5538
Today in forex trading the CAD was strong. The CAD/JPY moved up and the EUR/CAD dropped. The CAD/JPY is trending up on the W1 time frame, with no nearby resistance. The EUR/CAD is trending down on the W1 time frame, with no nearby support. We will continue planning more trend based trades on these pairs.
5537
CAD/JPY - strong uptrend in place, set buy alarm at 86.75, excellent upside potential past there.
USD/JPY - strong uptrend in place, set buy alarm at 114.70, excellent upside potential past there.
EUR/CAD - strong downtrend in place, set sell alarm at 1.3980, potential to 1.3600 or much lower.
EUR/NZD - strong downtrend in place, set sell alarm at 1.4760, potential is down to 1.4200 or possibly lower.
CAD/CHF - strong uptrend in place, set buy alarm at 0.7710, there are some historical resistance levels nearby, so only use strong heatmap buy signals, if the buy signals are strong this pair could move up to 0.7950, which is the next major resistance level.
News drivers for the upcoming main session from the USD can be found on the news calendars.
5536
Today in forex trading the USD and CAD were strong and the EUR and CHF were weak. The EUR/USD moved down strong and the USD/CHF moved up strong, both pairs are inside of clusters so we would scale out lots or exit any short term trades. The EUR/CAD moved down strong, the pair is trending down on the W1 time frame and we will likely continue issuing sell plans on this pair as it has much more pip potential. The CAD/CHF moved much higher, we would scale out lots on any buys due to some historical resistance levels nearby, but this pair is also trending up on the W1 time frame.
5535
AUD/USD - D1 uptrend in place, set buy alarm at 0.7505, upside potential is to the 0.7700 area.
NZD/USD - D1 uptrend in place, set buy alarm at 0.7215, next resistance is close by at 0.7325.
USD/CHF - D1 downtrend forming, set sell alarm at 1.0050, this pair should drop 1-3 days.
EUR/USD - D1 uptrend in place, set buy alarm at 1.0785, this pair should move up for 1-3 days.
NZD/CHF - strong uptrend in place, set buy alarm at 0.7260, next resistance is close by at 0.7375.
News drivers for the upcoming main session from the EUR and USD can be found on the news calendars.
5534
Today in forex trading the GBP was weak. The GBP/AUD and GBP/NZD dropped. Both pairs have H4 time frame support so they will likely continue lower one more day. We would scale out lots or exit any short term trades based on GBP weakness. These two pairs will likely reverse back up in a couple of days as the GBP pairs look like they are ranging now.
News drivers for the upcoming Asian session from the NZD can be found on the news calendars.
5533
EUR/JPY – W1 uptrend in place. Set a price alert 122.85. Due to some nearby historical resistance levels only use strong Heatmap signals on entry. Overall Potential is very good.
USD/JPY – W1 uptrend in place. Set a price alert at 114.55. Excellent upside potential past there.
News drivers for the upcoming main session from the GBP, CAD and USD can be found on the news calendars.
5532
Today in forex trading the market was quiet. We saw very little movement. Some NZD weakness was visible on the small time frames, but that was all. No strong movements or breakouts today. Most of the currency groups had no movement at all and just consolidated.
News drivers for the upcoming Asian session from the NZD and AUD can be found on the news calendars.
5531
NZD/USD - D1 uptrend in place, set buy alarm at 0.7165, resistance target area is at 0.7350 area.
USD/CHF - D1 trend is crossing to the downside, set sell alarm at 1.0050, this pair should drop 1-3 days, exact target unknown.
EUR/USD - D1 trend is crossing to the upside, set buy alarm at 1.0785, this pair should cycle up 1-3 days, the overall trend is down on the MN time frame.
GBP/USD - D1 uptrend in place, set buy alarm at 1.2740, next resistance is at 1.2975 area.
News drivers for the upcoming main session from the CAD and NZD can be found on the news calendars. News drivers also pending in about one hour in the Asian session from the AUD.
5530
Today in forex trading the EUR strengthened on all pairs, and the movements were very good. However many of these pairs are lacking trend support going up. Pairs like the EUR/NZD have no trend support to the upside so we would scale out lots on any buys. The EUR/USD moved up also but we only see some H4 trend support, once again we would scale out lots on any buys. The EUR/JPY is trending up on the W1 time frame and it is possible that this pair could continue higher, but the smaller time frames are still somewhat unstable, the EUR could weaken from here as the trends are mixed on the EUR group.
News drivers for the upcoming Asian session from the AUD can be found on the news calendars.
5529
GBP/NZD - strong uptrend forming, set buy alarm at 1.7950, next major resistance is at 1.8225
GBP/AUD - strong uptrend forming, set buy alarm at 1.7120, some areas of resistance to 1.7150, then a lot of pip potential past there.
EUR/GBP - strong downtrend in place, set sell alarm at 0.8310, no nearby support below there.
EUR/CAD - strong downtrend in place, set sell alarm at 1.4030, potential is down to 1.3600.
Other Pairs
The JPY pairs are all still trending up but all of these pairs are consolidating now.
News drivers for the upcoming main session from the GBP and USD can be found on the news calendars.
5528
Today in forex trading the market signals were mixed. There was only some small moves on the smaller time frames. We did not see any strong heatmap signals or breakouts on the larger time frames after the NFP news in the main session.
5527
Tomorrow after NFP news driver please consider the following possible trade setups and trends. If the USD is weak after NFP please consider these three USD pairs.
