Category Archives: Uncategorized

Today in forex trading the AUD (Australian Dollar) weakness drove price movement on all pairs in the group. There was a strong downward move on the AUD/JPY, this pair is trending down on the D1 time frame and will continue lower. The GBP/AUD also rose to the 1.8200 resistance area, we would scale out some lots here and we will check the trends on this pair to see if it will continue. Check our next set of trading plans that will be published later today.

Forex Signals AUD Weakness 5-20-2014

The USD/CHF chart analysis is shown below. This pair is in a down trend on the larger time frames, like the W1 time frame.  It has cycled up on the H4 time frame and we now expect it to cycle back down and get back into the longer term down trend.  It should drop back down to the 0.8730 support area, shown by the yellow line, and eventually continue much lower. Look for a sell signal on this pair in the main trading session using  The Forex Heatmap®. The chart system you see below is the meta trader platform with 5/12 exponential moving averages.

USD/CHF Chart Analysis 5-14-2014

Today in currency trading the  GBP/JPY had a strong sell signal on The Forex Heatmap® during the main forex trading session. This pair should continue to drop to the 170.00 area support level, however we would scale out lots on this pair and take some profit as the longer term trend signals are mixed. This live signal is very strong as the GBP was weak and the JPY was also strong, we call this a “slingshot”.

The Forex Heatmap® signaling system you see below works for 28 currency pairs and eight major currency groups. The heatmap provides buy and sell signals in the during both forex trading session and the best times to trade the forex market. The Asian trading session and the main trading session.

GBP/JPY Sell Signal The Forex Heatmap

Today in currency trading the consistent EUR (Euro) weakness drove price movement across the board on this group of pairs. The EUR/AUD is trending down and should continue lower. The EUR/NZD is nearing a support level breakout point at 1.5800. We will look to plan more sells on these pairs, and look for a downside breakout on the EUR/NZD. The EUR weakness is showing up on many of the trends in the current market. The live currency strength indicator  you see below is The Forex Heatmap®.

Currency Strength Trading EUR Weakness 5-13-2014

Today in currency trading the CAD (Canadian Dollar) currency strength was visible on all of the pairs in this group. This drove good price movement and trading opportunities.  The EUR/CAD dropped and it has broken one support level, this pair could be forming a larger downtrend. The CAD/CHF is also nearing a breakout point and we will look to plan more trades on both of these pairs later today in our next set of trading plans. The currency strength indicators you see below is The Forex Heatmap®, which provides live buy and sell signals for 28 pairs.

CAD Currency Strength 5-8-2014

The USD/CAD is forming a new trend to the downside. The W1 time frame is crossing to the downside so we expect this pair to start dropping. Below the current 1.0870 support area, noted in yellow, this pair has a lot of potential to drop.  You can set a price alert at this price and check The Forex Heatmap® for a sell signal below that price in the main trading session. Next support level is around 1.0650. The trend analysis you see was done with exponential moving averages and multiple time frame analysis.

USD/CAD Trend Analysis 5-7-2014

Today in forex trading The Forex Heatmap® signaled a buy on the NZD/USD. The USD (US Dollar) was weak on all pairs and there was some minor NZD (New Zealand Dollar) strength in the market. This pair is trending higher on the largest time frames and has broken most resistance levels, so it is a hold. The NZD/USD could be headed for historical highs.

Forex Signal System NZD/USD Buy 5-6-2014

The GBP/USD  analysis shows that this pair is trending higher on the MN time frame. This pair currently has no nearby resistance above the current pricing and very good upside potential. Set a price alert on this pair at 1.6885 look for a buy signal above this price using The Forex Heatmap®. This pair analysis was performed using multiple time frame analysis.

Currency Pair Analysis GBP/USD 4-30-2014

Today in forex trading the CAD (Canadian Dollar) strength created good price movement and forex trading opportunities. The EUR (Euro) was mostly weak so the EUR/CAD dropped strong to the downside. This pair should continue lower down to the next support area at 1.5075. Some Swiss Franc (CHF) weakness drove the CAD/CHF higher and this pair should continue up to the 0.8100 resistance area. The trading alert system you see below is The Forex Heatmap®.

Forex Trading Alert CAD Strength 4-29-2014

Today in the forex market the NZD (New Zealand Dollar) weakness was present on all pairs. This drove the GBP/NZD and EUR/NZD higher in trading today. Both of these pairs are some what choppy but trending higher on the D1 time frame. We would consider a hold on these pairs if you bought them, as we believe the trends will carry them higher. The visual alerts you see below are from The Forex Heatmap®, which provides live trading alerts for 28 currency pairs.

Forex Alerts NZD Weakness 4-28-2014