Today in forex trading the NZD (New Zealand Dollar) was weak on all pairs. This drove good price movement and trading opportunities. Pairs like the EUR/NZD had strong price movements since there was also some EUR strength in the market today. The EUR/NZD should continue higher in it’s current trend, and we will continue issuing buy and sell plans on some of these pairs as the existing NZD trends have additional pip potential. Today’s NZD weakness trading signals you see below are from The Forex Heatmap®.
The NZD is one of 8 currencies we trade at Forexearlywarning. We also trade the USD, CAD, EUR, GBP, CHF, JPY and AUD. These 8 currencies combine for 28 pairs. We issue buy and sell signal for all 28 pairs, along with our trend based trading plans. The heatmap can be used to manage trade entries into trending pairs or for shorter term trades.