Tag Archives: JPY weakness

GBP/JPY Trading Alert 4-22-2016

Today in forex trading the GBP/JPY had a buy alert on The Forex Heatmap®. This pair had very strong movement to the upside. This pair is likely to continue to the next major resistance area at 162.00. Since the overall trend on the MN time frame is still down, we suggest scaling out lots on any profitable buy entries and trading on this pair. Other JPY pairs like the CAD/JPY also broke out and moved much higher today, the CAD/JPY is forming a larger trend on the W1 time frame. The live trading alerts form The Forex Heatmap® are for buying and selling 28 pairs. Below you can see the heatmap live signal showing GBP (British Pound) strength and JPY (Japanese Yen) weakness in the market, creating the strong movement in the GBP/JPY. This is a powerful forex indicator that is part of our profitable trading system.

GBP/JPY Trading Alert 4-22-2016

GBP/JPY Trading Alert 4-22-2016

GBP/JPY Trading Alert 4-22-2016

GBP/JPY Trading Alert 4-22-2016

GBP/JPY Sell Signal 9-22-2015

Today in the forex market the GBP/JPY had a sell signal on The Forex Heatmap®. This pair sold off strong to just above the 184.00 support level. We would scale out lots at this price but it could continue lower and has additional room to drop on the H4 and D1 time frame to the next support level. The AUD/JPY also dropped today and this pair should continue down to at least the 82.50 support, and possibly much lower since this pair is in a strong downtrend. The sell signal for the GBP/JPY is below, this is the Forex Heatmap®, it gives live trading signals for 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 9-22-2015

GBP/JPY Sell Signal 9-22-2015

GBP/JPY Buy Signal 9-16-2015

Today in forex trading the GBP/JPY had a buy signal on The Forex Heatmap®. This pair cycled up to the 187.00 area resistance, we would scale out some lots 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, and is part of our highly profitable trading system.

GBP/JPY Buy Signal 9-16-2015

GBP/JPY Buy Signal 9-16-2015

 

Forex Signal System GBP/JPY Buy 12-11-2014

Today in the forex trading The Forex Heatmap® signal system gave a buy signal on the GBP/JPY. You an check the heatmap below, and it shows that the Japanese Yen (JPY) was weak on all pairs, which drove these pairs up. The British Pound (GBP) was mostly strong and this pushed the GBP/JPY strong movement to the upside. This pair is in a long term uptrend, so it could easily continue up to the 189.50 resistance area from here, so we consider this to be a hold. The signal system you see below is The Forex Heatmap®, which gives live buy and sell signals for 28 currency pairs.

Forex Signal System GBP/JPY Buy 12-11-2014

Forex Signal System GBP/JPY Buy 12-11-2014

Forex Trading Signals USD/JPY Buy 10-31-2014

Today in forex trading the USD/JPY signaled a buy on The Forex Heatmap®. The Japanese Yen (JPY) was weak on all pairs, this drove substantial price movement across the board on all JPY pairs. These movements started early in the main session and continued throughout all of the main trading session. All of the JPY exotic pairs are hitting some resistance levels so we would be scaling out lots and taking some profits. The USD/JPY has broken several levels of resistance and could continue much higher in it’s current uptrend. The trading signals you see below are from The Forex Heatmap®. The heatmap uses a live data feed to produce real time buy and sell signals for 28 pairs. It has a simple design that can be use by any forex trader, even novices, for profitable trade entries.

JPY Weakness 10-31-2014

JPY Weakness 10-31-2014

Forex Trades EUR/JPY Buy 10-23-2014

Today in forex trading the EUR/JPY  had a buy signal on The Forex Heatmap®. The Japanese Yen (JPY) was weak on all pairs, driving strong movement. There was also some minor Euro (EUR), Canadian Dollar (CAD) and Australian Dollar (AUD) strength in the market today. This drove the EUR/JPY, CAD/JPY and AUD/JPY higher. The CAD/JPY is forming a new up trend on the D1 time frame and should continue much higher. The EUR/JPY is at resistance at 137.00, and the  AUD/JPY should continue upward to the next resistance level at 95.50. The trades and signals you see below are from The Forex Heatmap®, which provides live buy and sell signals for 28 pairs including the JPY pairs.

