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Forex & Crypto Market Targets: Economic Signals & Geopolitical Developments
BTCUSD, EURUSD, Forex Trading Blog, GBPUSD, Indicies, Live Trading Room, Smart Money Trading, USDJPYEntering a new week, the forex market braces for a series of pivotal economic reports and geopolitical developments, with traders and analysts closely monitoring key currency pairs and commodities here are our strategic forex & crypto targets…
Strategic Financial Forecast for March 28, 2024: Navigating Market Complexities with Smart Money Insights
BTCUSD, Commodities, EURUSD, Forex Trading Blog, GBPUSD, Indicies, Live Trading Room, Smart Money Trading, Technical Analysis, USDJPY, XAUUSDhttps://www.youtube.com/watch?v=rMWH44xxNKM
This analysis delves into the nuanced intricacies of key financial instruments and commodities, offering a strategic outlook on their future trajectories. From the robust resilience of the U.S.…
Navigating Market Tides for March 27, 2024: Navigating the Financial Markets with Precision and Insight
BTCUSD, EURUSD, Forex Trading Blog, GBPUSD, Live Trading Room, Smart Money Trading, Technical Analysis, USDJPYhttps://www.youtube.com/watch?v=BfLYcTTHASE
Keeping a finger on the pulse of the Financial markets is crucial for successful trading. Forex Lens, your beacon in the financial markets, presents an insightful analysis into why our latest price…
Forex & Crypto Landscape for March 26, 2024: Expert Insights on Upcoming Currency Movements
BTCUSD, EURUSD, Forex Trading Blog, GBPUSD, Live Trading Room, USDJPYhttps://www.youtube.com/watch?v=KLl0WhkM5G4
In this comprehensive overview, we're looking deep at the forex market, focusing on specific currency pairs and how recent and upcoming economic indicators could influence their movements. Our analysis…
Mastering March 25, 2024s Forex & Crypto Markets: In-Depth Analysis and Predictions
BTCUSD, Cryptocurrency Market Outlook, EURUSD, Forex Trading Blog, GBPUSD, Live Trading Room, USDJPYhttps://www.youtube.com/watch?v=g4l3AkbK0so
The forex & crypto markets can be daunting, especially for those looking to capitalize on short-term price movements. Today, we are deep into the currents of the market, providing our analysis…
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…
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…
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…
Currency Market Outlook for the week of March 11, 2024 - March 15, 2024 - Navigate Through another Week of Crucial Economic Indicators
Cryptocurrency Market Outlook, Currency Market Outlook, Live Trading Room, Upcoming Weekly Market OutlookThe Forex market and participants are getting ready for these upcoming economic indicators that promise to sway the trading dynamics of major currency pairs. From the East where Japan releases its Prelim Machine Tool Orders, to the West where…
Forex Market Overview: Analyzing the Impact of Global Economic Events
Forex Trading Blog, Live Trading RoomIn today's Forex market, key events have led to notable currency movements. This article provides an analysis of these events, focusing on their impact on major currencies and offering insights for traders.
Key Drivers in Today's Forex Market
Bank…
Unlocking Smart Money Strategies: Expert EUR/USD Trade Setup & Analysis
EURUSD, Forex Signals, Forex Trading Analysis, Forex Trading Blog, Indicies, Live Trading Room, Market Opinion, Smart Money TradingSmart Money refers to the capital invested by traders with extensive experience, knowledge, and resources, often seen as the movers and shakers of the financial markets. Understanding how Smart Money operates can provide retail traders with…
Forex & Crypto Outlook For March 07,2024: Expert Forex Analysis and Smart Money BTC Trade Strategy
EURUSD, Forex Trading Analysis, Forex Trading Blog, GBPUSD, Live Trading Room, News, Smart Money TradingMarch 07,2024 Forex Market Breakdown
As March 7, 2024 wraps up here in Toronto, we take a look at todays complex Forex landscape shaped by various economic, political, and social factors. Staying ahead requires an in-depth understanding of…
Understanding Forex Funded Programs
Forex Trading Blog, Getting Started, MediaTrading FX or Crypto can often seem daunting and intricate, with initial costs such as brokerage fees, software subscriptions, and starting capital posing significant hurdles for newcomers. These financial barriers, coupled with the risk of…
Understanding How the Forex Market Works
Forex Motivation, Forex Trading Blog, Market Education, Technical AnalysisThe Forex (foreign exchange) market is a global decentralized or over-the-counter (OTC) market for trading currencies. It's not just about retail traders buying and selling currencies in the hope of making a profit; it encompasses a wide range…
Top 10 Forex Trading Strategies of 2023
Forex Motivation, Market EducationHere are ten potential forex trading strategies that you might consider using:
Position trading: This involves taking a long-term view on a currency pair and holding positions for an extended period of time, often several weeks or months.
…
Price Action Analysis + EURUSD is Super Bearish
Forex Trading Analysis, Live Trading Room, Technical AnalysisPrice action moves a lot on Friday afternoons, and is usually counter to what has happened during the week.
The DXY looks very bullish. Price has gone past the imbalance that we were expecting, but we haven't been advising to go against the…
Trade Setups + Healthy Trade Profits
Forex Trading Analysis, Live Trading Room, Technical AnalysisTrade setups were discussed in today’s live session for several major pairs, and we shared some juicy profits from 2 recent trades.
DXY price has reached the optimal trade level we have been expecting for months and is trading to the imbalance.…
Taking Profit + Several Key Targets Reached
Forex Trading Analysis, Live Trading Room, Technical AnalysisTaking profit! What a great way to start another day of trading. During today’s live session we outlined several targets that we have reached, including some that we have been calling for a while. We also made several recommendations on where…
Live Market Update + NZDUSD and AUDUSD Sell Scenarios
Forex Trading Analysis, Live Trading Room, Technical AnalysisLive market update discussions this morning covered how the markets are reacting to global news, and where we see strength and opportunity among the major currency pairs.
For DXY, we are still bullish and we provided reasons why we're expecting…
Optimal Trade Entry + BTC & ETH Short Term Trading Strategies
Forex Trading Analysis, Live Trading Room, Technical AnalysisOptimal trade entry was reviewed for a number of major currency pairs in today’s live session. With tensions high in the markets and reacting to the invasion of the Ukraine by Russia, more and more of our members are turning to our daily live…
Bitcoin Analysis Update + EURGBP in Profit
Forex Trading Analysis, Live Trading Room, Technical AnalysisBitcoin analysis has shifted since yesterday. The markets negated yesterday’s Bitcoin analysis - we covered the reasons during today’s New York Session. As a general reminder for members that catch the replay or read the daily summaries,…
Russia Invades Ukraine + USOIL Reaches Our Target High
Forex Trading Analysis, Live Trading Room, Technical AnalysisRussia invades Ukraine, and we covered the ripple effects in the markets during this morning’s New York live session.
We are bullish on the DXY. The daily time frame has reacted with abnormal, but expected, price action in response to news…
Trade Setup + Scalping Opportunities
Forex Trading Analysis, Live Trading Room, Technical AnalysisTrade setup opportunities were explored during today’s live session. In addition, we also looked at some scalping setups that fit today’s market conditions.
We are starting a consolidation on DXY, which makes it tough to trade the majors.…
Altcoin Profits + Good Sell Entry on AUDUSD
Forex Trading Analysis, Live Trading Room, Technical AnalysisAltcoin profits continue for our short positions while BTC and ETH look to continue to the downside. In addition to altcoin profits, members that have been following the daily live sessions were provided with a really good sell entry AUDUSD.
For…
Price Action + USOIL Setups Shared
Forex Trading Analysis, Live Trading Room, Technical AnalysisPrice Action was analyzed during this morning’s New York live session. Today is a holiday in both the USA and Canada, but we still wanted to share some high level price action insights that we currently see in the market. We also outlined…
Dollar Cost Averaging: How To Buy Early and Keep Your Gains
Forex Trading Analysis, Live Trading Room, Technical AnalysisDollar cost averaging - everyone is talking about it, but why is it so important to understand? And how can you make dollar cost averaging part of your crypto investment strategy?
"If only you invested in Bitcoin in 2011, you'd be a millionaire…
Reduce Trade Risk + BTC and ETH Strategies
Forex Trading Analysis, Live Trading Room, Technical AnalysisReduce trade risk for now, due to the uncertainty in the markets. Tension between Ukraine and Russia, along with other news events, are causing an increase in volatility. We woke up to see big market shifts based on news and rumours, causing…
Trade Profits for Oil + ETH Short Strategies
Forex Trading Analysis, Live Trading Room, Technical AnalysisTrade profits for WITUSD have been reached. In fact, we hit all TP levels for a juicy +3% return - what a way to start the day! We are currently on the lookout for another buy sometime this week to help members realize even more trade profits.
For…
Bullish on DXY Daily + Bullish BTC and ETH Targets
Forex Trading Analysis, Live Trading Room, Technical AnalysisBullish on DXY? We are, too – but we're only bullish on DXY on the daily time frame, and bearish on the weekly and monthly timeframes. On the 4H, price has not reached our point of interest yet – but once it does, we can look for price…
Trade Setup Strategies + Second Profit Target Hit on AUDNZD
Forex Trading Analysis, Live Trading Room, Technical AnalysisTrade setup strategies for BGPUSD, EURGBP and USOIL were shared to during today’s session. If you weren’t able to join us live, be sure to catch the replay to understand the analysis so that you can take advantage of these trade setups.…
Optimal Trade Entry + Focus on Cross Pairs
Forex Trading Analysis, Live Trading Room, Technical AnalysisOptimal trade entry was identified during today’s live session for EURGBP and USDCAD, and we detailed our focus on cross pairs. We’re also enjoying our first profit target on GOLD, and headed for TP2. If you’re looking to take advantage…
Live Market Scalping + USOIL Targets Hit
Forex Trading Analysis, Live Trading Room, Technical AnalysisLive market scalping made today’s live session more exciting than ever! If you’re interested in live market scalping for profit, be sure to catch today’s replay in the portal for full details on the opportunities we saw today.
The DXY…
GOLD Price & EURGBP Targets Hit + Crypto-Play-by-Play
Forex Trading Analysis, Live Trading Room, Technical AnalysisGOLD price went to our target! For those of you monitoring GOLD price, you’ll want to tune into the replay of today’s session for full details on why we are sitting on our hands for the moment. In addition, we are successfully selling the…
Day Trading Simplified + GOLD Targets Hit
Forex Trading Analysis, Live Trading Room, Technical AnalysisDay trading simplified was a focus for today’s live session. Essentially, we showed the equivalent of NFL “packaged plays”. Except on the charts, your Take Profits are the wide receivers and YOU are the quarterback! And, because our Smart…
Smart Money Trade Setups + ETHUSD Targets
Forex Trading Analysis, Live Trading Room, Technical AnalysisSmart Money trade setups were shared during our live session this morning to wish all fellow traders a happy Monday! We hope that you are as ready for another week of profits and excitement as we are. As this second week of February kicks in,…
NFP data gives DXY Surge + ETHUSD & EURGBP Targets Hit
Forex Trading Analysis, Live Trading Room, Technical AnalysisNFP data is here! We took advantage of this morning’s DXY Pump off of the NFP data, and we hit multiple minor pair targets plus ETHUSD & EURGBP targets from yesterday. While we waited for the GOLD 4H candle to close during the live session,…
Trading Psychology + New BTCUSD Sell Targets
Forex Trading Analysis, Live Trading Room, Technical AnalysisTrading psychology is often overlooked, but is the most important tool in your toolbelt. Don't get frozen in trades anymore.. understanding trading psychology helps you to interpret your reactions to master your emotions, know what to do in…
Smart Money Technique (SMT) + AUDUSD & NZDUSD Profits
Forex Trading Analysis, Live Trading Room, Technical AnalysisSmart Money Technique (aka “SMT”) was covered in today’s live session. In addition to the discussion on Smart Money Technique, we also shared that AUDUSD & NZDUSD achieved profits!
