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Forex Live Heat Map Analysis

Heat Map Analysis




The Currencies Heat Map is a graphical representation of the relative strengths of major currencies vs. others. It organizes data from 20 currency pairs into color-coded findings, resulting in a clear picture of the whole Forex market.

By focusing on only one pair and one timeframe, most Forex traders miss out on the whole picture of the Forex market. This means that you may buy GBPUSD expecting USD to fall, but if you check at other pairs, you might notice that the USD strengthens against other currencies, indicating that purchasing GBPUSD is terrible. Traders can now use the Currencies Heat Map as part of their trading toolkit to filter trading strategy signals, corroborate the research, and Trade with greater confidence.


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