Category Archives: Uncategorized

Today in forex trading The Forex Heatmap® forex heatmap, our live signal trading signal software, indicated a buy signal on the NZD/USD. A snapshot of the real time trading signal is shown below. The NZD was strong on all pairs and the USD had some weakness.

This pair moved strong to the upside and it broke some near term resistance levels. This pair could be forming a trend on the larger time frames, like the W1 time frame. Therefore, we will be looking to set more trading plans to buy this pair again going forward. This pair has considerable upside potential from here on the W1.

The heatmap provides live trading signals for 28 pairs and assists traders with verified trade entry points and improved profit management.

Live Forex Signals NZD/USD Buy

NZD/USD Buy Signal Chart

This is an analysis of the GBP/USD on the D1 time frame. This pair is close to a full reversal on the D1 time frame and a new uptrend forming. Tomorrow morning in the main trading session there is USD Consumer Price Index news. This could drive volatility and price movement. If the USD is weak after the CPI news on The Forex Heatmap®, then consider a buy on this pair. If the D1 uptrend fully forms it has overall potential of over 400 pips. See yellow line notations on the charts. You can also set an audible price alert at 1.2330 to notify you and help to intercept the movement.

Any time a forex traders sees a new D1 uptrend forming on any of the major forex pairs, and also the exotic pairs, they should take note as getting into the trend at the beginning of the movement should be a priority, and your money management ratio will always be heavily in your favor.

GBP/USD D1 Time Frame

Today in forex trading the NZD (New Zealand Dollar) strength signals were evident on all pairs on The Forex Heatmap® forex heatmap. The NZD/CAD and NZD/USD both moved strong to the upside starting in the Asian session and moving higher overnight and into the main trading session. Both of these NZD pairs have established new D1 time frame uptrends. We expect both pairs to continue to move higher, after one retracement period.

The NZD/CAD and NZD/USD both moved up over 100 pips each, excellent price movement for traders to take advantage of. This momemtum based trading system and trend indicators will assist greatly at confirming your trade entry points across 28 pairs, not just the NZD pairs. The heatmap can be used for trend based trading, trading after the news, or unexpected price movements on the forex market. The heatmap is easy to read for all traders, even beginners.

Forex Trade Signals NZD Strength

Forex Trade Signals NZD/CAD Chart

This is the current trend analysis of the CHF/JPY on the largest time frames. This pair is trending higher on the MN time frame and has broken the 20 year resistance levels. It is at all time highs at the current pricing. If you enter a buy trade in the direction of the trend, trying to set a resistance target is not as simple because you have no visible target on your chart. In this case you can check the EUR/JPY, GBP/JPY, and USD/JPY resistance areas. If several of these pairs start to hit known resistance levels then the CHF/JPY will start to stall and form a resistance level also. Then you can scale out lots and manage the trade better with better profit taking procedures.

CHF/JPY Trend Analysis

The USD/CAD trend analysis is shown here. This pair is trending higher on the larger time frames, like the MN time frame shown below. The near term resistance level is at 1.3350. Traders can set a buy alarm at that price level and monitor for a buy signal on The Forex Heatmap®. There is no no nearby resistance past the alarm price, we see no resistance until around 1.3800, so this pair has about 450 pips of upside potential. This is very good money management and risk/reward ratio for a trade.

USD/CAD Chart Analysis 9-23-2015

Today in the forex market the GBP/JPY had a sell signal on The Forex Heatmap® forex heatmap. This pair sold off strong to just above the 127.00 support level. We would scale out lots at these price levels, but it could continue lower and has additional room to drop on the H4 and D1 time frame to the next support level. The NZD/JPY also dropped today and this pair should continue down to at least the next major support level, and possibly much lower since this pair is also in a strong downtrend. The sell signal for the GBP/JPY is below, this is the Forex Heatmap®, it gives live trading signals for seven of the forex major pairs, and a total of 28 currency pairs.