The DXY should reject and go higher, but we are waiting…
SP500 Trade Setup + ETHUSD Target Achieved
Forex Trading Analysis, Live Trading Room, Technical AnalysisSP500 trade setup this morning! During today's live session, we identified a simple SP500 trade setup with upside objectives that also fall in line with the US30 & NAS100 stock indices. We continue to dissect the Dollar index and relative…
Currency Pair Seasonality + USOIL Targets Hit
Forex Trading Analysis, Live Trading Room, Technical AnalysisCurrency pair seasonality traits for GBPUSD, EURUSD, NZDUSD and USOIL were covered in today’s live session. This is one of the strategy markers we put in place to help iron out discrepancies in our main strategy. A big “red” week is in…
Scalp Trading Techniques + Weekly Targets Hit
Forex Trading Analysis, Live Trading Room, Technical AnalysisScalp trading techniques were covered in the live session this morning. Our Smart Money trader showed how to take advantage of multiple smart money scalp trading techniques. It’s been a strong week – we hit most of our targets… and of…
Profitable Trading Strategies + DXY, EURUSD & GBPUSD Targets Hit
Forex Trading Analysis, Live Trading Room, Technical AnalysisProfitable trading strategies were the focus of today's live session. We set up multiple profitable trading strategies for you on a variety of instruments across multiple markets. We have also achieved our targets for DXY, EURUSD & GBPUSD……
A Perfect Trade + Spot the Inside Candle
Forex Trading Analysis, Live Trading Room, Technical AnalysisA perfect trade was identified this morning! Our live sessions are jam packed with value for members… we don’t just cover price narrative, we also look at the best trade setups. Today’s perfect trade stemmed from our weekly analysis……
Trade Setup Request Hits TP1 + DXY Rally Continues
Forex Trading Analysis, Live Trading Room, Technical AnalysisA trade setup request on AUDNZD by a member has achieved the first take profit target! This is an important reminder why it’s profitable to tune in and ask questions about potential trade setups during the New York Live session at 9AM EST,…
Don’t Buy The Dip Yet + DXY Buy Models Activated
Forex Trading Analysis, Live Trading Room, Technical AnalysisDon’t Buy the Dip on BTCUSD just yet! There’s a lot of debate out there about whether or not it’s the right time to Buy the Dip on bitcoin and other cryptocurrencies… and Smart Money says ‘not yet’. We identified a few key levels…
BTC Profit in a Bear Market + EURUSD, USOIL, GOLD Profits
Forex Trading Analysis, Live Trading Room, Technical AnalysisWe proved BTC profit in a bear market can be achieved! We have been shorting BTCUSD since late November, and have are already up over 485% on BTC profit in the current bear market. Feel free to check our past live sessions from November 21st…
Day Trading Strategies + Consistent GOLD Profits
Forex Trading Analysis, Live Trading Room, Technical AnalysisDay trading strategies were a focus today, and we presented both sides of the market through the eyes of the big institutional players. In addition to the day trading strategies, we are hitting consistent profits on both GOLD & USOIL, while…
Institutional Trading Techniques + NZDUSD Targets Unlocked
Forex Trading Analysis, Live Trading Room, Technical AnalysisInstitutional trading techniques were a focus for today’s session. As reminder to our readers, you can learn to read the candles and patterns that help you identify trails left behind by the advanced institutional trading algorithmic models.…
Currency Strategies Achieved + BTCUSD & USOIL Targets Hit
Forex Trading Analysis, Live Trading Room, Technical AnalysisAll currency strategies on dollar pairs have been achieved! DXY has touched equilibrium, just as we were expecting for this week. Our currency strategies took effect from yesterday, and we are expecting price to continue to go higher on the…
Smart Money Premium Concepts + GOLD Strategy
Forex Trading Analysis, Live Trading Room, Technical AnalysisImportant Smart Money tools were covered in today's New York Live session. Our Smart Money Trader also covered Premium and Discount concepts, so if you missed the live session be sure to catch the replay in the portal in the Smart Money section.…
BTC Buy Activated + Market Outlook For Next Week
Forex Trading Analysis, Live Trading Room, Technical AnalysisOur BTC buy activated during the live session when our short-term BTCUSD target was achieved. If you’ve been watching and waiting for BTC buy signals, then your patience was rewarded. In other important news, Governor Brainard (who has served…
Reversal Strategies in Effect + BTCUSD Imbalance
Forex Trading Analysis, Live Trading Room, Technical AnalysisOur reversal strategies took official effect on yesterday’s close of the DXY below the 95.500 level. It was also a rocky start for the DXY this morning, because CPI data came in below expected and unemployment claims are up. But, we are not…
Trading Secrets Revealed + GOLD & USOIL Targets Hit
Forex Trading Analysis, Live Trading Room, Technical AnalysisWhat are the GMT trading secrets? It has to do with time, yes, but it is just a few simple rules to follow to help you become consistently profitable! In today's live forex session, we taught these important trading secrets… so be sure to…
Currency Strategies + Crypto Bears Still Shredding
Forex Trading Analysis, Live Trading Room, Technical AnalysisToday’s currency strategies are influenced by Federal Chair Powell’s testimony, which had little effect on the Dollar Index price. We will wait for the Core CPI , which is our next catalyst tomorrow morning at 8:30am EST. In today’s session,…
BTC Reversal + DXY Bulls Still in the Game
Forex Trading Analysis, Live Trading Room, Technical AnalysisA BTC reversal could be on the way. We continue to reach our targets in the Bear Crypto market, and have been selling BTCUSD all the way down since November 28th. We have finally reached a draw on liquidity for BTC, and will be sitting on our…
Trade Signal Profits + All BTCUSD & USOIL Targets Hit Again
Forex Trading Analysis, Live Trading Room, Technical AnalysisTrade signal profits were reached this morning on GBPCAD, delivering +3.78R return. Full details on these, and other trade signal profits can be found within the portal.
As we continue to hit Smart Money targets daily for Bitcoin and Oil, we…
All BTCUSD & USOIL Targets Hit + DXY Still Teetering
Forex Trading Analysis, Live Trading Room, Technical AnalysisAll BTCUSD targets were reached yesterday, right down to our lowest target. In addition, USOIL also hit our targets from yesterday.
Yesterdays, FOMC minutes seemed hawkish but didn't do much to move price out of range, as the big magnet is…
DXY Pairs Consolidating + Ranges Spotted for NFP Friday
Forex Trading Analysis, Live Trading Room, Technical AnalysisNew variants are still popping up around the world. ADP comes out double than expected at $800k plus a sure hint for Friday. DXY and EURUSD are in consolidation until Friday NFP. Yesterday GOLD targets have been hit! BTCUSD is still in bearish…
Gold Trade Profit Hit + EURGBP Looking To Reverse
Forex Trading Analysis, Live Trading Room, Technical AnalysisOur GOLD trade hit profit today, and we are recommending trailing your stop loss to break even and collecting those trade profits. As always, full details on the GOLD trade profits and strategy can be found in the portal.
Looking at DXY, the…
DXY Starts 2022 Headed for Target + Potential Reversal on Gold
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe DXY starts 2022 with a move toward our target, while we start this brand New Year with renewed hope and optimism. While we watch for DXY to reach our first upside objective in 2022, we are feeling refreshed after from some time away from…
2022 Crypto Trends + New Year, New Strategies
Forex Trading Analysis, Live Trading Room, Technical AnalysisLet’s talk about upcoming 2022 crypto trends. Our crypto analysts have been developing strategies to capitalize on the emerging crypto trends in 2022, and our members will be poised to take full advantage in the new year.
As the year comes…
DXY Price to Rise in 2021 + GBP and AUD remain strong
Forex Trading Analysis, Live Trading Room, Technical AnalysisOur bias on DXY price has not changed… we are still expecting higher prices on DXY going into the new year. Investors are waiting for the new year to decide what they will do for the year 2022. So, wait until you see a big move away from the…
BTC Profits Reached + DXY Back in Consolidation
Forex Trading Analysis, Live Trading Room, Technical AnalysisBTC profits were reached for any members that decided to use the analysis in our live sessions last week. It’s a good reminder of the value of tuning in to the daily Smart Money live sessions – in real time or in our past-live sessions area…
Gold Bulls Rewarded + Crypto DCA Strategies
Forex Trading Analysis, Live Trading Room, Technical AnalysisGOLD has rewarded bulls by reaching the first targets, and we’ll be watching for it to keep climbing higher for our next upside target. What a nice gift for the holidays!
The DXY stayed in a trading range during the festive period. This is…
All Targets Hit on AUDCAD + Potential Long for SOL
Forex Trading Analysis, Live Trading Room, Technical AnalysisAUDCAD reached all targets today, a nice early gift as we enter the holiday countdown. We also sent out a potential long trade idea for a SOL today. In a world where most Layer 1's (like AVAX and LUNA) are pumping, SOL is the farthest behind…
Final Profit Reached on LUNA Long + OIL and BTC in Pullback
Forex Trading Analysis, Forex Trading Blog, Live Trading Room, Technical AnalysisToday we hit final profit on yesterday’s LUNA levered long. We entered at $78.50, and enjoyed a nice +11% move to reach our final take profit of $87. We trailed our stop loss a few times to secure our position and protect profits, and rode…
Bank of England Raises Rates Again + LUNA Long Opportunity
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe Bank of England has raised rates again to 0.25%- that’s a hike of 15bps. This could be a bullish indicator for bears on GBP, and it’s possible that the earlier months of 2022 may bring a rise to the upside against EUR and JPY.
We are…
Targeting Longs On GOLD + BTC Target Achieved
Forex Trading Analysis, Live Trading Room, Technical AnalysisWe close out the week bullish on GOLD and with a sell opportunity on USOIL. We have achieved our BTC target, and remain bearish. We will also be monitoring FOMC Member Christopher Waller (the Federal Reserve Governor), who is scheduled to speak…
Bank of England Raises Rates + AUDCAD Hit TP2
Forex Trading Analysis, Live Trading Room, Technical AnalysisToday, the Bank of England became the first central bank to raise rates since the pandemic started, while USOIL remains in consolidation. Our Smart Money AUDCAD trade idea hit TP2 yesterday, we encourage taking partial profits while we set our…
Big Picture Unchanged Post Fed Rates + Spotting Imbalance
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe DXY Fed rate announcement came in today with unchanged rates for the Dollar Index. Prior to the news, price went to our initial target of 96.644. We were expecting them to take out the 96.943 level as well. However, price has failed to take…
Momentum on Positive PPI Data + USOIL Targets Reached
Forex Trading Analysis, Live Trading Room, Technical AnalysisPositive PPI data came in this morning for the Dollar Index, nudging it into the position we are looking for. Tomorrow’s USD fundamentals will be a key driver to the strategies that we have been discussing for the past few weeks in the live…
COT Analysis + DXY Stuck in Range
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn todays live session, we did a breakdown of the latest COT report. We also referred to our Past Live session from October 12th , where we went over how to read the Commitment of Traders report. In addition, we are currently keeping an eye…
Parched US CPI Data + GBPUSD Nearing TP 3
Forex Trading Analysis, Live Trading Room, Technical AnalysisWe have taken partial profits on GBPUSD this week, and still have one more Take Profit #3 to hit for Smart Money’s trade idea.
Today's CPI data gave a mixed sentiment for DXY. Our HTF direction still remains. We are in a consolidation. Consolidation…
A Wave of BTC Bears Expected + GBPCAD Profits Locked In
Forex Trading Analysis, Live Trading Room, Technical AnalysisUS Unemployment claims came in under forecast, affirming another piece of the equation for Dollar bulls. Smart Money is anticipating a very bearish outlook for crypto - it could be a cash position moment, or best to stay out of buys until things…
Higher Timeframe Checkups + MATIC & GBPUSD Trades In Profit
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe top Crypto executives testified to the US House Financial Services Committee, and warned that imposing strict regulations too fast in the United States could deter innovation, which would move outside the US, leaving us behind. They suggested…
DXY Target Like a Magnet + BTC Short Term Longs
Forex Trading Analysis, Live Trading Room, Technical AnalysisWe were given the go ahead by price action on our DXY targets today. This puts us in a very nice position to treat the target like a magnet also as US Economic Optimism bounced back up since the initial Covid era lows.
The Dollar Index pushed…
DXY Remains in Control + Crypto Targets Hit
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe Dollar is holding it reign, as over $2.5 billion in crypto liquidated ahead of executive testimony from eight major crypto currency firms on December 8th. This was a first of its kind before the US House Financial Services Committee.
We…
Gold & Crypto to Drop + DXY Remains Bullish
Forex Trading Analysis, Live Trading Room, Technical AnalysisSurprise NFP data reporting was less than expected for US Employment Change, most notably was that the jobless rate data came in less than forecast at 4.2 to help balance things out. Despite this, we are sticking with our price narrative that…
All Eyes on DXY ahead of NFP + Majors, GOLD & OIL targets hit.
Forex Trading Analysis, Live Trading Room, Technical AnalysisAll eyes are on DXY. Unemployment claims come in below expected, and a robust recovery is on track. We remain reserved on a higher DXY ahead of tomorrows NFP report. For this reason, much of our analysis for DXY, EURUSD, GBPUSD, AUDUSD, and…
Smart Money Ready for More BTC Bears + Oil Expected to Keep Going Down
Forex Trading Analysis, Live Trading Room, Technical AnalysisADP NFP came in above as expected, and we should see similar (if not a larger) deviation from forecast on Fridays NFP, which correlates to a move that Smart Money is watching on a bullish DXY. We have been using these pullbacks to find better…
Dollar Bulls Target 97, Majors React + ETH Trade Profits
Forex Trading Analysis, Live Trading Room, Technical AnalysisOmicron is a risk and not currently considered in current forecasts, as it could pose a threat to current job growth. Regarding inflation, Powell says, “overall inflation is running well above our 2 percent longer-run goal” and that the…
Smart Money Crypto looking to Drop + Dollar safe haven is activated
Forex Trading Analysis, Live Trading Room, Technical AnalysisDollar safe haven is activated.
We remain bullish as DXY price only retraced back to the 95.800 zone as was expected, we aim for continuation to 97.813.
