Today in forex trading the CAD (Canadian Dollar) was weak, the NZD/CAD and AUD/CAD moved strongly higher. The NZD/CAD is trending on the W1 time frame, and this pair has additional upside potential. The AUD/CAD had a strong overnight movement and has broken one resistance level on the D1 time frame. Both of these pairs have ongoing upside potential and we will look to continue to write additional trading plans for buys over the next few days.
The AUD/CAD has hit a high of 0.9575 in intra day trading, and the NZD/CAD has hit 0.9090. The NZD/CAD has potential up to the 0.9400 area on the W1 time frame trend. The live forex signals you see below are from The Forex Heatmap®, which provides live buy and sell signals for 28 currency pairs. The heatmap give traders guided trade entry points for trending pairs and day trades.