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Today’s cad weakness and live forex trading signals

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  • Today’s cad weakness and live forex trading signals

    Today (3-6-2020 Friday) in the main session forex trading the CAD weakness and CHF strength 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 CAD/CHF dropped into the long term downtrend, we can see very little historical support on this pair, if any. The USD/CHF also dropped into the strong downtrend. This pair is hitting lots of support levels and we would scale out lots on any sells. These live currency trading signals and trend based trading plans for 28 pairs can be found on our website at Forexearlywarning.com.

    https://www.forexearlywarning.com/the-forex-heatmap

    Click image for larger version

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    #CADCHF #USDCHF #forexsignals #forextrading #trading #daytrading #forexalerts #currencytrading #forex Canadian Dollar CAD/CHF USD/CHF

  • #2
    Support and resistance levels drawn utilizing the Fibonacci retracement device don't need to be accurate price-levels. The price regularly discovers support at supposed support zones, which can range through different price-levels. For the most part, prices that lay in the middle of the 38.2% and 61.8% Fibonacci retracement lines can go about as a support zone at the cost, for example, the price can retrace anywhere between those two levels.

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