EURUSD is rejecting from Nov 20th bearish order block, so we expect price to keep sliding…
All Take Profits Achieved on USOIL & EURAUD + Safe Haven Positions On New Virus Variant
Forex Trading Analysis, Live Trading Room, Technical AnalysisWTIUSD fulfilled the weeks trade idea, and closed all three take profits. For those of you who were able to get in, congratulations on a 449 pip move. EURAUD also saw a major move this morning and we were able to close off the last take profit,…
DXY Consolidating, Bulls Still Strong + OIL Trade Pending
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe Bank of England lets us know that the supply chain problem squeeze on inflation “should be temporary”, but will have to act if inflation reaches wages. Alongside a prediction for a strong Q4 from the Fed, Wells Fargo is calling for a…
US Unemployment Claims at 5 Decade Low + GBP Setup & MANA in Profit
Forex Trading Analysis, Live Trading Room, Technical AnalysisAll around neutrality from fundamental events this morning, the biggest winner of course is the unemployment claims. Those are coming in under the forecast at a 5 decade low, alongside a stable GDP run for the quarter. We can see that DXY is…
Market Maker Buy Model Lesson + AUDNZD & AUDJPY trades active
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe Services and Manufacturing Industry Flash reports are out above expected across the board in the Eurozone and just a hair shy than forecast for the US Dollar. The Bank of England forecasts a peak of 5% inflation for the GBP by the second…
Who Smells GBPUSD Bear's Breath? + Potential Reversal Areas for BTC and ETH
Forex Trading Analysis, Live Trading Room, Technical AnalysisCongratulations Mr. Powell for staying on for his second term as Fed Chair and to Dr. Brainard for being appointed Vice-Chair. The US White House praises Powell and Brainard to “keeping inflation low, prices stable, and delivering full employment…
Keeping Our Eye On BTC + FOMC Hints Robust Q4
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe FOMC is hinting at revisiting the 2% inflation target they have set so next weeks FOMC meeting minutes are going to be a key event to pay attention to on Wednesday, November 24, 2021. We are also given hints that Q4 is going to be “extremely…
DXY is Not Done Yet + BTC & ETH Levels to Watch
Forex Trading Analysis, Live Trading Room, Technical AnalysisIf you are not joining the live sessions then we must urge you to start! Our trade ideas contain just the most probable setups that we come across - but the live sessions go deeper into detail and further opportunity for entries into the markets.
The…
Dollar Reaches Equilibrium + AVAX Trade in Profit
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn Market news today, the GBP CPI came in better than forecasted, giving a notch of bullish sentiment to the ole' Pound as CAD CPI came in neutral, which is still a positive sign. Despite this, our main outlook is very neutral today on the DXY…
Bitcoin Target from Friday Achieved + Gold Rejection Area Unlocked
Forex Trading Analysis, Live Trading Room, Technical AnalysisBTC, Gold, NZD and others have reached our projections and ready for some action. DXY bulls are still in charge today, with Core Retail Sales coming in above forecast, this puts the pressure on the Majors with the Euro already looking weak.
The…
SOL & BTC Setup + Oil in Profits & Bullish Dollar, Bearish Majors
Forex Trading Analysis, Live Trading Room, Technical AnalysisHope everyone is excited for another week of in depth market analysis. We certainly are, since our US OIL trade is carrying into deeper profits. As well as closing off the NZDUSD trade hitting all take profits! Don’t worry there is a fresh…
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…
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…
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…
USDJPY Shorts Activated After Rejecting 114.200 + BTCUSD Sets New High
Forex Trading Analysis, Live Trading Room, Technical AnalysisTraders are shorting USDJPY after the price rejects key resistance at 114.200. On the contrary, Bitcoin bulls are marching on as price creates a new all-time high.
Bears have taken control of USDJPY as price rejects a key monthly resistance…
Bitcoin En Route to $70,000 + Ethereum Trade in Deep Profits
Forex Trading Analysis, Live Trading Room, Technical AnalysisBitcoin bulls are gaining momentum again as the price comes inches away from the all-time high. Ethereum bulls have pushed past this year's high and have officially created a new all-time high.
After spending the last three weeks in consolidation,…
Dollar Bulls Surge to 94.500 Resistance + AUDUSD Shorts to Range Low
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter consolidating for most of the week, the Dollar had enough bullish presence to make a run at 94.500. As a result, traders are seeking short for AUDUSD as the price presents bearish cues.
During the London session, Dollar bulls were able…
Ethereum Moments Away from $4,700 + Dollar in Heavy Consolidation
Forex Trading Analysis, Live Trading Room, Technical AnalysisEthereum bulls are picking up steam as the price is moments away from creating a new high at $4,700. Meanwhile, traders continue to observe a prolonged period of consolidation in the Dollar.
Yesterday, price action traders saw an optimal…
Ethereum En Route to $5,000 + US Oil Gears for Next Leg Higher
Forex Trading Analysis, Live Trading Room, Technical AnalysisAs the Forex market continues to labor behind the Dollar, the crypto markets are thriving as Ethereum surges past $4,400. After a slow down in price action, US Oil is finally looking to extend higher again.
Ethereum has finally breached above…
US Dollar Rejects 94.200 + USDJPY Intraday Shorts Entered
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe Dollar ended the previous trading week by surging up to 94.200, however, bears are pushing back lower. As a result, traders are seeking intraday shorts for USDJPY.
The recent price action for the Dollar has been far from ideal as the…
Dollar Slumps on Poor GDP Data + EURUSD Longs Entered
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter a week of consolidation, the Dollar is finally moving lower as it prints the lowest GDP in two years. As a result of this, traders could look at EURUSD extending higher.
This morning's US GDP came out at a two-year low of 2.0% versus…
Dollar Indecision Continues + Shiba Inu Almost at 0.00009
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe Dollar continues to move in an indecisive fashion as the bull and bear battle continues. Meanwhile, Shiba Inu is oozing with bullishness as the price is inches away from 0.00009.
A quick look at the daily time frame shows that the Dollar…
Dollar Bulls Attempt a Rally to 94.200 + Shiba Inu Back to 0.00009?
Forex Trading Analysis, Live Trading Room, Technical AnalysisDollar bulls are trying a desperation attempt at another rally after being held down by bears. Additionally, an altcoin that's gaining traction in Shiba Inu is looking to possibly revisit its all-time high.
After creating a new high for the…
Dollar Stuck in Consolidation + Solana to $250
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe last few weeks have been fairly slow for the Dollar as the price is stuck in consolidation. Meanwhile, Solana is looking to extender higher to $250.
Since the start of September, the US Dollar Index has been ranging between 93.500 and…
CADCHF Finally Falls into Profit + Ethereum Inches Away From $4,400
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter almost a week of consolidation, CADCHF has finally started to fall into profit. Ethereum has begun its path to create a new all-time high as the price comes near $4,400.
CADCHF is finally showing momentum to the downside after the price…
EURNZD Shorts to 1.58600 + Bitcoin Set to Clear All Time High
Forex Trading Analysis, Live Trading Room, Technical AnalysisPrice action traders have found a swing trade short for EURNZD that could lead to over +400 pips of profit. Meanwhile, Bitcoin is expected to clear the all-time high later today.
After failing to rebound from monthly support at 1.63250, bears…
Dollar Bears Pile on as Bullish Bitcoin Eyes All Time High
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe long-term uptrend for the Dollar is in jeopardy as bears continue to apply pressure. Meanwhile, Bitcoin bulls are storming higher within arms reach of the all-time high.
After starting a bullish uptrend back in June, the Dollar is starting…
Bitcoin Reaches May's High + Ethereum to $4,400
Forex Trading Analysis, Live Trading Room, Technical AnalysisBitcoin continues its bullish rally as the price met May's high yesterday. Ethereum is starting to gain momentum too as the price aims to reach this year's high of $4,400.
Price has been bullish for Bitcoin for much of this week as the price…
CADCHF Swing Trade in Profit + Bitcoin to $70,000?
Forex Trading Analysis, Live Trading Room, Technical AnalysisPrice action traders who took a short for CADCHF are in profit and now traders are looking to potentially long Bitcoin to $70,000.
Shorts for CADCHF currently have traders in +50 pips of profit as the price rejected a key resistance yesterday.…
Dollar Clears Yearly High + CADCHF Swing Trade Entered
Forex Trading Analysis, Live Trading Room, Technical AnalysisOver the Thanksgiving long weekend, the Dollar was able to create a new high for the year at 94.560. Additionally, a swing trade for CADCHF has presented itself as price runs into daily resistance.
The Dollar started off last month with a…
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…
Dollar Bulls on Path to 94.750 + GBPUSD Swing Trades Entered
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe US Dollar Index continues its tear higher as bulls push past 94.000. As a result, GBPUSD swing shorts have become active for traders.
The first hurdle for Dollar bulls was resistance near 94.100. Bulls were able to push and close bullish…
Dollar Bullish Heading into October + Pending Swing Shorts for EURUSD
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe Dollar is thriving as price breaks this year's high and is set to close bullish on the monthly time frame. As a result, a possible swing trade for EURUSD has become available.
With only a few days remaining in September, the Dollar is…
Pending Swing Trade for US Oil + US Dollar Neutral as Bulls and Bears Fight
Forex Trading Analysis, Live Trading Room, Technical AnalysisCrude oil prices are looking to edge higher as bulls erase the previous move created by bears in the market. Meanwhile, the US Dollar is stuck as a tug-of-war occurs in the market.
After attaining the yearly high of $77 per barrel, Oil had…
+160 Pips from Gold and Dollar Bears Reject 93.430
Forex Trading Analysis, Live Trading Room, Technical AnalysisPrice action traders are up almost +200 pips of profit after entering short for Gold yesterday. Despite Powell's optimistic comments, bears have regained control of the Dollar.
Prior to the FOMC rate statement, Gold was presenting bearish…
Dollar Surges as Fed Hints at Further Rate Hikes Until 2024
Forex Trading Analysis, Live Trading Room, Technical AnalysisThis afternoon's FOMC rate statement and economic projection presser resulted in a bullish response for the Dollar as further rate hikes are likely until 2024.
The Federal Reserve discussed the possibility of 6 to 7 interest rate hikes until…
Forex Major Shorts as US Dollar Index Rebounds from 93.170
Forex Trading Analysis, Live Trading Room, Technical AnalysisTraders can look to possibly short the Forex majors as the Dollar rebounds from the key level of 93.170 a day before the FOMC press conference.
After attaining 93.430, the US Dollar completed a pullback to 93.170. This was level was an important…
Dollar Fails to Meet August's High + Bitcoin Prices Eye Break Below $44,000
Forex Trading Analysis, Live Trading Room, Technical AnalysisDespite an impressive rally last week, the Dollar has fallen short of meeting August's high. Meanwhile, crypto traders are watching Bitcoin as the price breaks below $44,000 for its third time this month.
The Dollar was able to breach above…
DXY Pushes Higher on Positive Sales Data + Pending Shorts for AUDUSD
Forex Trading Analysis, Live Trading Room, Technical AnalysisDollar bulls are thriving today after the US printed stellar sales data during the New York trading session. With that in mind, traders are looking to short AUDUSD as the price breaks its range lows.
This morning's sales data came out at…
+230 Pips from Oil Longs + Bitcoin Bulls Set to Rally to $50,000
Forex Trading Analysis, Live Trading Room, Technical AnalysisPrice action traders are up +230 pips of profit for crude oil as price begins a new rally after a period of consolidation. Meanwhile, Bitcoin has begun a bullish rally as price charges to $50,000.
The yearly high for crude oil is at $77 per…
Dollar Bulls Respond at 92.500 + EURUSD Intraday Shorts Entered
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter a poor CPI report, Dollar bulls seem unfazed as they look to drive prices higher. As a result, EURUSD looks to head lower after creating a new lower high.
Today's CPI report came out worse than forecasted as the result was 0.3% versus…
Dollar Back to 92.500 + Bitcoin Shorts if Price Breaches 44,000
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter ending last week on a bullish note, the Dollar is once again at 92.500. Meanwhile, Bitcoin is under severe pressure as bears look to push below $44,000.
The US Dollar Index printed a hammer on the daily timeframe for Friday. However,…
USDCHF Intraday Profits + AUDJPY Shorts Entered
Forex Trading Analysis, Live Trading Room, Technical AnalysisTraders who took intraday shorts for USDCHF yesterday are in profit as the price looks to revisit the range low. To finish off the week, traders are now looking to short AUDJPY.
Price action analysis completed on USDCHF indicated that price…
Dollar Index Rejects Zone Near 92.750 + Intraday Shorts for USDCHF
Forex Trading Analysis, Live Trading Room, Technical AnalysisAs predicted by price action, the Dollar made a quick rally to 92.750. However, the price is looking to reject this zone and head lower. Traders are now seeking intraday shorts for USDCHF.
Dollar bulls made a statement yesterday as bulls…
Bitcoin Plunges on El Salvador Adoption + Dollar En Route to 92.750
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter a bullish weekend, Bitcoin dropped as low as 17% today in light of the news from El Salvador. Meanwhile, Dollar bulls look to push price back to 92.750.
El Salvador has just become the first country to be the legal tender of Bitcoin.…
Bitcoin Turns Bullish as Summer Ends + Dollar Turns Bearish Before NFP
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter a down summer, Bitcoin is looking to end summer on a bullish note. Meanwhile, a day before the NFP release, the Dollar is looking bearish despite positive forecasts.
Bitcoin has started September on a positive foot as the price looks…
Dollar Dives on Poor ADP Report + Pending Long for GBPUSD
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter brief bullishness yesterday, the US Dollar is headed lower after a poor ADP job report. As a result, traders can look for potential longs for GBPUSD.
Today's ADP job released reported only 374,000 jobs added versus the forecast of …
+150 Pips from Ethereum Long + Dollar Neutral at 92.500
Forex Trading Analysis, Live Trading Room, Technical AnalysisOur traders are enjoying their profits from Ethereum as the trade is up +150 pips of profit. Meanwhile, the US Dollar Index (DXY) is showcasing mixed price action at the key level of 92.500.
