5481
Today in forex trading the EUR was consistently strong. The EUR/JPY moved up in a choppy fashion, the target price area is still 116.00 on the D1 uptrend. The EUR/AUD also moved up in a choppy fashion on the H4 time frame, the major trend is down on this pair so get stop to break even on any new buys.
5480
USD/JPY - W1 uptrend in place, set buy alarm at 105.35, excellent overall upside potential.
AUD/JPY - W1 uptrend in place, consider any strong heatmap buy signals in the main session.
USD/CAD - strong uptrend in place, set buy alarm at 1.3400, no nearby resistance past there.
EUR/NZD - overall trend is down but the D1 trend could be reversing up with great short term buy potential, set a buy alarm at 1.5325 (estimate).
EUR/AUD - long term tend is down, this pair could reverse back down on the smaller time frames and go back to the 1.4150 support and continue lower, look for a sell signal on this pair in the main session.
AUD/CHF - this pair is trending up but has sold off, it could reverse back up and go back to the 0.7650 resistance and continue much higher, look for a buy signal on this pair in the main session.
News drivers for the upcoming main session from the USD can be found on the news calendars.
5479
Today in forex trading the JPY was weak. The USD/JPY moved up and this pair has excellent overall upside potential on the W1 trend. The EUR/JPY also moved up and the next major resistance is at around 106.00 on this pair on the D1 time frame.
5478
AUD/JPY - W1 uptrend in place, look for any strong heatmap buy signals on this pair as the overall pip potential is excellent.
EUR/JPY - set buy alert at 114.20, consider any strong buy signal on this pair, the upside potential is to around 116.00.
USD/JPY - W1 uptrend is forming, set buy alarm at 104.70, excellent upside potential if W1 uptrend fully forms.
USD/CAD - strong uptrend in place, set buy alarm at 1.3390, excellent upside potential above there.
EUR/CAD - D1 uptrend in place, set buy alarm at 1.4615 (estimate), potential is up to the 1.4825 resistance area.
EUR/NZD - the long term trend is down on this pair, but we are looking for possible reversal, set a resistance alarm at 1.5270, good short term pip potential above there on any strong heatmap buy signals.
GBP/CAD - the long term trend is down on this pair, but it could reverse back up on the D1 time frame, set buy alarm at 1.6385, excellent short term pip potential on any buys.
News drivers for the upcoming main session from the GBP and USD can be found on the news calendars.
5477
Today in forex trading the GBP strengthened. This generated some short term trades against the major trends. Pairs like the GBP/AUD and GBP/JPY moved up on the small time frames. We would scale out lots or exit any short term buys on these pairs, since there is no trend support on the higher time frames.
5476
The AUD pairs are trending on AUD strength, they all moved in the Asian session. Be careful with any new buy or sell signals in the main session. These pairs need to consolidate before moving any further.
AUD/NZD - Set buy alert at 1.0755, no nearby resistance past the alert price.
GBP/AUD - Set a sell alert at 1.5790, no nearby support past the alert price.
GBP/USD - Strong downtrend in place. We would consider any strong Heatmap sell signals in the main session, then it should break through the short term support levels and establish new lows.
Other pairs - USD/CAD we will look to set a buy plan on this pair at the 1.3390 resistance breakout area tomorrow.
News drivers for the upcoming main session from the USD can be found on the news calendars.
5475
Today in forex trading the GBP was weak. The GBP/AUD sold off, this pair is in a strong downtrend but has not broken out of all support levels, we would scale out lots on any sells. The GBP/NZD also dropped, this pair is in a strong downtrend also but still inside of some support. Once again we would scale out lots on any sells. Both pairs could continue lower based on the strong down trends.
News drivers for the upcoming Asian session from the AUD can be found on the news calendars.
5474
USD/JPY - strong uptrend forming, set buy alarm at 104.50, consider any strong buy signals above this price, the upside potential is excellent if the W1 time frame fully forms.
USD/CHF - strong uptrend in place, set buy alarm at 0.9955, next resistance is at 1.0080 but more pip potential past there.
Other Pairs - The AUD strength should be coming back into the market by tomorrow, we will look to set trading based on this later this week.
News drivers for the upcoming main session from the EUR, GBP and USD can be found on the news calendars.
5473
Today in forex trading the CHF was strong. The CHF/JPY moved up on the small time frames, this pair does not have much trend support and is inside some layers of resistance, so we would scale out lots or exit. The NZD/CHF moved down, this pair should continue down one more day on the H4 time frame. The MN time frame is up on the NZD/CHF so scale out lots and exit as it continues lower as it should reverse back up later this week.
News drivers are pending in the next few hours from the CHF and CAD.
5472
EUR/CHF - strong downtrend building, set sell alarm at 1.0800. most near term support runs out below there.
EUR/USD - strong downtrend in place, set sell alarm at 1.0860, due to some historical levels of support nearby only use strong heatmap sell signals.
USD/CHF - strong uptrend in place, set buy alarm at 0.9960, next resistance is 1.0085 area, but more potential past there.
USD/CAD - strong uptrend building, set price alarm at 1.3360, excellent upside potential past there.
5471
Today in forex trading the CAD weakened after the news. The CAD/JPY dropped and the USD/CAD rose on the CAD weakness. The CAD/JPY is retracing fairly strong, the USD/CAD may have broken through some W1 time frame resistance and we will look to set more buys on this pair above 1.3350 next week.
