5501
Today in forex trading the NZD was weak and the GBP was strong. The GBP/NZD moved higher on the D1 time frame. We would scale out lots as this pair approaches the 1.7800 resistance area, remember the long term trend is down. The NZD/USD also dropped on the smaller time frames, this pair is inside support levels and clusters, so we would scale out lots or exit any short term sells.
5500
CHF/JPY - W1 uptrend in place, set buy alarm at 108.35, excellent long term potential.
USD/JPY - W1 uptrend in place, set buy alarm at 107.00, excellent long term potential.
USD/CAD - strong uptrend in place, set buy alarm at 1.3510, no nearby resistance past there.
GBP/USD - long term trend is down but the D1 trend has a short term buy potential, set buy alarm at 1.2570, no nearby resistance past there.
GBP/AUD - long term trend is down but the D1 trend has a short term buy potential, set buy alarm at 1.6530, next resistance area is at 1.6730.
GBP/NZD - long term trend is down but the D1 trend has a short term buy potential, set buy alarm at 1.7445, next resistance area is at 1.7700.
News drivers for the upcoming main session from the USD and CAD can be found on the news calendars. Tomorrow is also a bank holiday in many regions including the USA.
5499
Today in forex trading the GBP was strong. The GBP/JPY moved higher, it broke through one resistance level and could continue higher another 1-2 days on the D1 time frame. The GBP/AUD also moved strongly higher, this pair is inside some resistance levels and remaining market volatility areas, we would scale out lots or exit any buy trades, there is a small chance it could continue higher as well.
5498
EUR/CHF - strong downtrend is forming, set sell alarm at 1.0735, almost no historical support below there.
GBP/CHF - long term trend is down, but we see a short term buy opportunity on the D1 time frame, set a buy alarm at 1.2265, no nearby resistance past there.
Other Pairs - we will look to set a buy plan on the USD/CAD above 1.3500 tomorrow, also most of the JPY pairs are in up trends we will look to set more buy plans on these when the small time frames stabilize.
News drivers for the upcoming main session from the USD can be found on the news calendars.
5497
Today in forex trading the market was volatile overnight, with many pairs moving strong in two directions. In the main session the JPY was weak, the only trades we saw were on the smaller time frames, but the movements were once again very strong. The AUD/JPY moved back up in the direction of the W1 uptrend. Other pairs like the CAD/JPY moved up in the main session but this pair has no real trend support, so we would scale out lots or exit any short term trades until the larger time frames re-establish the trends.
News drivers for the upcoming Asian session from the NZD can be found on the news calendars.
5496
Due to the USA Presidential election we can only pinpoint the strongest trends, but most pairs we cannot locate price alerts due to some volatility on the smaller time frames. All the pairs specified have good pip potential in the direction of their strong trends.
AUD/JPY, AUD/USD - these 2 pairs have strong uptrends. Consider any strong buy signals in the main session.
NZD/JPY, NZD/USD, NZD/CHF, NZD/CAD - all 4 of these pairs are in strong uptrends. Consider any strong buy signals in the main session.
EUR/NZD - strong downtrend in place. Consider any strong sell signal in the main session.
News drivers for the upcoming main session from the USD can be found on the news calendars. USA Presidential Election results still ongoing.
5495
Today in forex trading the JPY was weak. The NZD/JPY moved higher, this pair is a little choppy but it could continue much higher on the W1 uptrend. The CAD/JPY also moved up, this pair only has H4 time frame trend support, it could continue higher one more day, but this pair is inside some resistance levels and clusters. We would scale out lots on any buys.
5494
AUD/JPY - W1 uptrend in place, set buy alarm at 80.80, consider any strong heatmap buy signal, excellent upside potential.
NZD/JPY - W1 uptrend in place, set buy alarm at 76.80, consider any strong heatmap buy signal, excellent upside potential.
AUD/USD - most of the major trends are up on this pair, because of the layers of resistance nearby only consider any strong heatmap signals in the main session. Going forward we are looking for improvement in the MN time frame trend.
EUR/USD - D1 down trend could form, set sell alarm at 1.1030, next major support is close by at 1.0875.
EUR/NZD - strong downtrend in place, set sell alarm at 1.5020, no nearby support below there.
EUR/CHF - strong downtrend forming, set sell alarm at 1.0750, very little historical support below there.
NZD/CAD - strong uptrend in place, set buy alarm at 0.9825, no nearby resistance past there.
News drivers for the upcoming main session from the GBP and USD (presidential election) can be found on the news calendars.
5493
Today in forex trading the market was mostly quiet. The GBP had some minor weakness and some of the GBP pairs moved on this basis. All we saw was small moves on the smaller time frames. No strong signals, movements or breakouts today.
5492
NZD/JPY - W1 uptrend in place, set buy alarm at 76.35, we would consider any strong heatmap buy signal on this pair, excellent pip potential on the W1 trend.
EUR/NZD - strong downtrend in place, set sell alarm at 1.5115, excellent potential below there.
Other Pairs - We will look for the NZD/CAD to break through 0.9825 this week and resume the long term uptrend, we will set a buy plan later this week on this pair.
5491
Today in forex trading the GBP strengthened. The GBP/NZD and GBP/CAD moved up. The GBP/NZD moved up fairly strong but the D1 trend is not fully formed, so we would scale out lots on any buys but the GBP strength in the market could easily push this pair higher. The GBP/CAD also moved up, the D1 trend should carry this pair higher early next week, so adjust stops on this pair.