Forex Trades EUR/JPY Buy 10-23-2014

Forex Trades EUR/JPY Buy 10-23-2014

CHF/JPY Trade Signal 9-18-2014

Today in forex trading the CHF/JPY had a buy signal on The Forex Heatmap®. The Japanese Yen (JPY) was weak on all pairs, driving price movement and trading opportunities. There was also some CHF and CAD strength in the market today. This drove the CHF/JPY into the resistance area at 116.50. We would scale out lots or exit at this heavy resistance level. The CAD/JPY also moved higher and although the trend is still strong on this pair, it also has levels of resistance nearby just ahead of the current pricing. The trade signal system you see below for the JPY pairs is The Forex Heatmap®, it gives live signals on eight major currency groups and 28 pairs. It works on the principle of parallel and inverse analysis and currency strength.

CHF/JPY Trade Signal 9-18-2014

CHF/JPY Trade Signal 9-18-2014

Forex Trade Signals GBP/JPY Buy 3-28-2014

Today in forex trades the GBP/JPY had a clear buy signal. The D1 trend is forming to the upside on this pair and it could continue up to the 172.75 resistance area. So it has ongoing potential and we will continue to set additional buy plans on this pair. Other Japanese Yen (JPY) pairs like  the EUR/JPY also moved higher, and this pair is also trending to the upside. The live trade signals you see below are from The Forex Heatmap®, showing the British Pound (GBP) strength and the JPY weakness.

Forex Trade Signals GBP/JPY Buy 3-28-2014

Forex Trade Signals GBP/JPY Buy 3-28-2014

Forex Currency Strength Indicator For Trade Verification

Having a forex currency strength indicator would be an important part of any accurate trade entry system. Forex traders need accurate tools for entering trades. If you combine accurate tools for trade entry with setting and moving stops you are close to creating a profitable trading system.

Look at the example forex strength indicator below. This is called The Forex Heatmap®. It is a forex currency strength indicator for 28 pairs. This is an example from daily trading in the main session. In this example EUR/JPY had a clear sell signal along with several other JPY pairs. The Japanese Yen (JPY) was strong on all pairs and the EUR (Euro) was weak across the board. This drove the EUR/JPY strongly lower.

Forex Currency Strength Indicator EUR/JPY Sell Signal

Forex Currency Strength Indicator EUR/JPY Sell

The EUR/JPY had a valid sell signal in this trading session. Since this pair was also trending down on the larger time frames, not only could a trader have had a successful trade entry, but this pair also has ongoing pip potential due to the trend on the larger time frames. A forex currency strength indicator like The Forex Heatmap® can give you a good trade entry, but if you are trading in the direction of the major trends, there will be additional upside potential to make more pips. This great indicator works for 28 currency pairs and the signals are live in the main trading session, and also the Asian trading session. Pips are possible in both trading sessions.

Another Forex Currency Strength Indicator Example

In this example, the NZD (New Zealand Dollar) is showing consistent strength in the main trading session on the heatmap. This NZD strength, combined with a small amount of CAD (Canadian Dollar) weakness, drove the NZD/CAD strongly higher on this day, a very large movement for such a low volatility pair. Here are the live signals and associated price movement.

Forex Currency Strength Indicator NZD Strength

Forex Currency Strength Indicator NZD Strength

Forex Currency Strength Indicator

Forex Currency Strength Indicator – Price Chart Movement

Once again this movement is excellent and the signals are solid, indicating NZD strength. In this case, The Forex Heatmap®, the forex currency strength indicator for trade verification, worked great to give you a signals for a strong and profitable trade entry. In this article we have only shown two examples, but this system works daily in both trading sessions for 8 currency groups and 28 pairs. You can trade all of the USD, EUR, CHF pairs, etc. with this great system. We have a complete library of example trading signals you can check for all of the pairs we follow.

Currency Trading Signals JPY Weakness 3-4-2014

Today in currency trading the JPY weakness drove price movement on all of the pairs in this group.  There was also some AUD strength and NZD strength in the market so the AUD/JPY and NZD/JPY had good short term movements to the upside. The Japanese Yen (JPY) pairs and the overall market are still somewhat choppy so we would be careful with any new trade entries and scale out lots or exit completely. Most of these pairs are ranging on the smaller time frames and no strong trends exist on these pairs.

Currency Trading Signals JPY Weakness 3-4-2014

Currency Trading Signals JPY Weakness 3-4-2014