5470
CAD/JPY - this pair could cycle down on the H4/D1 time frames, please consider any strong sell signal on this pair in the main session, good overall pip potential on any sells.
USD/JPY - set resistance alarm at 104.45, above here we would consider any strong buy signal on the heatmap, the W1 time frame trend could potentially form going up.
USD/CHF - strong uptrend in place, set buy alarm at 0.9950, next resistance is at the 1.0080 area, but additional potential up to the 1.0200 area.
GBP/CAD - the overall trend is down on this pair, but the H4 and D1 time frames are reversing to the upside, we would consider any strong heatmap buy signals on this pair in the main session.
GBP/CHF - set a resistance alarm at 1.2195, above here this pair has room to move up on the H4 time frame.
News drivers for the upcoming main session from the JPY and CAD can be found on the news calendars.
5469
Today in the main forex session we did not see any new buys or sells. The AUD was weak in the Asian session but these pairs moved on the smaller time frames only and these pairs were somewhat choppy as well. We did not see any strong movements or breakouts on the larger time frames today.
5468
CAD/JPY - this pair could cycle down on the H4/D1 time frames, please consider any strong sell signal on this pair in the main session, good overall pip potential on any sells.
USD/JPY - this pair could cycle down on the H4/D1 time frames, please consider any strong sell signal on this pair in the main session, good overall pip potential on any sells.
GBP Pairs - Pairs like the GBP/USD and GBP/CHF could cycle up on the H4 time frames, pairs like the GBP/AUD and GBP/NZD are in strong downtrends and could continue lower. The directions of these pairs tomorrow are like based on the outcome of the GBP news drivers.
GBP/USD - set a resistance alarm at 1.2325, above here this pair has room to move up on the H4 time frame.
GBP/CHF - set a resistance alarm at 1.2195, above here this pair has room to move up on the H4 time frame.
GBP/AUD - strong downtrend in place, set sell alarm at 1.5880, no nearby support below there.
GBP/NZD - strong downtrend in place, set sell alarm at 1.6955, no nearby support below there.
Other Pairs
AUD/NZD - this pair should start to continue higher tomorrow and we will look to set a buy plan on this pair, the W1 uptrend should strengthen and continue higher.
News drivers for the upcoming main session from the GBP, EUR and USD can be found on the news calendars.
5467
Today in forex trading the AUD was strong. The EUR/AUD is continuing down in its's strong downtrend. This pair has additional pip potential down to the 1.3950 area or possibly lower than that. The AUD strength is becoming more consistent across the major time frames.
News drivers for the upcoming Asian session from the AUD can be found on the news calendars. One CAD news driver is also on the news calendar in about 4 hours from now.
5466
AUD/JPY - W1 uptrend is forming, set buy alarm at 79.90, due to nearby historical resistance levels only use strong Heatmap signals on entry, overall potential is excellent.
USD/JPY - look for a sell signal on this pair in the main session. We think the D1 trend could start to cycle down with very good short term pip potential.
GBP/NZD - strong down trend in place, set a price alarm at 1.6990. No historical support below there.
News drivers for the upcoming main session from the GBP, CAD, and USD can be found on the news calendars.
5465
Today in forex trading the GBP strengthened. The GBP/USD, GBP/CHF and GBP/CAD moved higher. These pairs only have H4 time frame support so we would scale out lots and get stops to break even, they will likely continue higher at least one more day, exact targets are not known.
5464
AUD/JPY - W1 uptrend is forming, set buy alarm at 79.65, due to nearby historical resistance levels only use strong heatmap signals on entry, overall potential is excellent.
EUR/AUD - strong downtrend in place, set sell alarm at 1.4365, potential is down to the 1.3970 area or lower.
The GBP/CAD, GBP/USD, GBP/CHF are all in long term downtrends, but these pairs look like they could rebound back up and form fresh H4 uptrends off of support. Check these pairs after the news drivers and consider any strong buy signals, just remember the overall trends are down.
News drivers for the upcoming main session from the GBP, CAD, USD and NZD can be found on the news calendars.
5463
Today in forex trading the market was quiet and did not move much at all. There was only some minor NZD strength in the Asian session. No strong moves or breakouts in the main trading session today as the market was consolidating.
News drivers for the upcoming Asian session from the AUD and NZD can be found on the news calendars. A news driver from the EUR is also pending in a couple of hours.
5462
USD/JPY - this pair is forming W1 time frame uptrend, set a buy alarm at 104.40, look for any strong buy signals on this pair, it has some historical resistance levels nearby so only use strong heatmap entry signals, overall potential is excellent as the trend is new.
USD/CAD - short term buy plan on the H4 and D1 time frames, look for a buy signal on this pair in the main session, this pair could reverse back up and go back up to the 1.3300 resistance area.
NZD/USD - this pair should cycle back up on the H4/D1 time frames, look for a buy signal on this pair in the main session, it has potential back up to the 0.7350 area or higher.
Other pairs - the AUD/JPY and AUD/CHF are consolidating but the W1 trends should continue higher later this week. The USD/CHF has a W1 uptrend and the EUR/USD has a W1 downtrend in place, but both pairs have a lot of resistance and support levels nearby, respectively, so be careful with any signals in the direction of the W1 trends. |