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DXY Approaching Balanced Range + BTC & ETH Looking to Drop for the Weekend
Forex Trading Analysis, Live Trading Room, Technical AnalysisDollar Index still has room to the upside, but we are approaching the balanced range of the 95.409 – 95.735 area. Predicating one more push to the upside at least to 95.410, and if it does touch today, will probably close all Major trades, only if it does touch TODAY! On the EURUSD pair we […]
Majors and Super Bear AUDUSD looking to drop + Dollar bulls taking over
Forex Trading Analysis, Live Trading Room, Technical AnalysisDollar bulls continue to hammer away, driving Majors down. If you follow the Order blocks you will be happy to see the presence and their value on the daily Dollar Index. AUDUSD is super bearish, will see a bounce and downward continuation at 0.72585 to 0.72271 range. Potential AUDUSD scalp trade setup here on the […]
Bullish Dollar on Positive CPI Data + Majors Set to Slump in Coming Weeks
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe Dollar uptrend is back in play as bullish CPI data fuels a new rally higher. As a result, traders can expect many of the majors to slip in the coming weeks. This morning’s bullish CPI came out at 0.9% versus the forecast of 0.6%. This lead to an immediate reaction in the Dollar as […]