Mixed Non-Farm Payroll Result + Crypto Markets Pullback Before Next Leg Up
Forex Trading Analysis, Live Trading Room, Technical AnalysisThis month's Non-Farm Payroll (NFP) release was mixed as the unemployment rate dropped but jobs added were far less than the forecast. Meanwhile, many popular cryptos are pulling back before the next leg up.
This morning was the NFP and the…
Dollar Set to Reject 94.125 + Ethereum Longs to $4,000
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter a steep pullback, Dollar bulls are set to reject 94.125 and make a run for last week's high. As Bitcoin begins to surge, Ethereum bulls are looking to rally to $4,000.
A day before the Non-Farm Payroll (NFP) release, Dollar bulls are…
Bitcoin to $65,000 + EURUSD Swing Shorts in Profit
Forex Trading Analysis, Live Trading Room, Technical AnalysisBitcoin bulls are back with momentum as price initiates another bull rally. Meanwhile, EURUSD swing shorts have entered profit after a brief period of consolidation.
It was a fairly gloomy summer as Bitcoin went as low as $30,000 for a brief…
Dollar Continues to Face Bearish Pressure + Oil Swing Longs as Demand Increases
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe first week of October will most likely belong to the bears as the Dollar continues to slip. Meanwhile, price action traders are looking to swing long Oil as global demand is expected to increase.
At the moment the Dollar is in the midst…
Dollar Faces Bearish Pressure + Crude Oil Swing Trade
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe Dollar is down 0.30% to start the first week of October as bearish pressure continues. Conversely, Crude Oil prices are looking to edge higher after breaking this year's high.
The US Dollar Index (DXY) was able to print a bullish hammer…
Dollar Bears Push Price Back to 94.125 + Bitcoin En Route to $50,000
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter a bullish end to September, bears are applying their pressure on the Dollar as the price revisits 94.125. Conversely, Bitcoin bulls are looking to attain $50,000.
The US Dollar Index (DXY) was able to close bullish on the monthly as…