EUR/USD - look for a buy signal on this pair, the H4/D1 time frames could cycle up from here for a few days.
USD/CHF - look for a sell signal on this pair, the H4/D1 time frames could cycle down from here for a few days.
GBP/USD - this pair is slightly choppy but we would consider any buy signal after NFP, good upside potential on the D1 time frame.
GBP/AUD - if you see a strong buy signal on this pair after NFP consider a buy, it has short term resistance to 1.7120, but a lot of upside potential past there.
News drivers for the upcoming main session from the GBP, CAD and USD can be found on the news calendars.
5526
Today in forex trading the NZD was weak. The CAD also had some strength. The NZD/CAD sold off. This pair has broken one support level and should continue down to the next support at 0.9325 on the H4 time frame.
News drivers for the upcoming Asian session from the AUD can be found on the news calendars.
5525
GBP/JPY - strong uptrend in place, set buy alarm at 143.70, no nearby resistance past there.
GBP/CHF - strong uptrend is forming, set buy alarm at 1.2750, next resistance area is 1.2900.
GBP/AUD - set resistance breakout alarm at 1.6985 on this pair, strong uptrend should form above there with excellent upside potential.
USD/JPY - strong uptrend in place, set buy alarm at 114.80, no nearby resistance past there.
AUD/JPY - strong uptrend in place, set buy alarm at 84.70, next major resistance 86.75.
CHF/JPY - strong uptrend in place, set buy alarm at 112.75, no nearby resistance past there.
News drivers for the upcoming main session from the GBP and USD can be found on the news calendars.
5524
Today in forex trading the JPY was weak and the AUD was also weak. The GBP/JPY broke one resistance level and moved strong to the upside, this pair has no nearby resistance and a lot more upside pip potential. The AUD/USD dropped, this pair is not trending, it is ranging on the smaller time frames, so we would scale out lots or exit any short term sells on this pair.
News drivers for the upcoming Asian session from the AUD can be found on the news calendars.
5523
NZD/CAD - D1 uptrend is forming, set buy alarm at 0.9610, this pair has potential up to 0.9825 or possibly higher.
GBP/NZD - set sell alarm at 1.7425, consider any strong sell signal on this pair, excellent overall potential on the D1 time frame.
EUR/NZD - strong downtrend in place, set sell alarm at 1.4870, no nearby support past there.
NZD/CHF - strong uptrend forming, set buy alarm at 0.7240, next major resistance is 0.7375.
NZD/USD - D1 uptrend is forming, set buy alarm at 0.7160, potential back up to 0.7350 resistance.
News drivers for the upcoming main session from the GBP, EUR, USD and CAD can be found on the news calendars. Also, the OPEC meetings are scheduled for tomorrow as well.
5522
Today in forex trading the JPY was weak and the JPY pairs resumed their W1 time frame uptrends. Strong moves up on many pairs. The NZD/JPY broke out to the upside and has ongoing upside potential. The GBP/JPY and EUR/JPY have not fully broken out yet, but we suspect they will this week.
News drivers for the upcoming Asian session from the NZD can be found on the news calendars.
5521
AUD/USD - set a buy alarm at 0.7500, above this price the D1 trend could form going up with very good pip potential.
Many of the GBP pairs could form fresh trends on the D1 time frame based on GBP weakness, look for strong signals on these pairs in the main session. We could only locate a price alarm point for the GBP/NZD.
EUR/GBP - consider any strong buy signal on this pair, excellent pip potential.
GBP/AUD - consider any strong sell signal on this pair, excellent potential.
GBP/CHF - consider any strong sell signal on this pair, excellent potential.
GBP/NZD - set sell alarm at 1.7450, consider any strong sell signal on this pair, excellent overall potential.
News drivers for the upcoming main session from the USD can be found on the news calendars.
5520
Today in forex trading the CAD was strong on all pairs. The GBP/CAD and EUR/CAD dropped and the CAD/CHF moved up. All of these movements were strong but they all look like short term moves on the smaller time frames only. We would scale out lots or exit any of these trades based on CAD strength.
News drivers for the upcoming Asian session from the CAD can be found on the news calendars.
5519
AUD/USD - set buy alarm at 0.7460 on this pair, the D1 trend could form going back up on this pair, overall pip potential is very good if the D1 trend cycles all the way back up.
EUR/USD - set buy alarm at 1.0650, the D1 trend could form and cycle up for 1-3 days from here.
USD/CHF - when the EUR/USD alarm hits check the USD/CHF for a sell signal, the D1 trend could form and cycle down for 1-3 days.
EUR/CAD - D1 uptrend is forming, set buy alarm at 1.4365, excellent upside pip potential.
EUR/AUD - the H4 time frame is starting to cycle up, look for a buy signal on this pair in the main session, potential is up to the 1.4450 area.
CAD/CHF - D1 downtrend forming, set sell alarm at 0.7470, excellent pip potential on any sells.
EUR/CHF - set buy alarm at 1.0760, the D1 trend could form going up, this pair is slightly choppy so only use strong heatmap buy signals.
NZD/CAD - D1 uptrend is forming, set buy alarm at 0.9535, excellent upside potential.
Other Pairs- the JPY pairs are all trending up but they all look like they are consolidating for a day.
News drivers for the upcoming main session from the EUR and CAD can be found on the news calendars. | .jpg "Forex Heatmap")
