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