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A Weekly Review – Analyzing the Impact of Economic Events on Forex, Crypto Markets, and the USDX (March 11-15, 2024 )
BTCUSD, EURUSD, Forex Trading Blog, GBPUSD, Live Trading Room, USDJPYThis past week’s economic events have been influential across various financial markets, including the forex and cryptocurrency sectors. Let’s break down how these events and how they have influenced the U.S. Dollar Index (USDX) and could potentially affect major forex and crypto pairs in both the short and long term. U.S. Dollar Index (USDX) The […]
Smart Money Strategy and Trade Setup For BTC/USD
BTCUSD, Crypto, Indicies, Smart Money TradingBTC/USD Recent Price Action Overview BTC/USD has experienced significant volatility, as evident from the fluctuating open, high, low, and close prices. Notably, there was a sharp drop from a high of $69,170.63 on Mar 5 to a low of $59,323.91 the same day, followed by a robust recovery. This indicates high market volatility and potential […]
Smart Money Strategy and Trade Setup for USD/JPY
Indicies, Smart Money Trading, USDJPYTrade Setup for USD/JPY Smart Money Strategy The movement from 150.049 (Mar 06) to 147.020 (Mar 09) signifies a potential Market Structure Break (MSB) to the downside, indicating a shift in market sentiment. Looking at the decline, the level around 150.049 to 150.656 (Feb 29 to Mar 06) could act as an order block or […]