Approximately two weeks ago, price action traders…
Dollar to Visit 92.500, AUDUSD Looks to Complete a Range Fill
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe Dollar is expected to continue its bearish sentiment from last week as the Thprice eyes 92.500. Meanwhile, similar to NZDUSD, AUDUSD is looking to fill out its range.
The US Dollar Index (DXY) spent 80% of last week under pressure bearish.…
USDCAD Longs as Dollar Bulls Attempt a Rally at 92.850
Forex Trading Analysis, Live Trading Room, Technical AnalysisPrice action traders are entering long for USDCAD as Dollar bulls remerge after a week of battling bearish pressure. This bullish presence is prominent even after today's bearish GDP data.
After a sharp slump lower, USDCAD bulls are starting…
GBPUSD and NZDUSD Longs as the Dollar Plans to Revisit 92.850
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter a bullish trend last week, the US Dollar is presenting a more bearish stance to end off the month. As a result, our traders are hunting longs for GBPUSD and NZDUSD.
The US Dollar Index (DXY) is once again bearish this summer after the…
Profits from our Solana, Matic, and Ripple (Using Smart Money)
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter a bearish month in July for many of the popular cryptocurrencies, the month of August presented several long trade setups for crypto traders. Many of these setups were identified by our traders using Smart Money and other forms of technical…
AUDJPY Trade in +100 Pips of Profit, Dollar Creates New Yearly High
Forex Trading Analysis, Live Trading Room, Technical AnalysisPrice action traders are enjoying their AUDJPY shorts as price dives deep into profit. Meanwhile, Dollar bulls tear through the previous yearly high to establish a new high for the year.
After a few days of consolidation, AUDJPY has finally…
Dollar Struggles at July's High + NZDUSD Looks to Break Key Support
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter ending last week bullish, Dollar bulls are starting to struggle at July's high. Meanwhile, NZDUSD bears are looking to push below for the first time this quarter.
The US Dollar Index (DXY) is currently having a hard time breaching and…
Dollar Rallies After Poor Sales Data, AUDJPY Swing Shorts Have Been Activated
Forex Trading Analysis, Live Trading Room, Technical AnalysisDespite a poor retail sales report, the US Dollar is up 0.55% for the day. Meanwhile, a long-awaited swing short for AUDJPY has finally become valid to enter.
This morning the US economy report its retail sales data. Forecasts were bearish,…
Gold Trade up +120 Pips of Profit as Dollar Continues to Appear Bearish
Forex Trading Analysis, Live Trading Room, Technical AnalysisGold is up 0.47% to start the trading week as the precious metal respected support amid a bearish Dollar. Price action traders are up +120 pips of profit with more profits to be expected.
Last week's weekly closure for Gold was a bullish…
Gold Longs Activated as US Dollar Turns Abruptly Bearish
Forex Trading Analysis, Live Trading Room, Technical AnalysisGold longs have been entered as the Dollar opened Friday with a sharp move down. A bearish trend is looking quite likely for the Dollar as the price fails to clear 93.170.
Gold started the week off with a quick trip to 1679 as bears were…
GBPUSD Shorts Back in Play as Dollar Pushes Higher off Key Zone
Forex Trading Analysis, Live Trading Room, Technical AnalysisPrice action traders are moments away from entering short for GBPUSD as the Dollar is on its way to make a new higher high.
It seemed highly likely yesterday that GBPUSD was ready to be sold. However, the Dollar ran under brief pressure by…
Gold and Ethereum Longs as Dollar Pullsback from 93.170
Forex Trading Analysis, Live Trading Room, Technical AnalysisGold and Ethereum prices are set to push higher as the Dollar pullback after attaining July's high. Price action traders will be looking to enter long after observing today's daily closure.
Gold had a rough start to the trading week as bears…
Dollar Bulls Continue to 93.170 + GBPUSD Shorts Activated
Forex Trading Analysis, Live Trading Room, Technical AnalysisBulls continue to dominate bears as the Dollar sets out to reach July's high. With bearish price action seen on GBPUSD, traders are entering short for GBPUSD.
The US Dollar Index (DXY) has continued building on the momentum gained on last…
AUDUSD Shorts in Profit as Dollar Bulls Eye March High
Forex Trading Analysis, Live Trading Room, Technical AnalysisPrice action traders are in profit for their AUDUSD swing short as Dollar bulls continue their rally back to March's high fueled by last Friday's positive job report.
A few weeks ago traders entered short for AUDUSD and were awarded +80 pips…
DXY Bulls Reach 92.300 + EURUSD Shorts Activated for NFP
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter ending off July on a bearish note, Dollar pulls have answered with a pullback to 92.300. Meanwhile, traders have entered EURUSD shorts as we approach tomorrow's NFP job report.
The US Dollar Index had a rough time last week of July…
Dollar Bulls Respond Despite Poor ADP, EURUSD and GBPUSD Shorts
Forex Trading Analysis, Live Trading Room, Technical AnalysisDespite only adding less than half of the forecasted amount of jobs, the Dollar is up for the day. As a result, traders are eyeing potential intraday shorts for EURUSD and GBPUSD.
Today's ADP report reported an additional 330,000 jobs versus…
Dollar Clings onto 92.00 + Ethereum Shorts Back to 1750
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter a bullish start to July, the Dollar has started off August by clinging onto support at 92.00. Meanwhile, Ethereum has turned bearish as price faces multiple days of selling pressure.
Last week, the US Dollar Index (DXY) faced nearly…
US Oil +150 Pips in Profit, USDCAD Shorts Next!
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter yesterday's FOMC presser, market participants are looking to short the Dollar. As a result, US Oil is pushing higher into profit and USDCAD shorts are expected.
Powell stated that although the economy is on track to meet its inflation…
Majors Await FOMC Presser + NZDUSD Shorts Commence
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe Forex majors have spent much of the day awaiting the FOMC meeting minutes for more insight on the Dollar's trajectory. Meanwhile, shorts for NZDUSD are starting to play out as price revisits support at 0.69200.
Today's FOMC conference…
Dollar to Visit 92.00 + EURUSD and GBPUSD Intraday Longs
Forex Trading Analysis, Live Trading Room, Technical AnalysisDollar bears continue to pile on as price approaches 92.000. As a result, traders are gearing up to long both EURUSD and GBPUSD.
After clearing last week's low, the US Dollar Index (DXY) retraced back up to retest a crucial zone near 92.750.…
Dollar Faces Bearish Pressure + Crypto Bulls Respond
Forex Trading Analysis, Live Trading Room, Technical AnalysisA new week presents new challenges for the Dollar as bears take control. Crypto bulls aren't backing down as bulls respond to weeks of bearish pressure.
After failing to make a new higher high last week, the Dollar has found itself within…
Dollar Bulls Try to Push Higher + US Oil Long Trade Setup
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter bears took the Dollar past below 92.750, bulls in the market are trying to respond. Meanwhile, US Oil (Crude) prices look to rebound higher back to the yearly high.
The Dollar suffered immense bearish pressure during the London session…
Dollar Looks to find Support at 92.750 + BTCUSD Intraday Shorts to 30,000
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe Dollar is facing heavy pressure from bears after creating a new high for the week. Meanwhile, Bitcoin has made an impulse move higher that may provide traders with shorts back down to 30,000.
After creating a new high near 93.200, the…
AUDUSD Continues to Fall as NZDUSD Shorts Gear for Entry
Forex Trading Analysis, Live Trading Room, Technical AnalysisAs the Dollar continues its bullish rally, AUDUSD continues to slip further into profit. Additionally, NZDUSD is also gearing up for it's own move lower.
The US Dollar Index (DXY) has continued its uptrend as the price has made a new high…
+100 Pips from AUDUSD and AUDJPY Shorts are Pending
Forex Trading Analysis, Live Trading Room, Technical AnalysisPrice action traders are up +100 pips on their AUDUSD shorts and now they have their eyes set on possible shorts for AUDJPY.
After spending six days in consolidation, traders are finally seeing AUDUSD head to the downside. Price had a brief…
Positive Retail Sales Data Boosts Dollar and AUDUSD Hits First Target
Forex Trading Analysis, Live Trading Room, Technical AnalysisToday's US core retail sales data gave the Dollar a much-needed boost and many majors such as AUDUSD are heading lower as a result.
This morning's core retail sales came out at 1.3% versus the forecast of 0.4%. The sales data came out at…
Bitcoin Trade Hits Intrday Target + AUDUSD Shorts in Profit
Forex Trading Analysis, Live Trading Room, Technical AnalysisPrice action traders are enjoying swift profits from their Bitcoin trade as their AUDUSD trade was from last week goes into profit.
Yesterday, Bitcoin printed a bullish hammer off support near $31,500. This candle is known to hint at further…
Dollar Fails to Clear 92.750 + USDCHF Shorts to 0.90000
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter a bullish rally to 92.750, Dollar bulls just didn't have enough to clear this level. Instead, the Dollar is being pushed back down to 92.000 which opens up possible USDCHF shorts.
Yesterday's daily closure for the US Dollar Index (DXY)…
US Dollar to 92.750 with USDJPY Looking to Push Higher
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe US Dollar Index (DXY) is seeing bulls come in at the right time as bears almost brought the price to 92.000. With this resurgence, USDJPY is looking to edge higher.
Yesterday's price action made it seem likely that the DXY would revisit…
USDCAD Looks to Head Lower and US Oil Targets Yearly High
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe Dollar is looking bearish to start the week and as a result, USDCAD is also looking to head lower. Conversely, US Oil is gearing up for a rally to this year's high.
Traders should expect the Dollar to revisit 92.00 at some point this…
Dollar Facing Pressure From Bears + AUDUSD Swing Shorts
Forex Trading Analysis, Live Trading Room, Technical AnalysisDollar bulls are facing a tough task to fend off bears as they push the US Dollar Index (DXY) lower. Meanwhile, traders are setting up to take swing shorts for AUDUSD.
After creating a new high for the quarter, the Dollar saw immense pressure…
US Oil Eyes 70.00 Per Barrel + USDCAD Long Trade Setup
Forex Trading Analysis, Live Trading Room, Technical AnalysisCrude oil (US Oil) prices are down 2.50% for the day as bears look to visit $70 per barrel. Conversely, USDCAD is looking to push higher as Dollar bulls pick up momentum.
After attaining $77 per barrel, bears were able to take price in a…
NZDUSD Hits Final Target + Dollar Resumes Path to 93.430
Forex Trading Analysis, Live Trading Room, Technical AnalysisPrice action traders are enjoying their longs for NZDUSD as the price has hit all respective targets. More moves are on the way in the market as the Dollar is ready to push to 93.430.
Last Friday, price action traders witnessed a bullish…
Forex Major Longs as Dollar Looks to Revisit 92.00
Forex Trading Analysis, Live Trading Room, Technical AnalysisTraders could look to go long for the Forex majors this week as the Dollar fails to push higher to 93.00. This may be attributed to last week's bearish Non-Farm Payroll (NFP) release.
Last week's NFP release had a bearish reaction on the…
Weekly Report - June 27th to July 2nd
Forex Signals, Technical AnalysisHere is our weekly report of how our Price Action, Smart Money and Supply & Demand traders did for the week of June 27th to July 2nd. All our trades were explained with in-depth analysis during our live sessions and shared to our Pro Trader…
USDJPY Swing Longs as Dollar Bulls Surge Price Higher
Forex Trading Analysis, Live Trading Room, Technical AnalysisTraders can look for USDJPY to push a considerable amount higher as the US Dollar Index (DXY) get's ready to take out this year's high.
After spending a few days in a range, the US Dollar is ready for its next leg up. Today the DXY was able…
CADCHF Trade in Profit + Gold Reaches 1750
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter a few days of laboring, CADCHF is starting to pick up momentum. The precious metal Gold is also picking up steam to the downside as the price meets 1750.
Last week, price action traders went short for CADCHF after a shooting star was…
Dollar Uptrend Back in Play +Gold Shorts To Resume
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe Dollar has spent the last few days struggling to move, but it is ready to make its next move higher. Gold bears are also looking to pile on and take the precious metal lower.
After dropping to create a new quarterly low, the US Dollar…
US Oil Longs and USDCAD Shorts For Next Week
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter last week's theatrics, the US Dollar Index (DXY) is back in a range. Regardless of that, US Oil sets to push to new yearly highs and USDCAD looks to fall lower.
After creating a new yearly high at $74 per barrel, US Oil took a bit of…
Dollar Stuck in a Range, Gold Priming for Next Push Lower
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter an exhilarating few days of price action, the US Dollar Index (DXY) is back to consolidating. In the meantime, Gold (XAUUSD) is priming for another move lower to last week's low of 1763.
Last week ended with a bang as the Dollar came…
USDCAD Trade in Profit + Bitcoin and Cryptos Show Sign of Life
Forex Trading Analysis, Live Trading Room, Technical AnalysisPrice action traders are enjoying profits made from shorting USDCAD and bulls are starting to show some fight in the crypto market.
After determining a bearish bias for the Dollar yesterday, price action traders entered short for USDCAD.…
USDCAD Shorts As Dollar Bears Gain Momentum
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter last week's rally by the bulls, bears are having one of their own for the Dollar. With that in mind, traders could see USDCAD head lower on an intraday level.
