provide to our clients for free.

Forex Trend Indicators GBP/USD 7-2-2014

Today in currency trading the AUD (Australian Dollar) strengthened on all pairs, causing movement in this group of pairs. The AUD/JPY moved strongly higher on JPY weakness and this pair has broken most short term resistance levels, it is now trending higher. We will continue to plan more buy entries on this pair. The EUR/AUD also dropped but this pair is inside of trading ranges on the H4 time frame so we would consider exiting this trade. The trading signals you see below are from The Forex Heatmap®, which provides currency signals for 28 pairs.

Currency Trading Signals AUD Strength 7-1-2014

The EUR/USD chart shows that a new uptrend is forming on the D1 time frame. le back on up the D1 time frame. This pair is somewhat choppy so when you monitor this pair in the main session for a buy signal, make sure your forex heatmap signals are strong on entry. The upside potential is back up to the to the 1.3900 area resistance, noted in yellow. The chart you see below is exponential moving averages installed on the meta trader platform

Today in currency trading the New Zealand Dollar (NZD) was strong on all pairs. This strength drove movement on several currency pairs on the NZD group. The NZD/USD cycled up and the GBP/NZD cycled down fairly strong. The NZD/USD is trading inside of a range on the smaller time frames and we would exit this trade. The GBP/NZD is also ranging but it should continue down for one more day to the next support level. The currency strength indicators you see below is The Forex Heatmap®, which provides trading signals for 28 currency pairs in real time.

Currency Strength Trading NZD Strength 6-25-2014

The AUD/NZD is oscillating and ranging on the H4 time frame. It has cycled down to support at the 1.0750 area. It will likely build a reversal at this point and oscillate back up on the H4/D1 time frames over the next 1-2 days. Upside potential is back up to the 1.1000 area resistance, noted in yellow. If a currency pair is not trending on the larger time frames it is likely an oscillatiing or ranging currency pair, but pairs like this can still be trades on 1-3 day swings. Look for a buy signal on this pair using The Forex Heatmap®, and look to exit at the 1.1000 area resistance. This pair was analyzed using multiple time frames.

AUD/NZD H4 Time Frame 6-18-2014