28PAIRS Currency Strength Trading SYSTEM. TRADES and Questions

Based on the Gold signal from the Advanced Dashboard for Currency Strength and Speed (See post 2479), the price surged over 750 pips—a move that truly validates our analytical approach. This significant upward momentum is driven by clear buying pressure and favorable market conditions across multiple timeframes, as indicated by our dashboard.

Such a substantial move underscores the importance of integrating currency strength analysis with real-time momentum indicators. It shows that when the market aligns with our signals, the results can be remarkable. I hope someone caught this trade setup and benefited from the surge.


Let this be a reminder that diligent analysis, coupled with robust tools like our Advanced Dashboard for Currency Strength and Speed, can truly transform your trading experience. Stay sharp, follow the signals, and keep adapting to the market dynamics for continued success!

Dashboard user manual: https://www.mql5.com/en/blogs/post/708783
Watch carefully this Video

Currency Strength Dashboard Analysis
The Advanced Dashboard for Currency Strength & SPEED provides a clear overview of the market conditions across multiple timeframes. Here’s what we observe:
Strong Currencies:

1. GOLD (1250) stands out as the strongest currency, with high strength values across multiple timeframes.
2. GBP (850) and CHF (779) are also showing notable strength, especially in the short to mid-term timeframes.
3. EUR (431) is moderately strong, maintaining positive values across most timeframes.

Weak Currencies:

1. CAD (-958) is the weakest across all timeframes, with consistently negative values.
2. USD (-730) and NZD (-344) also appear weak, though USD has some signs of slowing in the longer timeframes.
3. AUD (-296) shows mixed signals but remains generally on the weaker side.

Key Observations
The CAD is weak in all timeframes, making it an interesting currency to compare against stronger ones.
EUR and GBP are strong, meaning potential opportunities could arise from their movements.
The CHF shows a significant spike in H1 (164), indicating a recent surge in strength.
USD remains weak overall, with negative momentum continuing across multiple timeframes.
Hint: Strength comparisons are key to finding the best market opportunities!

Results of the Earlier Analysis – 7 Hours Later
Earlier, we noted from the Advanced Dashboard for Currency Strength & SPEED that CAD was significantly weak across all timeframes, while GBP and EUR showed notable strength. The new screenshot, taken seven hours after that analysis, reflects exactly those dynamics:

1. GBP/CAD has moved sharply higher, consistent with the strong GBP versus the weak CAD.
2. EUR/CAD similarly shows a significant upward move, again illustrating the previously identified contrast in currency strengths.
3. CAD/CHF is moving downward, aligning with the weakness in CAD compared to CHF’s relatively stronger position.

These chart movements confirm the currency strength assessment: CAD’s broad-based weakness played out in multiple pairs, while GBP and EUR capitalized on their stronger profiles.

EURUSD M15 Analysis – Currency Strength & Supply/Demand Overview

Attached Image (click to enlarge)

 

1. Currency Strength Overview (Advanced Dashboard for Currency Strength & SPEED):
   1. EUR is strong across multiple timeframes (M15, M30, H1, H4, D1), reflecting a bullish bias.
   2. USD shows weakness on five different timeframes, indicating a bearish sentiment for the dollar.
   3. Other currencies are mixed, but the key takeaway is the contrast between EUR (strong) and USD (weak).

2. Supply and Demand Zones (EURUSD M15):
   1. The price has moved upward, and H1 demand zones are well below current price levels, suggesting a supportive base if the market pulls back.
   2. There is visible supply (resistance) at higher levels, which might limit further upward movement.
   3. With room until the next supply zone, the pair appears to be trading in an environment that favors continued upside until that resistance is reached.

3. Market Context:
   1. A strong EUR combined with a weak USD generally supports upward momentum in EURUSD.
   2. The chart’s recent rally aligns with the currency strength readings, showing price moving confidently away from demand zones and approaching supply.

Best regards, Bernhard
https://www.CurrencyStrength28.com

EURUSD Climbs 130 Pips, Consolidation in Progress
After yesterday’s analysis (see above), EURUSD continued its strong rally, surging by 130 pips. As of this morning, the pair has entered a consolidation phase, testing multiple supply zones overhead. The market seems to be pausing after the impressive run-up. I hope someone was able to capitalize on this move!


If you’re looking to enhance your trading with robust market insights, check out these powerful tools:

1. Advanced Dashboard for Currency Strength and Speed:
   https://www.mql5.com/en/blogs/post/708783
2. Supply and Demand DASHBOARD PRO:
   https://www.mql5.com/en/blogs/post/725584

They provide comprehensive data and real-time analytics to help you spot opportunities like this EURUSD move!

EURUSD Momentum Analysis
In the Dynamic Forex28 Navigator, we can see a strong momentum shift in EURUSD.

Momentum Trigger Activated – The Buy Sell Momentum Trigger reached 23, signaling a significant strength change in the market.
EUR Strength, USD Weakness – The EUR Buy Momentum and USD Sell Momentum indicating a strong shift favoring EUR over USD.
This combination of momentum alignment and currency strength shifts led to a strong bullish move, as indicated on the M5 chart.
Dynamic Forex28 Navigator https://www.mql5.com/en/blogs/post/758844

Advanced Dashboard for Currency Strength & SPEED – Overview

1. Colored Rows Indicating Multi-Timeframe Alignment
   1. The dashboard uses colored backgrounds to highlight when currency strength (CS) aligns across multiple timeframes (at least three).
   2. A green background signifies a bullish alignment, while a red background signifies a bearish alignment.
   3. This visual cue helps identify potential consensus among timeframes quickly.

2. Mixed Signals for Some Currencies
   1. JPY and CAD appear to be in a reversal situation: their Daily, Weekly, and Monthly strengths are opposite to the lower timeframes (M15, M30, H1).
   2. This indicates that while they may be trending one way on shorter timeframes, the longer-term momentum is moving in the opposite direction, or vice versa.

Advanced Dashboard for Currency Strength and Speed https://www.mql5.com/en/blogs/post/708783

Gold Analysis – Breakout to New Highs
Gold (XAUUSD) has just broken out to a new all-time high. The orange box represents an H1 demand zone, which could act as short-term support in case of a pullback.
The Supply and Demand DASHBOARD PRO shows no supply zones at higher levels (saying "none"). This is because previous supply zones have already been broken, leaving no historical resistance above.
On the Advanced DASHBOARD for Currency Strength & SPEED, Gold remains the strongest across multiple timeframes (but is currently overbought!), while USD looks mixed.

Gold Analysis – 450 Pip Move Following Strength Signal
Based on the signal from the Advanced DASHBOARD for Currency Strength & SPEED (see last post), Gold surged by over 450 pips to a new high.

1. The yellow arrow highlights the strong bullish move.
2. The orange box marks an H1 demand zone, which could act as support in case of a retracement.
3. The H4 and D1 demand zones remain far below, showing how Gold has left previous consolidation levels behind.

This powerful rally confirms the importance of using currency strength dashboards to spot potential high-momentum moves early.