Yesterday bears were able to take the US Dollar Index (DXY) back to last…
US Dollar Slips Lower + Cryptos Face Pressure From Bears
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter a dominant showing last week, the US Dollar Index (DXY) opens up the week with serious pressure applied by the bears. On the other hand, crypto markets continue to see major shorts as cryptos go on to make new lows.
After a slow start…
US Dollar to 93.400 + Gold and AUDUSD Shorts for Next Week
Forex Trading Analysis, Live Trading Room, Technical AnalysisToday marks the third straight bullish day for the US Dollar Index (DXY) suggesting the price is officially reversing higher. As a result, both Gold and AUDUSD shorts should be explored next week.
After spending almost the past two months…
Gold Trade Up +400 Pips as Dollar Bulls Pile On
Forex Trading Analysis, Live Trading Room, Technical AnalysisPrice action traders are enjoying Gold shorts as the price has taken a deep dive this week after Dollar bulls have pushed the US Dollar Index (DXY) to new quarterly highs.
Price action analysis completed yesterday on Gold provided a possible…
Dollar Continues to Consolidate and Potential Shorts for USDCAD
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe US Dollar Index (DXY) is once again stuck in its consolidated ways and that has been the sentiment for almost two months now. Despite this, traders may have a short setup for USDCAD.
For the third straight day this week, the Dollar is…
CADCHF Shorts Entered and US Oil Hits +200 Pips of Profit
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe Dollar is still stuck in its consolidating ways and traders are now flocking to the minors to get suitable trade options. Oil continues its tear as traders are up +225 pips in profit.
The US Dollar Index (DXY) is consolidating below 90.550…
US Oil Up +150 Pips and a Potential Short for USDCAD
Forex Trading Analysis, Live Trading Room, Technical AnalysisAnother trading week, another week that US Oil sets to push higher. Price action traders are looking to short USDCAD as this pair tends to be negatively correlated with Oil.
US Oil was able to create a new yearly highly just short of 71.80…
US Oil Up +120 Pips and Dollar Pushes Back Against Bears
Forex Trading Analysis, Live Trading Room, Technical AnalysisPrice action traders are enjoying profits from US Oil as the price continues to make new highs for the year. The US Dollar Index (DXY) is back at this week's high as it attempts a bullish reversal.
This week's weekly candle will close as…
US Oil Back to Yearly High + CADJPY Approaching Key Level
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter a slight retracement, Crude (US Oil) is back to this year's high. CADJPY is approaching a key monthly level which could provide a great trade opportunity in either direction.
Earlier this week Oil was able to attain a new high for the…
US Oil Hits First Target + AUDUSD Intraday Trade
Forex Trading Analysis, Live Trading Room, Technical AnalysisPrice action traders who entered long for Crude (US Oil) have reached their first target of +50 pips. In the meantime, AUDUSD is looking to provide an intraday short based on the hourly range.
Yesterday, Oil was able to set a new high for…
US Oil Longs Entered Once Again as Dollar Move Delayed
Forex Trading Analysis, Live Trading Room, Technical AnalysisAs the Dollar struggles once again with a sense of direction, Crude (US Oil) has gone on to make a new high for the year and is striving to push higher.
After it had seemed likely that the US Dollar Index (DXY) would revisit 89.700, bulls…
US Oil in Further Profits + Gold Longs Set for Entry
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe Dollar is continuing its push lower which it started after last Friday's Non-Farm Payroll release. With that move in mind, traders could see Oil surge into further profits and Gold longs develop.
Price action traders were able to enter…
Crude Oil Trade in Profit + Gold Longs Delayed Until Next Week
Forex Trading Analysis, Live Trading Room, Technical AnalysisDespite bullish ADP and Non-Farm Payroll numbers, the Dollar has it's being pressured by bears once again to close the week. Oil longs are in profit and Gold is looking to give traders entry next week.
For much of the week, price action traders…
Dollar Surges on ADP Job Report + Oil Longs Pending Entry
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe US Dollar Index (DXY) is up 0.65% for the day as the ADP job numbers came out better than expected. Despite this, Crude (Oil) is gearing up for an entry long.
This morning ADP job numbers came out at 978,000 versus the forecast of 645,000.…
Dollar Rejects 90.00, Gold and Oil Moments Away From Entry!
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe US Dollar Index (DXY) has once again rejected 90.00 after a brief visit. With that in mind, Gold and Crude (Oil) are both looking to push higher against the weaker Dollar.
The past 4-6 weeks have been a struggle for the Dollar as the…
Crude Oil Longs Pending + Dollar Looks to Revisit 90.00
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe US Dollar Index has once gained pushed back in an attempt to reach 90.00. Meanwhile, Crude (Oil) is set to push to new highs as economies reopen up globally.
After reaching 89.700, the Dollar has reacted bullishly with a hammer as the…
DXY Resumes Push Lower + Gold Eyes 1911 for Longs
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter a quick surge to start last Friday, the US Dollar Index is back below 90.00 and hopefully looking to push lower. As a result, Gold (XAUUSD) is setting up its next leg higher.
The month of May was not too kind to traders as the Dollar…
Dollar Prints Doji + Gold and Oil Longs for Next Week?
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe Dollar ends the week off in indecision as price prints a doji candle. It seems to be a real possibility for traders to long both Gold and Crude (Oil) next week as both commodities approach this year's high.
For the past four weeks, the…
AUDNZD in Profit + NZDJPY Pending Entry Long
Forex Trading Analysis, Live Trading Room, Technical AnalysisAs the Dollar continues to stagnate, the minor currency pairs prove to be worth looking at as AUDNZD pushes lower and NZDJPY pushes higher.
Yesterday price action traders were eyeing potential shorts for AUDNZD as this month's candle is closing…
AUDNZD Shorts and NZDJPY Longs as Majors Struggle to Move
Forex Trading Analysis, Live Trading Room, Technical AnalysisWith the Dollar resisting a push lower, the Forex majors are stuck in a rut. The Forex minors are still thriving as traders look to short AUDNZD and long NZDJPY.
Despite making a new low for the month of May, the US Dollar is back fighting…
EURUSD Longs and USDCHF Shorts as Dollar Continues Push Lower
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe Dollar starts this week off by closing bearish below 90.00 for the fourth time this month. This move has poised EURUSD to push higher and USDCHF to head lower.
With continued pressure from the bears, the US Dollar Index has once again…
Markets Moving Choppy But USDCHF and USDCAD Should Drop
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe markets have for the most part spent much of May in disarray. Despite the erratic behavior of the Dollar, both USDCHF and USDCAD should drop next week.
After the Dollar created a low at the start of the week near 89.700. After which price…
USDCHF Short Profits + DXY Resumes Downtrend
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe US Dollar Index (DXY) was only able to stay bullish for a day before caving under the pressure from bulls. As a result, shorts for USDCHF have entered into profit.
After yesterday's brief resurgence, the Dollar is once again on the path…
DXY Back Above 90.00 + Cryptos in a Bear Market
Forex Trading Analysis, Live Trading Room, Technical AnalysisAgainst all odds, the US Dollar Index has managed to peek its head above 90.00. The crypto market is officially in a bear market as coins across the board reach new yearly lows.
After a convincing break on Monday, the Dollar has managed to…
USDCHF and USDCAD Shorts Ready as Dollar Drops
Forex Trading Analysis, Live Trading Room, Technical AnalysisAs we get into the midst of the trading week, the Dollar has chosen its path and so have many of the majors. A weaker Dollar should lead other currencies such as the Swiss Franc and Canadian Loonie to edge higher.
The US Dollar Index has…
Dollar to Visit 90.00 + Cryptos in Bear Market?
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe Dollar is looking to revisit the key 90.00 psychological level as bears take control once again. In comparison, the crypto market is also shifting into a bear phase as Bitcoin drops below 45,000 for the first time in months.
After last…
Dollar Bears are Back, Bitcoin and Ethereum Longs Entered
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter spending most of the week (except for Wednesday) stuck in a slumber, the US Dollar has woken up on the last trading day of the week. Meanwhile, the crypto markets are showing signs of bullishness after a slow start to May.
The daily…
Dollar Stuck Below 90.850 + Bitcoin Lies Below 50,000
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter yesterday's positive CPI news, the US Dollar Index (DXY) has found itself stuck below 90.850. Additionally, the crypto markets are also in a slumber as Bitcoin finds itself below 50,000.
The Dollar had a great trading day yesterday…
DXY Consolidates, Push Needed for AUDUSD and Gold Longs
Forex Trading Analysis, Live Trading Room, Technical AnalysisAs the trading week progresses, the US Dollar Index (DXY) is finding itself some support at 90.00. Pending trade setups for AUDUSD and Gold will only become active once the Dollar pushes below this level and respects the long-term downtrend.
Although…
DXY at 90.00 + USDCAD and USDJPY Shorts Pending
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe US Dollar Index (DXY) has officially reached 90.00 which was the low made to start the new year. With further bearishness expected, traders can expect both USDCAD and USDJPY to push lower.
Since May of this year, the Dollar has begun…
Gold Trade in Profit After Lackluster NFP Job Numbers
Forex Trading Analysis, Live Trading Room, Technical AnalysisToday's Non-Farm Payroll (NFP) job numbers were certainly worse than anticipated and the US Dollar Index (DXY) has shown that on the charts. With technical and fundamental pressure from bears, we expect a weaker Dollar in the coming weeks and…
Gold Longs Setting up as Dollar Resumes Drop
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe US Dollar Index (DXY) is set to resume its push lower as price spent much of the week in consolidation. As a result, the Forex majors and as well as commodities like Gold should push higher.
After creating a mini range between 91.150…
US Oil Ready to Push Higher as Dollar Stagnates
Forex Trading Analysis, Live Trading Room, Technical AnalysisAnother day in the markets and another day the US Dollar Index is stuck in a range. While the Dollar decides on a direction, US Oil (Crude) is set to make a run at the high of the year.
There are days and even weeks at a time where the Dollar…
DXY Stuck Below 91.400 + Doge and Ethereum to New Highs
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe Dollar is stuck in a range between 90.850 and 91.400 and the price has attempted several times to push higher but has not been successful. Meanwhile, many of the popular cryptos are extending to new all-time highs.
After retesting 91.400…
DXY Bulls Take Charge + Major Shorts for Next Week?
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter starting the week off on a bearish note, the US Dollar Index is up 0.72% for the day with more upside on the way. This should provide short opportunities for the Forex majors next week.
Typically huge movements in the Dollar are seen…
Gold and Ethereum Longs With Dollar Stuck in a Limbo
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter retesting and rejecting the previous low of 90.700, the US Dollar Index (DXY) is set to head lower. As a result, the majors, as well as commodities like Gold and Ethereum, should gain on the Dollar.
Although the US Dollar is headed…
Fed Keeps Stimulus Unchanged + Dollar Pushes Lower
Forex Trading Analysis, Live Trading Room, Technical AnalysisToday's FOMC press conference was fairly similar to the previous one where Fed Jerome Powell reiterated the dire situation due to the pandemic. With this briefing, the Dollar has pushed past below this week's low.
Powell did say the economy…
Bitcoin and Ethereum Set to Move Higher as Dollar Moves Lower
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe Dollar had one more retracement left in its tank as the price was able to stay above 90.850. Further downside is expected, however, and both Bitcoin and Ethereum look to resume their uptrends.
After yesterday's rejection of 90.850, it…
EURUSD Longs Back on Table + DXY Set to Fall Again
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter an eventful week in Forex markets last week, this week seems to be just as promising. The Dollar is looking to head lower and several key fundamental events throughout the week should provide volatility and price movement.
The US Dollar…
Major Longs For Next with Weaker Dollar Expected
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter a few days of bouncing between 90.850 and 91.400, the US Dollar Index is set to head lower next week. As a result, traders should focus on longs for the major currency pairs.
To start the week, the Dollar made a deliberate push below…
Euro "On Crutches" and Dollar Rebounds
Forex Trading Analysis, Live Trading Room, Technical AnalysisToday's ECB press conference left nothing to the imagination as Christine Lagarde (ECB head) said the economy is still "on crutches". As a result, the Dollar has rebounded back to 91.400.
Although, the ECB has kept interest rates at 0.00%,…
+120 Pips from Gold + EURUSD Longs?
Forex Trading Analysis, Live Trading Room, Technical AnalysisAs the Dollar heads lower, Gold longs continue to surge into profit. With that in mind, traders can also look to long EURUSD as it hints at another rally.
Price action analysis completed on Gold yesterday suggested that the price was ready…
Dollar Retraces + Gold Longs Pending
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe US Dollar Index (DXY) is expected to revisit 91.400 after the price had easily broken this level earlier in the week. While that move pans out, Gold (XAUUSD) is setting up for a potential long.
This week marks the third straight week…
+150 Pips from GBPUSD + USDJPY Shorts
Forex Trading Analysis, Live Trading Room, Technical AnalysisOver the weekend, the US Dollar Index (DXY) was able to close bearish below 91.400. With this move, we should expect further Dollar weakness and for USDJPY to push lower.
As a result of the weaker Dollar, GBPUSD buys from last week have extended…
GBPUSD and Gold Longs for Next Week
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe Dollar's demise had provided a great trading week in both the Forex and Crypto markets. With further downside expected for the Dollar, one can expect this week's trends to continue next week.
