CAD/CHF – strong up trend in place set buy alarm at 0.9865, there is some resistance at 0.9925 but plenty of room to move past there.
EUR/CAD – strong down trend in place set sell alarm at 1.2170, no support below there
GBP/CAD – strong down trend in place set sell alarm at 1.5480, next support level is unknown so if you get a sell signal on the heamap take some profit as you go.
When the price alarms hit verify any entries with The Forex Heatmap ® and look for CAD strength or cross currency weakness or both upon entry.
Good Trading
Mark Mc Donnell www.forexearlywarning.com
Spot Forex Trading Plans Across 28 Currency Pairs
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Disclaimer: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary and does not constitute investment advice. Forex Capital Markets LLC. will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
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