Today in the main session forex trading the EUR was strong on all pairs in this currency group. This drove strong price movements during the main trading session. Images of the live forex trading signals from The Forex Heatmap® and price chart movement for these pairs is shown below. The EUR/GBP...
USD/CAD – Strong downtrend in place. Set a price alarm at 1.0815. Next support area is approximately 1.0650.
EUR/CAD – Strong downtrend in place. Set a price alarm at 1.4730. Next support area is approximately 1.4500 – 1.4600.
GBP/CAD – Strong downtrend is forming. Set price alarm at...
The EUR is weak on almost all pairs.
EUR/USD – W1 down trend in place set sell alarm at 1.2840, next support 1.2735.
EUR/CAD – strong down trend forming set sell alarm at 1.3060, next support is at 1.2900 area
When the price alarms hit verify any entries in the main session with The...
The GBP/JPY has little support below the alarm price and the GBP/USD has substantial room to drop below the alarm price. on both pairs the trends could improve quite a bit below these price levels.
GBP/JPY – first level support is around 117.40, set sell alarm here
GBP/USD – first level...
Many EUR pairs are in long term downtrends but the smaller time frames are messy. Here are two we like for tonight.
EUR/AUD – set sell alarm at 1.2830, below here would be a new historical low with no support
EUR/CAD – set sell alarm at 1.3280, no nearby support below here.
When the...
We are looking for CAD strength, likely after the CAD news.
EUR/CAD – this pair is oscillating on the D1 time frame and could drop from here with plenty of potential, check it for sell signals in the main session, it has some layers of support down to 1.4000.
GBP/CAD – this pair is in a D1...
EUR/CAD – D1 uptrend in place set buy alarm at 1.3820, no nearby resistance
GBP/CAD – D1 uptrend in place set buy alarm at 1.5835, potential back to about 1.6050
USD/CAD – intermediate D1 uptrend in place but be careful on buy entries due to some choppiness and nearby resistance layers...
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