The US Dollar Index (DXY) is almost at 91.400…
Ethereum Hits Target + AUDUSD Longs in Profit
Forex Trading Analysis, Live Trading Room, Technical AnalysisToday marks the fourth consecutive day this week where cryptos such as Ethereum continue to push against the US Dollar. With the Dollar set to go lower, majors such as AUDUSD are also pushing into profit.
Earlier this week, price action analysis…
Ethereum Trade in Profit + Dollar Sells Continue
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe US Dollar Index (DXY) continues to get bullied by bears as price approaches 91.400. In the meantime, Ethereum creates new highs while returning profits for price action traders.
Yesterday's daily closure for the DXY was a significant…
Coinbase Went Public - What Does this Mean for the Market?
News, Technical AnalysisEarlier this week Coinbase, one of the largest cryptocurrency platforms, went public on the Nasdaq. The company will be directly listed as $COIN and has an estimated valuation of $100 billion on the first trading day.
This can only be perceived…
Dollar to Visit 91.400 + ETH Longs Entered
Forex Trading Analysis, Live Trading Room, Technical AnalysisAs expected, the Dollar is set to continue the downtrend that was started at the end of March. While Forex pairs wait to start moving, Ethereum is ready to reach new highs.
Price action analysis completed yesterday indicated that the US Dollar…
Bearish Dollar + EURUSD and GBPUSD Longs
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe Dollar is most likely to continue its bearish trend this week as the price rests on the key 92.00 psychological level. With that in mind, traders can expect the Euro and Pound to rebound higher for the time being.
After a bullish March,…
Dollar Bears are Back and Majors Set to Rise!
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter having a strong performance in March, the US Dollar Index (DXY) has found itself in a steep downtrend. Further weakness is expected and thus, the majors should move higher.
Last week, the DXY was able to reach a new high for the year…
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Dollar Retraces and Forex Majors Rise Once Again
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter a bullish start to the week, the US Dollar Index (DXY) has found itself down -0.38% for the day. The daily closed as a shooting star, which may hint at further upside moves for the majors.
The high of the week for the DXY was just short…
USDJPY Longs + DXY Ready for Next Push Higher
Forex Trading Analysis, Live Trading Room, Technical AnalysisAs the US Dollar Index (DXY) continues its bullish ways, the Dollar is beginning to extend its gains against the Japanese Yen. In addition to shorting pairs like EURUSD, traders should also look to take longs for USDJPY and USDCAD.
USDJPY…
EURUSD & USDCHF in Profit + More to Come
Forex Trading Analysis, Live Trading Room, Technical AnalysisAs price action analysis predicted, both EURUSD and USDCHF trade setups are playing out as expected and in profit. With the Dollar uptrend remaining strong, more profits should be expected.
EURUSD has found itself down -0.37% today as the…
EURUSD & USDCHF Analysis with a Bullish Dollar
Forex Trading Analysis, Live Trading Room, Technical AnalysisAnother trading week, and another day that the Dollar has pushed higher. With that in mind, majors such as EURUSD and USDCHF should continue their current trends.
Last week the US Dollar Index (DXY) was able to close above one of the highs…
Dollar Ready for Next Push + Oil Longs
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe US Dollar Index (DXY) ended the week by dropping lower to create a new higher low. Further upside should be seen next week. In addition, Crude Oil is ready to move higher.
It was a productive week for the Dollar as the price was able…
EURUSD & NZDUSD Shorts + Bullish Dollar
Forex Trading Analysis, Live Trading Room, Technical AnalysisAs the US Dollar Index (DXY) continues to climb, many of the majors such as EURUSD and NZDUSD continue to fall. Both pairs are providing great setups to the downside.
The Dollar seems to be creating a new high every day of this week. This…
NZDCAD Profits + DXY To Extend Higher
Forex Trading Analysis, Live Trading Room, Technical AnalysisAs predicted by price action analysis, NZDCAD is on its way lower. Both price action and smart money analysis also predicted a bullish Dollar which is what we are seeing today.
Price action traders are up around +80 pips for NZDCAD since…
Dollar to 92.500 + Majors Start to Slip
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter creating a range on the hourly time frame, the US Dollar Index was able to finally close bullish above 91.950. With that being said, the Forex majors should begin to head lower.
The Dollar has been quite elusive these past few weeks…
DXY Back to Bearish Ways + NZDCAD Shorts?
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter giving bulls some hope to end last week, the Dollar is back on its way lower. As the DXY figures its self out, traders may look at trading the minors for the time being.
Despite hanging around 91.950 and numerous attempts to close bullish…
DXY Bulls Back on Table + BTC Longs!
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter a bearish week last week and starting this week on the same note, US Dollar bulls are showing some fight. Bitcoin is also set to push higher after creating the latest higher low.
Despite Powell's harsh comments about the US economy,…
Dollar Slips After FOMC, What's Next?
Forex Trading Analysis, Live Trading Room, Technical AnalysisOpposed to Powell's last speech, his speech today was without a doubt dovish in tone. This had caused the Dollar to go from consolidating to being down -0.50% for the day.
Although the interest rate will stay at <0.25% as it has been for…
Bearish US Sales Data, Dollar in a Limbo
Forex Trading Analysis, Live Trading Room, Technical AnalysisThis morning's US retail sales data came out much worse than expected, and traders could see further weakness in the Dollar as a result. Despite attempting another push higher, the Dollar is stuck in limbo.
The core retail sales data came…
DXY Creates New Low, Majors Rise?
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter ending last week with three consecutive selling days, the Dollar has opened up this week with a bullish response. It's tough to say if this is here to stay, or if more downside is on the way.
After opening bullish last week, the Dollar…
BTC to 60,000 and Oil Longs Pending
Forex Trading Analysis, Live Trading Room, Technical AnalysisAs the Dollar tries a last-minute surge to the upside, many of the cryptos and commodities are extending their gains. Bitcoin to 60,000 looks fairly likely and Crude Oil longs are almost ready to go.
Earlier during the New York session, the…
US Dollar Selloff + US Oil to $77 Per Barrel
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter failing to bounce from 91.90, the US Dollar Index is set to fall lower. While the majors gain on the Dollar, US Oil is starting to set up for a perfect buy to $77 per barrel.
The Dollar is finding it rather hard to stay afloat despite…
Dollar to Rebound From 91.90? Majors Rise
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe Dollar is in a tough spot as sellers continue to force the index lower. A possible area where the DXY can rebound is 91.900. If it fails to do this, we can see many majors start to rise once again.
After the passing of the 1.9 trillion…
DXY Retraces, More Upside Expected
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter a surge to open up the trading week, the US Dollar Index has retraced considerably. Currently, price is resting at 90.900 with price action suggesting another push to the upside.
As far as technical analysis is concerned, the US Dollar…
EURUSD and USDCHF Swing Trades
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter solid job numbers and a stimulus bill finally decided upon, the US Dollar is thriving and is officially reversing to the upside.
As a result of the Dollar reaching new yearly highs, EURUSD is set to visit pre-pandemic levels. Price…
USDCHF and US Oil Ready to Move Higher
Forex Trading Analysis, Live Trading Room, Technical AnalysisAs expected, today's Non-Farm Payroll release was positive and as a result, the Dollar is continuing its uptrend.
With the Dollar continuing its push higher, USDCHF is also following its tracks. USDCHF has been on a downtrend since May 2019,…
Dollar Surges After Powell's Speech - Time for a Reversal?
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter a slow start to the week, the markets are thriving after Powell's speech earlier today. The Dollar is up 0.73% for the day and is expected to push higher.
Powell's speech hinted at the further reopening of the US economy which would…
Predictions for NFP + GBPUSD Swing Long
Forex Trading Analysis, Live Trading Room, Technical AnalysisThis morning was the release of the ADP job numbers for the US economy. The result was the addition of 117,000 jobs versus the forecast of 203,000. This result led to only a small dip in the Dollar.
Current forecasts for this Friday's NFP…
EURUSD & GBPUSD Intraday Longs
Forex Trading Analysis, Live Trading Room, Technical AnalysisFurther US Dollar upside appeared fairly promising yesterday, but selling pressure has pushed the Dollar back below 91.00. As a result, the current daily candle is a shooting star, suggesting further downside for the Dollar.
The US Dollar…
Dollar Recovery Likely + USDJPY Swing Long
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe Dollar is up for the day to start the Non-Farm Payroll week. Current forecasts suggest positive job numbers, which should lead to further upside for the Dollar.
Although the unemployment rate is expected to increase to 6.4%, the US economy…
+350 Pip Week + USDJPY Swing Trade
Forex Trading Analysis, Live Trading Room, Technical AnalysisAnother eventful and profitable week is in the books for traders. Due to the Dollar's ability to trend this week, many traders were able to rake in serious profits from both the majors and minors.
Last Friday's price action on the daily time…
AUDUSD Hits Target 1 + Dollar Shows Signs of Life
Forex Trading Analysis, Live Trading Room, Technical AnalysisAs suspected, the US Dollar Index was only creating a lower high, before heading lower. The index went as low as 89.700, before turning around during the London session.
As a result of the Dollar selling off yesterday, intraday longs for…
NZDJPY Almost at TP3 + EURUSD Breakout Pending
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter spending much of the at 90.200, the US Dollar Index has pushed up to the upside, but the rally was short-lived. Price has since then created a new lower high and should head lower.
While the DXY battles immense selling pressure, GBPUSD…
GBPUSD Hits Target + EURUSD Range Breakout
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe US Dollar Index (DXY) has started to consolidate after reaching the 90.000 psychological level. The long-term trend is still down, so we expect further downside this week.
Price action traders entered GBPUSD longs last Friday and are…
GBPUSD in Profits + NZDJPY is Next!
Forex Trading Analysis, Live Trading Room, Technical AnalysisAs forecasted, the US Dollar Index has headed lower after clearing this week's low. Traders can expect further weakness for the Dollar throughout this week.
The signs of the Dollar's demise were present last Friday. In addition to the bullish…
GBPUSD and NZDJPY Swing Longs Active For Next Week!
Forex Trading Analysis, Live Trading Room, Technical AnalysisAs expected, the US Dollar Index took a tumble and went as low as 90.170 for the day. Price action analysis forecasts further Dollar weakness for next week.
As a result of the weakening Dollar, the Pound has started to resume its previous…
US Oil Hits $62 Per Barrel + GBPUSD Longs
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter briefly pushing above 91.00, the Dollar has found itself on the way back down to 90.50. As a result, many of the majors should resume their gains against the Dollar.
Price action traders entered a swing long position for US Oil on February…
Dollar to 91.200 + USDJPY Short?
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe US Dollar Index continues to climb as it is up 0.47% for the day. After creating a low to start the week, the price has rallied considerably with 91.200 as the next target.
This morning the US economy released its core retail sales data.…
AUDJPY Swing Long + US Oil Above $60 Per Barrel
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter the long weekend, the Dollar has come out with a punch of its own as price attempts to clear last week's high. It's too early to decide if bullishness is here to stay for the Dollar, so traders are shifting their focus to AUDJPY and US…
US Oil Almost at $60 + GBPJPY Long for Next Week
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe lack of fundamentals this week allowed traders to take full advantage of the charts without worrying too much about unexpected noise. In addition, pairs like GBPJPY are setting up for longs that can be taken next week.
Amidst all the…
DXY to 90.50, AUDJPY Swing Long
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter being shorted for much of the week, the US Dollar Index (DXY) is expected to retrace back to 90.50 before possibly continuing its path lower.
Price action analysis of the Dollar is suggesting that the current downtrend may be put on…
+200 Pips From Major Trades, More on the Way
Forex Trading Analysis, Live Trading Room, Technical AnalysisAs the US Dollar Index (DXY) makes its way down to 90.00, traders are securing profits from trades against the Dollar.
Price action analysis indicates that the DXY will have a small rebound from 90.40 before the price continues its path down…
GBPUSD, EURUSD and USDCAD in Profit
Forex Trading Analysis, Live Trading Room, Technical AnalysisAs predicted, the DXY was set to fall after closing bearish below 91.00. As a result, many trades such as GBPUSD, EURUSD, and USDCAD are surging into profit.
Price action analysis yesterday predicted that the Dollar should continue to weaken…
USDJPY Intraday Short + US Oil in Deep Profits
Forex Trading Analysis, Live Trading Room, Technical AnalysisAs expected, the US Dollar Index has found itself below 91.000. If the daily can close below this level, traders may see further Dollar weakness.
After last Friday's bullish NFP results, the Dollar has continued its selloff. Price made a…
US Oil Swing Trade in Profit + Dollar Falls on NFP
Forex Trading Analysis, Live Trading Room, Technical AnalysisToday's Non-Farm Payroll release did not disappoint as the US Economy was able to add 49,000 jobs and drop unemployment to 6.3%. Despite the positive result, the Dollar finds itself down -0.57% for the day.
Traders should not put too much…
CADJPY Longs Pending + US Oil Continues to Push
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe day before the Non-Farm Payroll (NFP) release, the Dollar is confidently bullish. Price has pushed and closed above 91.200 and is on its way to 91.750.
In most cases, it's not recommended to take trades for the majors right before the…
GBPUSD Profits + US Oil Long in Profit
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter breaching 91.00, the DXY had a hard time going any higher than 91.20. With this brief moment of weakness, trade setups for GBPUSD and US Oil were able to move into profit.
