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The CAD/JPY is building a new uptrend, as shown on the chart below. The trend charts indicate that this pair has broken out of its trading range. The D1 time frame trend is now formed and the W1 time frame trend could also form. The CAD/JPY pair has a current resistance level and breakout point at 97.00, you can set a price alert here. When the alert hits check for buy entry verification using The Forex Heatmap®. This pair has a lot of upside pip potential to 104.00 or higher, which is around 700 pips, see the red lines on the chart. The trend chart you see below has some moving averages we provide to our clients, applied to multiple time frames.

Forex Trend Charts CAD/JPY 4-15-2015

Today in forex trading the Canadian Dollar (CAD) strength drove price movement on all pairs in this group. The EUR (Euro) was also weak, so the EUR/CAD pair dropped. This pair is in a strong downtrend but it is at some historical support levels, so we would scale out some lots and take some profit. A some point it should continue lower since the trend is so strong. The USD/CAD also dropped on the CAD strength and this pair is at one support level. The trade signals you see for the CAD pairs below are from The Forex Heatmap®, which is a visual map of the spot forex that provides live signals for 28 pairs.

Forex Trade Signals CAD Strength 4-15-2015

The GBP/JPY is building a new trend going up on the D1 time frame. The current analysis shows resistance is at 179.25, you can set a price alarm here for a buy. Above this price when the alarm hits look for  a buy signal on The Forex Heatmap®. The overall pip potential is very good going up to the 184.50 resistance, this is over 500 pips of potential movement. The trend analysis you see below was done with moving averages and using multiple time frame analysis by individual currencies, which is our analytical technique for 28 pairs.

Forex Trend Analysis GBP/JPY 4-8-2015

Today in forex trading, our alert system, The Forex Heatmap®, pointed traders  to the NZD (New Zealand Dollar) strength in the market. There was also a lot of EUR (Euro) weakness in the main trading session. The EUR/NZD sold off and is at the 1.4250 support area. This is a strong support area but all of the major trends are pointing down on this pair. If this pair breaks 1.4250 there is no historical support below there, and substantial additional pip potential. The NZD/CAD also rose, this pair is ranging so we would scale out lots and manage any profitable buy entries. The alert system you see below is The Forex Heatmap®, which supplies visual trading alerts for 28 pairs.

Forex Alert System NZD Strength 4-8-2015

Today in currency trading the EUR/AUD moved up very strong on the trading signal you see below. The EUR (EUR) was strong on all pairs and the AUD (Australian Dollar) was also weak. This pair is trending higher on the D1 time frame. Since the trend on the D1 time frame on the EUR/AUD is down on the largest time frames we would scale out some lots and take some profit, however this pair could continue higher for another day or two. The trading signals you see below are from The Forex Heatmap®, our live signal system for 28 currency pairs.

Currency Trading Signals EUR/AUD Buy 4-2-2015

The GBP/NZD trend analysis is shown below. This pair is building a trend to the upside on the D1 time frame.  Currently the price alert point is around 2.3085. When the price alert hits we would look for a buy signal on The Forex Heatmap® to verify the trade entry. There is significant upside potential up to the 2.3500 area (top of the cycle), this is neearly 400 pips of potential. So the reward/risk ratio is excellent on any buys. Historically, this pair tends to behave like an ranging pair, cycling up and down on the D1 time frame between support and resistance. The trend indicators you see are exponential moving averages, then analyzed across multiple time frames and individual currencies.

GBPNZD Trend Analysis

Today in the forex market the GBP (British Pound) strength was signaled on all pairs and this is shown below on The Forex Heatmap®. There was also EUR (Euro) weakness present, causing price movement and opportunities for traders. This caused the EUR/GBP to dropstrong to the downside, this pair should continue down to retest the 0.7050 support area as the D1 trend is forming pointing down. We will also look to the GBP/CHF pair to set more trading plans, this pair has strong upside pip potential if the D1 trend fully forms going up. The trading signals you see below are from The Forex Heatmap®, our real time trade entry management tool, it provides signals for 28 pairs.

Forex Trading Signals GBP Strength 3-31-2015

This is the AUD/CHF currency pair on the D1 time frame. The trend is now pointing down.  We are setting a price alert at the 0.7505 price level, noted by the red line. Below there check The Forex Heatmap® for sell signals to validate the sell trade. This pair has some support at 0. 7400 and the next level below there is 0.7200. The analysis was performed using exponential moving average trend indicators we provide to our clients at no cost. Then we apply multiple time frame analysis of trends across all of the AUD and CHF pairs to properly analyze the AUD/CHF pair.

Currency Pair Analysis AUD/CHF 3-25-2015

Today in forex trading the CHF (Swiss Franc) strength in the market caused price movement on all pairs in the group. There was also some GBP (British Pound) weakness in the market. This caused the GBP/CHF to move strong to the downside. This pair is trending down on the D1 time frame. This pair has minor support levels below the current pricing so it would be best to scale out some lots on any sell entries.  The live trading signals you see below are from The Forex Heatmap® , it works on 28 currency pairs.

Live Forex Signals CHF Strength 3-23-2015

Today in forex trading the EUR/NZD  had a buy signal on The Forex Heatmap®. You can see on the heatmap image below that the New Zealand Dollar (NZD) was weak on all pairs. This NZD weakness drove good short term movement on several pairs. The EUR/NZD rose, and this pair could continue higher for a day or two but we would manage money or take some profit and scale out lots, as the long term downtrend will resume at some point on this pair, likely in a couple of days. Similarly, the NZD/CHF dropped against the the major trend on this pair. We also expect the NZD/CHF to reverse back up in a day or two. The forex trade signals you see below are from The Forex Heatmap®, which provides real time signals and visual alerts for 28 currency pairs.

EUR/NZD Trade Signal 3-17-2015