Tag Archives: EUR

EUR/CAD Chart 12-10-2014

The EUR/CAD chart is shown below, this is the W1 time frame. We are looking for this pair to form a new trend on the W1 time frame in the next few days. Look for any strong buy signals on The Forex Heatmap® on this pair going forward. This pair is somewhat choppy now on the smaller time frames, but if the trend forms the overall potential is excellent. Current pricing is around 1.4280, and the upside potential is up to the 1.5400 area, so over 1100 pips is possible. Excellent money management ratio on any buy signals.

EUR/CAD Chart 12-10-2014

EUR/CAD Chart 12-10-2014

Forex Trend Charts EUR/AUD 10-15-2014

The EUR/AUD trend is reversing to the upside on the higher time frames, like the W1 time frame shown below on the chart. This uptrend currently has a resistance point at around 1.4650, shown by the yellow line. You can set a price alert here. When the alert goes off check The Forex Heatmap® to verify the trade entry. This trade has excellent upside potential up to the 1.5300-1.5400 resistance area. This is 650-750 pips of potential, so the money management ratio is excellent. The trend chart you see below is exponential moving averages that we provide to our clients.

Forex Trend Charts EUR/AUD 10-15-2014

Forex Trend Charts EUR/AUD 10-15-2014

Forex Trend Analysis EUR/USD 10-8-2014

The EUR/USD has been in a down trend, but is rebounding off of support and could continue higher. The current resistance level is at 1.2750, noted by the yellow line. You can set a price alert here. When the alert hits check The Forex Heatmap® to verify any buy entries. The next resistance area is around 1.2950, so this trade has 200 pips of potential. The overall trend is still down on the largest time frames is still pointing down, so treat any buys like short term trades for now. This pair could continue up for a few days. The trend analysis you see was done with multiple time frame analysis on the (Euro) EUR and US Dollar (USD) pairs.

Forex Trend Analysis EUR/USD 10-8-2014

Forex Trend Analysis EUR/USD 10-8-2014

EUR/USD Trend And Support Levels 9-24-2014

The EUR/USD is currently in a down trend on the larger time frames, like the W1 time frame shown below. Current support level is at 1.2770. You can set a price alert there. Below there it has minor support down to about  1.2700 then very good potential below there to the 1.2300 area, which is around 400 pips. When the alert hits you can look for a sell signal on The Forex Heatmap®. The trends and support levels on the EUR/USD were analyzed with multiple time frame analysis of trends and exponential moving averages.

EUR/USD Down Trend And Support Levels

EUR/USD Down Trend And Support Levels 9/24/2014

Forex Trends EUR/AUD 7-23-2014

The EUR/AUD is trending down on the larger time frames like the W1 time frame seen below. This pair has excellent pip potential. You can set a sell alert at the 1.4220 support level, indicated by the yellow line. When the alert hits check the signals on The Forex Heatmap® to verify the trade entry, starting tomorrow and moving forward. The EUR (Euro) is currently weak on most or all pairs we follow. These trend indicators are exponential moving averages provided to our clients by Forexearlywarning.com.

Forex Trends EUR/AUD 7-23-2014

Forex Trends EUR/AUD 7-23-2014

EUR/USD Chart 6-25-2014

The EUR/USD chart shows that a new uptrend is forming on the D1 time frame. le back on up the D1 time frame. This pair is somewhat choppy so when you monitor this pair in the main session for a buy signal, make sure your forex heatmap signals are strong on entry. The upside potential is back up to the to the 1.3900 area resistance, noted in yellow. The chart you see below is exponential moving averages installed on the meta trader platform

EURUSD D1 Time Frame Chart and Trend

EUR/NZD Analysis 6-11-2014

The EUR/NZD is trending down on the larger time frames,  like the W1 time frame shown below. The analysis shows the next major support area begins around 1.5300 or slightly below there. The current pricing is around 1.5660, so this pair has excellent pip potential for a sell. Look for a sell signal on this pair in either trading session using The Forex Heatmap®. The New Zealand Dollar (NZD) is strong across the board now after the NZD interest rate announcement today, and this should drive the NZD strength and the EUR/NZD lower. This analysis was done using the free forex trend indicators we provide to our clients and multiple time frames.

EUR/NZD Analysis 6-11-2014

EUR/NZD Analysis 6-11-2014

 

EUR/CAD D1 Time Frame 5-28-2014

The EUR/CAD D1 trend and time frame is shown below. This pair is currently in a strong a down trend. The next support level below 1.4760 looks to be around the 1.4500-1.4600 area. Set a price alert there and look for a sell signal on The Forex Heatmap® below 1.4760. The chart you see below are simple moving averages set up across multiple time frames on meta trader.

EUR/CAD D1 Time Frame 5-28-2014

EUR/CAD D1 Time Frame 5-28-2014

Currency Strength Trading EUR Weakness 5-13-2014

Today in currency trading the consistent EUR (Euro) weakness drove price movement across the board on this group of pairs. The EUR/AUD is trending down and should continue lower. The EUR/NZD is nearing a support level breakout point at 1.5800. We will look to plan more sells on these pairs, and look for a downside breakout on the EUR/NZD. The EUR weakness is showing up on many of the trends in the current market. The live currency strength indicator  you see below is The Forex Heatmap®.

Currency Strength Trading EUR Weakness 5-13-2014

Currency Strength Trading EUR Weakness 5-13-2014

Forex Chart Analysis EUR/CAD 4-23-2014

The EUR/CAD chart analysis shows that this pair is forming a new trend on the D1 time frame. The current price is at 1.5250 and the upside potential is back up to the 1.5550 resistance area, which is shown on the chart on the yellow lines. This is approximately 300 pips of upside potential. For entries into this new uptrend you can use The Forex Heatmap® to spot a buy entry point over the next few days in the main trading session. The chart analysis was performed with multiple time frame analysis.

Forex Chart Analysis EUR/CAD 4-23-2014

Forex Chart Analysis EUR/CAD 4-23-2014