Price action analysis for GBPUSD showed a potential rally back…
GBPUSD Intraday Long + US Oil Swing Entered
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe Dollar is trying to muscle its way through previous highs but is having a hard time at 91.200. This was the previous high made before 2020 ended. As it struggles, certain pairs and commodities are gearing up for moves to the upside.
There…
DXY to 91.90? + USDJPY Swing Long Priming
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe Dollar has some life to it as the DXY is up +0.50% for the day. The next target may be 91.90 leaving the door open for USDJPY longs.
For the past six weeks, the DXY has been capped by 91.00. Price was able to push up to this level on…
USDJPY & GBPJPY Swing Longs for Next Week
Forex Trading Analysis, Live Trading Room, Technical AnalysisThis was a peaceful week to trade and was a fantastic way to end the first month of 2021. Other than the FOMC rate decision, this week was clear of fundamental news. These stable conditions will be short-lived as we have the Non-Farm Payroll…
GBPJPY Priming for Long + DXY Edging Higher
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe US Dollar Index (DXY) made one last honest attempt at attaining 91.00, but once again, price came up short. This failure was then followed by a sharp selloff back down to 90.40.
As a result of the Dollar's indecisiveness, certain pairs…
NZDUSD Profits + GBPJPY Long
Forex Trading Analysis, Live Trading Room, Technical AnalysisSince yesterday, the US Dollar Index has gone from giving signs of weakness to surging strongly to the upside. Despite the DXY failing to meet 91.00, the brief bullishness allowed traders to cash in on shorts for the majors.
One major that…
GBPUSD and NZDJPY Long Before FOMC
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe trend is usually your friend, especially on the higher timeframes. Despite the recent rallies, the US Dollar Index is conforming to the long-term downtrend and is headed lower.
With the Dollar down -0.26% for the day, many majors are…
DXY Fighting to 90.72 + Major Shorts
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe last week of January is upon us, and this week in contrast to previous weeks is rather calm in terms of fundamental news. This week may help traders end the first month of 2021 on a good note.
Aside from the FOMC rate decision on Wednesday,…
Weekly Trade Recap + USDCHF Range Setup
Forex Trading Analysis, Live Trading Room, Technical AnalysisAnother eventful trading week of 2021 is in the books. With numerous high-impact news releases, there was an abundance of viable trade setups for traders to take.
A pair that was particularly popular among price action and smart money traders,…
Manufacturing Data and USD Strength + GBPUSD Priming for Long
Forex Trading Analysis, Live Trading Room, Technical AnalysisToday's Philly Fed manufacturing data came out exceptionally well, as the data printed a result of 26.5 versus the forecast of 11.2. Despite this result, the Dollar has found itself down 0.42%.
As expected, the long-term downtrend for the…
USDCAD Final Target Achieved + GBPUSD Intraday Short
Forex Trading Analysis, Live Trading Room, Technical AnalysisJoe Biden has officially been inaugurated as the new acting president of the United States. Surprisingly, the markets had a dull response to his ceremony and speech. Short-term technicals point to a bullish Dollar, while the long-term downtrend…
USDCAD Profits + NZDUSD Looking to Head Lower
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe calm before the storm, that is the storm of fundamental events that will be taking place tomorrow. The DXY could go either way, and traders have options in terms of trade setups.
Currently, the DXY is resting at this week's low of 90.40.…
Dollar Fails to Hit 91.00 + Weekly Fundamental Outlook
Forex Trading Analysis, Live Trading Room, Technical AnalysisLast Friday's fundamental news has put a damper on the Dollar's recent attempts to attain 91.00. With a week full of fundamental news, this could be the week that the Dollar finally pushes through or reverts back to the downside.
Today is…
DXY Bullish Despite Bearish Fundamentals
Forex Trading Analysis, Live Trading Room, Technical AnalysisDespite several bearish fundamental factors, the US Dollar Index (DXY) has pushed past this week's high and is en route to 91.00. Traders are left wondering if this is manipulation or a reversal occurring before their eyes.
The first bearish…
EURNZD Shorts + USD Priming For Powell's Speech
Forex Trading Analysis, Live Trading Room, Technical AnalysisAs expected, this morning's fundamental releases have the US Dollar in a blunder. More unemployment claims were filed last month than expected which caused the Dollar to quickly shift from being bullish for the day to bearish.
As a result,…
USDCHF and USDJPY Profits + Dollar At Crossroads
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe US Dollar spent much of yesterday selling off and as a result trades for USDJPY and USDCHF raked in decent profits for traders. As of right now, the Dollar is at crossroads in deciding which direction it wants to go.
Price action analysis…
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USDJPY Shorts + US Oil Swing Long
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe US Dollar Index (DXY) failed to make a rally to 91.00 and instead is showing signs of bearishness. Traders should look for potential USDJPY shorts and US Oil longs to take advantage of the current situation.
Price action traders have…
EURNZD Short Continuation + DXY to 91?
Forex Trading Analysis, Live Trading Room, Technical AnalysisOver the weekend, the US Dollar Index (DXY) continued its rally as price made a push to 91.00. This key level may be used as a resistance, so traders are advised to focus on the minors until more information is available.
One minor that may…
USD Mixed NFP Reaction + NZDCAD At Key Level
Forex Trading Analysis, Live Trading Room, Technical AnalysisToday's Non-Farm Payroll release results were mixed, but the US Dollar Index (DXY) was set on moving higher. As the majors adapt to the DXY, NZDCAD has found itself in a unique situation.
The unemployment rate for the US economy came in at…
NZDJPY Longs + BTC Has Hit 40,000!
Forex Trading Analysis, Live Trading Room, Technical AnalysisThis morning the US Dollar Index (DXY) has created a new high for the year near 90.00. Some of this can be attributed to the chaos that occurred at the Capitol. Also, Donald Trump has conceded the 2020 election this morning which may also have…
AUDUSD and NZDUSD Long Trade Setups + BTC to 40,000
Forex Trading Analysis, Live Trading Room, Technical AnalysisThis morning's ADP job numbers came out worse than expected at 123,000 jobs lost in comparison to the addition of 60,000 jobs. But, that did not stop the US Dollar from making a brief rally to the upside.
After the initial rally, the DXY…
USDJPY Shorts and AUDUSD Longs Almost Ready
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe US Dollar Index (DXY) is wasting no time in 2021, as the price made its way down to the 2018 low. This price action opens up the possibility of USDJPY shorts and AUDUSD longs.
Price action predicts that the DXY will revisit 89.500, before…
2021 Forex Trade Biases and Trade Setups
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe new year is here and traders are ready to trade once again. The first official trading day of 2021 was eventful and also very informative for what's to come in the next twelve months.
Throughout the new year celebrations, the US Dollar…
US Dollar Headed Lower + AUDUSD Surges in Profit
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe last official trading day of 2020 is in the books. The markets were still fairly active on the last day as the US Dollar Index (DXY) continues its selloff.
As predicated by price action and smart money analysis, the DXY is set to continue…
DXY Bullish for Now + AUDUSD Ready to Launch
Forex Trading Analysis, Live Trading Room, Technical AnalysisSince yesterday, the US Dollar Index has found itself below 90.00 for the first time since mid-December. Despite this move, intraday bullishness for the Dollar is expected.
Candlestick analysis indicates a potential rebound from 89.88 as…
Why the Majors are Still Bullish for 2021
Forex Trading Analysis, Live Trading Room, Technical AnalysisAs we approach the middle of the holidays, the US Dollar Index (DXY) is still respecting the long-term downtrend. This morning traders are finding many of the majors selling off, but that may not last for too long.
Price action and smart…
Market Outlook for the Holiday's
Forex Trading Analysis, Live Trading Room, Technical AnalysisIt's the day before Christmas Eve and the markets are certainly aware of that. Traders should expect major bouts of consolidation from now until January 4th as the holidays stroll around.
For the US Dollar Index (DXY), price is expected to…
DXY to 91.00 and Majors Look to Short
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe US Dollar Index (DXY) is not done just yet as the index has hopes of going higher. As a result, many of the major currency pairs are projecting potential short-term shorts.
After revisiting 90.50 yesterday, the DXY has found itself on…
DXY Gap and Holiday Trading Conditions
Forex Trading Analysis, Live Trading Room, Technical AnalysisOver the weekend the US Dollar Index (DXY) gapped from 89.90 to 90.45 and then went on a rally back to the 91.00 psychological level. This sudden move was not a shock to most veteran traders as this type of volatility can be expected during…
Knowing When to Exit a Trade + Profit Recap
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe last full trading week of 2020 is finally in the books. Many traders were able to secure a good deal amount of profit all thanks to the rapid depreciation in the Dollar. Trade setups for EURUSD and AUDUSD seemed to be the most popular among…
EURUSD and AUDUSD Profits + DXY to 88.75
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe US Dollar Index (DXY) is wasting no time to reach 2018's low as sellers continue to pressure the Dollar to go lower. Today many of the majors have extended their gains against the Dollar, with some being up +0.62% up for the day.
EURUSD…
EURUSD Ready to Enter + NZDCAD Shorts
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe midweek of the trading week is here and the markets are jumping with volatility. This morning Congress passed a $900 billion stimulus package for the United States. This news led to a rapid depreciation in the US Dollar and several setups…
DXY Going Lower + EURUSD Breakout Almost Ready
Forex Trading Analysis, Live Trading Room, Technical AnalysisThis morning the US Dollar Index (DXY) has dropped to this week's low of 90.50. The DXY is set to head down lower to the low created last week at 90.42. As a result, pairs such as EURUSD and AUDUSD are ready to breakout.
Price action analysis…
DXY Ranging + Pending Breakouts for EURUSD & NZDUSD
Forex Trading Analysis, Live Trading Room, Technical Analysis, UncategorisedThe first trading day of the week is in the books. This Monday morning the US Dollar Index (DXY) has been stuck in a range, and pairs such as EURUSD and NZDUSD are developing setups.
Traders are finding DXY ranging between 90.50 and 91.25.…
USDCHF, EURUSD and NZDUSD Swing Trades for Next Week
Forex Trading Analysis, Live Trading Room, Technical AnalysisAnother trading week has been completed in the Forex Trading Room. For today's session, trade setups for USDCHF, EURUSD, and NZDUSD were covered.
For the entirety of the week, the US Dollar Index (DXY) was ranging. Price was stuck between…
AUDUSD and CADJPY Long Trade Ideas
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over trade ideas for AUDUSD and CADJPY.
As the US Dollar Index (DXY) continues to range between 90.75 and 91.00, many of the majors have also begun to range. One major has separated itself from the…
DXY Bullish in the Short Term + EURUSD Short?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the US Dollar Index (DXY) and why we may look at shorting EURUSD.
During yesterday's session, we believed that the DXY will eventually get down to last week's low of 90.52. However, the Dollar…
DXY Stuck in Range + AUDUSD Ready to Enter?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the ranging US Dollar Index (DXY), and a trade setup for AUDUSD.
As of this morning, the DXY has spent the majority of its time stuck in a range between 91.000 and 90.75. During yesterday's session,…
EURUSD, AUDUSD and NZDUSD Long Trade Ideas
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over swing trades for EURUSD, AUDUSD, and NZDUSD.
Last Friday, we discussed the double bottom that was created by the US Dollar Index (DXY). We predicted a small rally to 91.000, at which point price…
EURUSD, AUDUSD and GBPUSD Swing Trades for Next Week
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over swing trades for EURUSD, AUDUSD, and GBPUSD that we have for next week.
EURUSD has already been entered and has achieved our first target. We went as high as +59 pips, since then the price has…
EURUSD Swing in Profit + AUDUSD Ready to Enter
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the status of our EURUSD swing trade, and then we discussed our pending AUDUSD trade idea.
During yesterday's live session, we describe why we believe EURUSD will rally to new highs for the year.…
EURUSD Swing Long Almost Ready + DXY Almost at 91
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the bearish US Dollar Index (DXY) and then gave an update on our EURUSD long trade.
As expected, the DXY has continued its bearish momentum as price action continues to respect the current downtrend.…
NZDCAD in Profit + EURUSD Long Trade Developing
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over our NZDCAD trade idea, and then we discovered a possible long for EURUSD.
Our NZDCAD swing long has hit its first take profit. We will secure 30% of profits here, and leave the remaining position…
Gold Short Ready to Enter + DXY to 91
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over our pending Gold trade and where the US Dollar Index (DXY) is headed.
Last week, Gold made its move down to 1790. Gold is under pressure with several successful vaccine trials. This morning Moderna…
Weekly Trade Recap + AUDNZD Swing Trade for Next Week!
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the trades we took this week and the AUDNZD swing trade we have planned for next week.
This week we focused on EURUSD, AUDUSD, NZDCAD, EURNZD, and CADJPY. We were able to enter EURNZD, NZDCAD,…
EURNZD Trade Update + CADJPY Possible Short?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the current status of our EURNZD trade. We then discussed a possible short for CADJPY.
During yesterday's live session, we broke down our swing trade for EURNZD. This idea is based on the weekly…
EURNZD Trade Entered + NZDCAD Almost Ready
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we entered our EURNZD trade idea, and how NZDCAD is almost ready to go as well.