You can see that the GBP (British Pound) was weak today and the JPY (Japanese Yen) had some strength, creating a scenario for a strong sell off on the GBP/JPY pair. This profitable trading system for 28 pairs is available from Forexearlywarning.com.

GBP/JPY Sell Signal

GBP/JPY Sell Signal Chart

Today in forex trading the GBP/JPY had a buy signal on The Forex Heatmap® forex heatmap. This pair cycled up to the 131.25  area resistance, we would scale out some lots and manage profits at this resistance area. The GBP/USD also moved up strong and this pair has no nearby resistance, it should continue higher on the D1 time frame. Check the signals below, the GBP (British Pound) was strong on all 7 pairs and the JPY (Japanese Yen) was mostly weak. This creates conditions for strong movements on volatile pairs like the GBP/JPY. The Forex Heatmap® provides live buy and sell signals for 28 currency pairs.  The heatmap is an important part of our trading system along with multiple time frame analysis, support and resistance levels, and trading with the trends on the higher time frames.

GBP/JPY Buy Signal

GBP/JPY Buy Signal Chart

This is a trend analysis of the GBP/CAD pair using the higher time frames and support and resistance breakout points. With the Forexearlywarning trading system we use multiple time frame analysis, with a focus on the higher time frames, as our market analysis method.

In the example below you can see the W1 time frame trend on the GBP/CAD. Currently this pair is in a nice uptrend with more upside potential to about the 1.7300 area which is about 500 pips above the current pricing.  Most forex traders work with the smaller time frames but moving to the higher time frames on trending pairs will result in much more pip potential.

GBPCAD W1 Time Frame

Now lets move to the D1 time frame trend and continue the analysis. The resistance level the GBP/CAD needs to break to continue in the W1 uptrend is around 1.6820, see the yellow line.

GBPCAD D1 Time Frame

By checking all of the GBP pairs we can see that the GBP is starting to weaken slightly so the 1.6820 price resistance point might be a short term rejection point. A reversal back down or retracement may occur over the next couple of days. You can see the repetitive nature of the 1.6820 resistance level on the D1 time frame chart. Traders can watch our video on how to set audible price alerts for any currency pair to monitor any pair for a price breakout.

We would advise setting an audible price alert at about 1.6830 to monitor for a price breakout into the W1 uptrend. Then check the pair again tomorrow for a possible reversal back down using our trade entry management tool.,The Forex Heatmap®. The heatmap vill give you the short term direction and trade entry management guidance.

Using multiple time frame analysis and setting up the charts by individual currency will always reveal what is going on with any currency pair. You can use our heatmap tool plus the smaller time frames to enter any trade, but the higher time frames give you the overall perspective.

The GBP/CHF currency pair trend analysis is shown below. This is the H4 time frame. This pair sold off and is now consolidating in a cluster. We expect this pair to reverse back up and break out to the upside. Set a resistance breakout alert at 1.4900, see red line.

Above there it has around 400 pips of upside potential back up to the 1.5300 resistance area. When the alert hits check The Forex Heatmap® forex heatmap for buy entry verification. These price alert area and resistance target area are marked in red on the analysis chart below. The GBP/CHF currency pair was analyzed with multiple time frame analysis by individual currency, this analytical method works for all 28 currency pairs we follow at Forexearlywarning.

Currency Pair Analysis GBP/CHF

Today in forex trading the NZD pairs had a real time trading alert to sell the NZD (New Zealand Dollar) on on The Forex Heatmap®. The New Zealand Dollar (NZD) was weak on all pairs. This drove the NZD/JPY much lower and the EUR/NZD higher. Both pairs should continue in the same direction as they are both now back into their trends on the larger time frames. The trading alerts you see below are from The Forex Heatmap®, which provides live trading alerts for 8 currencies like the NZD and a total of  28 pairs.

NZD Pairs Trading Alert

NZD Pairs Trading Alert Chart