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