5490
Please consider these trends and possible movements after the NFP news driver tomorrow.
USD/CAD - strong uptrend in place, consider any buy signal after NFP past 1.3425, considerable pip potential past there.
The GBP/USD, GBP/AUD and GBP/CAD pairs could continue higher on the D1 time frames, consider any strong buy signals after NFP on these pairs, remember the long term trends on these pairs are down, but they still have considerable pip potential on any new buys.
News drivers for the upcoming main session from the CAD and USD can be found on the news calendars.
5489
Today in forex trading the GBP was consistently strong. The GBP/JPY and the GBP/CHF both moved up strong today. However these pairs do not have any trend support on the H4 time frames or higher, so we would scale out lots or exit any buys.
News drivers for the upcoming Asian session from the AUD and CAD can be found on the news calendars.
5488
USD/JPY - set a support alarm at 103.00 on this pair, if you see a sell signal below 102.80 it has room to drop below there on the D1 time frame.
The following three GBP pairs are in long term downtrends but all 3 could rebound back up on the D1 time frame tomorrow, after the news drivers.
GBP/USD - set buy alarm at 1.2335, no nearby resistance past there.
GBP/CAD - set buy alarm at 1.6500, excellent short term potential on any buys.
The GBP/AUD could also form a new D1 uptrend and move higher, we would consider any strong heatmap buy signals on this pair.
EUR/AUD - the long term trend is down on this pair, but the D1 time frame is trending up, with good short term buy potential. Set a buy alarm at 1.4525 on this pair, potential is up to the 1.4700 area resistance on the D1 time frame.
NZD/CAD - strong uptrend in place, set buy alarm at 0.9780, no nearby historical resistance past there.
News drivers for the upcoming main session from the GBP and USD can be found on the news calendars.
5487
Today in forex trading the NZD was strong on all pairs. The NZD/USD moved higher, this pair is inside of some resistance layers so we would scale out lots, but the long term MN trend is up. The NZD/CAD also moved higher, this pair has broken all historical resistance we can see, looks like a hold.
News drivers for the upcoming Asian session from the AUD can be found on the news calendars. News drivers are also pending from the USD in a couple of hours (FOMC).
5486
CHF/JPY – strong uptrend is forming. Set a price alarm at 106.90. Look for a strong buy signal on the Heatmap. Overall potential is excellent on the W1 time frame.
EUR/USD – D1 uptrend in place. Set a price alarm at 1.1065. Next major resistance is close by at 1.1190.
EUR/CHF – strong down trend in forming. Set a price alarm at 1.0770. Very little nearby support below there.
GBP/CHF – strong down trend in place. Set a price alarm at 1.1915. No nearby support below there.
AUD/NZD – D1 down trend in place. Set a price alarm at 1.0580. No nearby support below there.
NZD/CAD – strong uptrend in place. Set a price alarm at 0.9670. No historical resistance past there.
Pending news from the NZD at 0200 GMT tonight. News drivers for the upcoming main session from the GBP and USD can be found on the news calendars.
5485
Today in forex trading the CHF strengthened. The USD/CHF sold off, this pair should continue lower on the D1 time frame, next major support is estimated at 0.9700 area. The GBP/CHF also broke through to new lows, and this pair has little historical support left, if any, on the largest time frames, which are trending down.
News drivers for the upcoming Asian session from the AUD and NZD can be found on the news calendars.
5484
GBP/CAD - set resistance alarm at 1.6430, this pair could cycle up from here with no nearby resistance, the long term trend is down on this pair but this is a great short term buy opportunity on the D1 trend going up.
Other GBP pairs - many GBP pairs like the GBP/USD, GBP/JPY, GBP/AUD look like they are close to reversing back up on the D1 time frames, we would not be surprised to see more reversals after any GBP news driver this week.
USD/CAD - strong uptrend in place, set buy alarm at 1.3430, no nearby resistance past there.
AUD/CHF - the H4 time frame could cycle back up from here in the direction of the major trend, look for a buy signal on this pair, it should go back to 0.7650 and possibly much higher from there.
News drivers for the upcoming main session from the JPY, GBP, CAD and USD can be found on the news calendars. AUD news driver is also pending in a couple of hours.
5483
Today in forex trading the JPY had some weakness. The AUD/JPY moved up somewhat but this pair is still mostly consolidating and has not broken the short term resistance cluster. The GBP/JPY is starting to move up and is close to breaking out on the D1 time frame. We will recheck the JPY pairs later today and possibly set buy plans these pairs in the next set of trading plans, 5484.
5482
AUD/CAD - set buy alarm at 1.0190, this pair should cycle up on the H4 time frame to the 1.0270 resistance and possibly go much higher, the long term tend is up.
EUR/NZD - the long term trend is down on this pair but there is a short term buy opportunity on the D1 time frame, set buy alarm at 1.5370, no nearby resistance past there.
USD/CAD - strong uptrend in place, set buy alarm at 1.3430, excellent upside potential past there.
Other Pairs
AUD/CHF - this pair is moving down on the H4 time frame, when it stalls at support we will plan a buy for a reversal back to the upside in a day or two. Weak uptrend in place on this pair. |