For a few weeks, we have been eyeing a potential short for EURNZD. After waiting and being patient, we have finally gotten entry…
Gold Swing Short in Play + DXY Near Consolidation Zone
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over our current Gold trade and the current status of the US Dollar Index (DXY).
For months we waited for Gold to breach 1845 on the daily timeframe, and finally, it occurred yesterday. We wanted to…
Gold Swing Short + DXY Surges on Vaccine Success
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over our swing trade for Gold and how the DXY has reacted to the vaccines for Covid-19.
This morning the US Dollar Index (DXY) surged right at the open of the New York session. The index made its way…
EURNZD Swing Trade Idea For Next Week!
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over how our trading week went, and then we found a trade idea for EURNZD.
This week was fairly slow for us but we were still able to make some profit. Our first trade was a short for USDJPY. This…
USDJPY and AUDJPY Profits + NZDUSD Swing Short?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the current status of our USDJPY and AUDJPY trade ideas. We then gave an update on our NZDUSD swing trade.
After hitting our first take profit, USDJPY came back and stopped our remaining position…
USDJPY Profits + EURJPY Intraday Short
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the current status of our USDJPY trade idea. We then found a possible entry for EURJPY.
During yesterday's session, we discussed the possibility of the DXY selling off to 92.19. The index has…
EURJPY and NZDJPY Short Ideas
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over possible trade ideas for EURJPY and NZDJPY.
This morning we noticed the US Dollar Index (DXY) continuing its path to 92.50. Despite this, many of the major currency pairs are staying put. We were…
AUDUSD and NZDJPY Long Trade Ideas!
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over possible trade ideas for AUDUSD and NZDJPY.
This morning the US Dollar Index continued its selloff to 92.50. This move may be attributed to Moderna announcing their vaccine being 94.5% effective…
NZDCHF and NZDJPY Trades For Next Week
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the trades we took this week, and then we found trade ideas for next week.
Due to the US Election carrying over to this week, we had a very slow start to the week. Many of our pending setups for…
USDCHF Profits + NZDCHF Trade Next?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the current status of our USDCHF trade idea. We then gave an update on our pending NZDCHF trade idea.
During yesterday's session, much of our focus was on EURNZD and AUDNZD. Our entry criteria…
AUDNZD and EURNZD Shorts are Almost Ready!
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the status of our pending trade setups for EURNZD and AUDNZD.
In yesterday's live session we discussed the possibility of either going long or short for EURNZD, depending on what price action…
NZDCHF and EURNZD Trade Ideas
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the incoming consolidation for the US Dollar. We then found two trade ideas for NZDCHF and EURNZD.
We expect the US Dollar to consolidate from today until Thursday afternoon. For one, we have…
Pfizer Vaccine Revives US Dollar
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the current status of the US Dollar Index (DXY) and the Forex majors.
Last week the media announced that Joe Biden had won the 2020 US Election. This announcement resulted in the selling of the…
Forex Market Assumes Biden Victory + Euro to 1.20000
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we continued our discussion about the US Election and the Forex market.
It has now been three days since the US Election has started, and we have yet to determine a president. At the current moment, it seems…
Forex US Election Analysis - Biden Heavy Favorite in the Markets
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we provided updates about the ongoing election and its effects on the Forex markets.
Even two days after election day, the United States has yet to crown a new president. As it stands right now, Joe Biden…
Forex Markets Await US Election Winner
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the ongoing presidential election and the reactions that have occurred in the Forex market.
Unfortunately, a winner of the US election has not been crowned yet. It is still a tight race between…
US Election Day - How will the Forex Market React?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over how the Forex market may react during today's US Election.
Voters that haven't voted yet are out and are getting their ballots in. The first round of results won't be known until around 7:00 PM…
Thought Attracts that Upon Which it is Directed
Forex MotivationIf Thought Attracts that Upon Which it is Directed, then we have to focus on those things that matter to us the most. Keep your frequency high and hone in on positive methods of constructing your reality but don't forget duality, balancing the…
Forex US Election Prediction and Analysis
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we gave our insight into how tomorrow's US Election will affect the Forex market.
Although national polls show Joe Biden as the favorite to win the election, many speculators are giving Donald Trump a punchers…
Forex US Dollar Election Prediction and Analysis
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the various scenarios pertaining to the US Election and the US Dollar Index (DXY).
The US Election is four days away and the world as well as the financial markets are anxious to see who wins.…
3 Strike Rule + DXY Rockets to 94.20
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live session, we discussed the '3 strike rule', and then we discussed our outlook for the US Dollar Index (DXY).
The 3 strike rule does not only apply to baseball, but it applies to trading as well. We believe that once three trades…
USD Preferred Safe Haven + CADJPY Swing Short
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the current status of the US Dollar, and then we discussed a possible swing trade for CADJPY.
We started the week with a bullish bias for the US Dollar. The Dollar had its struggles with resistance…
USDCAD Profits + Pound Pairs are Priming
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over our USDCAD trade from yesterday, and then we went over the lack of movement in the Pound pairs.
During yesterday's live session, we discussed the two possible scenarios for the US Dollar Index.…
GBPUSD and GBPAUD Trade Ideas
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we determined our bias for the US Dollar Index (DXY), and then we discussed trade ideas for GBPUSD and GBPAUD.
The DXY is still within the descending channel that it had formed back in September. Currently,…
AUDJPY and USDCHF Possible Swing Trades
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we briefly went over the US Dollar Index, and then we found swing trades for AUDJPY and USDCHF.
This morning we noticed that the US Dollar Index was desperately trying to rally off support at 92.55. On the…
Silver Long Developing and Trader Psychology
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over a possible long setup for Silver, and then we discussed the importance of trader psychology.
This morning the US Dollar Index (DXY) continued its selloff by reaching the 93.00 psychological level.…
EURAUD in Profit + GBPAUD Trade Idea
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live session, we went over the status of our EURAUD trade, and then we found a trade idea for GBPAUD.
During yesterday's live session, we discussed a potential long setup for EURAUD. This was based on the 4hr candle at the time…
EURAUD Long Trade Idea + DXY at Key Level
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we determined our bias for the US Dollar Index (DXY) and then we found a trade idea for EURAUD.
This morning the US Dollar Index showed a great deal of movement as price dropped 0.42% to the downside. This…
Weekly Trade Recap + Trade Ideas for Next Week
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the trades we took this week, and then we completed analysis to find trades to take next week.
This week we took two trades, one was a short for AUDJPY and the other was a short for EURAUD. Our…
AUDJPY Profits (+110 Pips) + EURAUD Trade Idea
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over our profits made from our AUDJPY trade, and then we discussed a possible trade idea for EURAUD.
During yesterday's live session, we broke down why we thought AUDJPY was set to head lower. It was…
The Secret of Life
Forex MotivationAs the great Alan Watts once said:
This is the real secret of life - to be completely engaged with what you are doing in the here and now. And instead of calling it work, realize it is play.
USD Fakeouts Confirmed + AUDJPY Sell Signal
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the fakeouts in the major currency pairs, and then we discussed a possible sell setup for AUDJPY.
During yesterday's live session, we covered the important topic of identifying fakeouts. We used…
NZDCAD and AUDJPY Trade Ideas + USD Fakeouts
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over possible trade setups for NZDCAD and AUDJPY. We then discussed the fakeouts that are occurring in the major currency pairs.
This morning the DXY surged 0.50% to the upside without any clear indication…
EURUSD, GBPUSD and CADJPY Trades for Next Week
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the trades we took this week, and then we went over trade ideas for EURUSD, GBPUSD, and CADJPY that we could take next week.
Much of this week was spent on deciding where the DXY was headed, to…
CADJPY Long and NZDCAD Short Trade Signals
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the status of our current and pending trade setups. We then went over trade setups for NZDCAD and CADJPY.
In yesterday's session, we covered the lack of movement in the DXY, and that we were shifting…
EURNZD Intraday Setup + CADJPY Long Signal
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the status of our pending trades, and then we identified trades for EURNZD and CADJPY.
To not much of our surprise, the US Dollar Index (DXY) has yet to move from 93.30. The consolidation has…
DXY and NZDCAD Head and Shoulders Pattern
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the current status of our pending trade setups, and then we discussed a possible head and shoulders for NZDCAD.
The US Dollar Index (DXY) has yet to move from support at 93.40. The Dollar is stuck…
EURUSD and GBPUSD Long Setups + DXY to 93
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we determined our bias for the US Dollar Index (DXY), and then we found trade setups for EURUSD and GBPUSD.
This morning we saw the DXY slip 0.38% to the downside and then hit the key level of 93.40. At this…
Fed Confidence - Slow and steady, wins the race
Forex MotivationFed is prepared to use the tools that it has to foster achievement of its goals. - Jerome Powell
Expected to keep policy interest rates near zero until inflation rises to 2%, and economy reaches maximum employment.
Lets see what happens…
Trading Like a Sniper + Trades For Next Week
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over how our trading week went and then we prepared for next week.
This week taught our members a very important lesson. The lesson is that you need to be a sniper in the markets, not a machine gun.…
Trading Consolidation + NFP DXY Analysis
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the consolidation in the markets and how to trade it. We then went over our brief prediction for tomorrow's NFP release.
This morning we went over several examples of consolidation and indecision…
Positive ADP Job Numbers But DXY Bias Still Mixed
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over this morning's ADP employment numbers and the current situation with the US Dollar Index.
This morning the US economy released its ADP employment numbers. These numbers represent all the jobs…
NFP Week Predictions and Trade Setups
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over our predictions for the NFP release and consequently, trade setups for the week.
A new month is approaching and that means another NFP week. The current forecasts speculate the unemployment rate…
+454 Pips on 85% Accuracy Since August Using Price Action
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the trades we took this week, and then we completed technical analysis to prepare for next week.
We had another great trading week as we were able to enter three solid trade setups that were all…
EURUSD Profits + USDCHF Trade Setup
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the profits made by our EURUSD trade. We then identified a possible entry for our USDCHF trade.
During yesterday's session, we finally received price action confirmation to enter short for EURUSD.…
GBPUSD Profits + USDCHF and EURUSD Trades
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the profits made by our GBPUSD trade. We then talked about trade setups for USDCHF and EURUSD.
Shortly after yesterday's market close, we were able to get entry into our GBPUSD short setup. This…
US Dollar Index Pushing to 95 + GBPUSD Short Trade
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the status of our pending trades. We then went over our predictions for tomorrow's Euro PMI release.
In yesterday's live session, we discussed possible trade setups for EURUSD and GBPUSD. We wanted…
Trade Signals for EURUSD and GBPUSD + DXY to 94?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the US Dollar Index and as a result, have found trade setups for EURUSD and GBPUSD.
This morning the US Dollar Index surged to the upside, with the index being up 0.76% for the day. Based on technical…
85% Win Rate for Past Month + Two Solid Setups for Next Week
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over how our trading week went and we then completed analysis to prepare for next week.
This week was fairly quiet in the Forex Trading Room as the markets weren't providing us entries into our pending…
US Dollar Index Touches 93.60 But Bearish Bias Still Remains
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the FOMC rate decision and what that may entail for the US Dollar. We then found trade setups for EURUSD and USDJPY.
Yesterday the FOMC decided to keep interest rates unchanged. We predicted this…
FOMC Prediction and Trade Setups to Take Advantage
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the possible outcomes for today's FOMC press conference in relation to the US Dollar Index. We then discussed trade setups for GBPUSD and GBPJPY.
This afternoon at 2:00 PM EST the FOMC is unveiling…
US Dollar Mixed Bias + EURNZD Possible Long
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the current status of the US Dollar Index before tomorrow's FOMC rate decision.
At the moment the US Dollar Index is having a tug-of-war at the 93.00 psychological level. We will continuously…
FOMC Rate Prediction and Trade Signals
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the forecasts for this week's FOMC rate statement. We then found possible scenarios for the US Dollar Index and consequently its effect on the major currency pairs.
This week the Federal Open…
ECB Trading Week Profits + Trades for Next Week
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the trades we took this week. We then completed technical analysis to determine viable trade setups for next week.
This week was another great week for us in the Forex Trading Room. We took four…
ECB Keeps Interest Rate Unchanged + Setups for the Euro
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the ECB rate statement and what it may entail for our current and pending setups. We then found a swing short for GBPUSD.
The European Central Bank (ECB) has decided to keep interest rates unchanged…
EURUSD Long Setup + GBPUSD Intraday Profits
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today’s live trading session, we went over the current status of our trades. We then identified a long setup for EURUSD and a short for EURGBP.
During yesterday’s live session, we determined a bearish bias for the US Dollar Index (DXY).…
Work vs Luck
Forex MotivationVisualizing success is very important, the best way to do so is by being realistic and setting the right expectations for yourself. Don't get lucky, do the work.
Forex ECB Predictions + DXY at Reversal Point
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over our predictions for the European Central Bank (ECB) rate statement. We then found trade setups for USDCHF and USDJPY.
This week is the ECB rate statement which represents the interest rate decision…
Trust The Process
Forex MotivationTrust the Process
Seeds grow in the darkness
Diamonds crystallize under pressure
Oil is pressed out of olives
Grapes are crushed to make wine.
If you feel crushed, are being pressed, in darkness, or under pressure, your are…
NFP Trading Results (140 Pips) + 2 Promising Setups!
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the trades we took this week to achieve +140 pips. We then determined two key setups to trade next week.
As previously mentioned, Non-Farm Payroll week could go in two directions, full of life…
A Goal Without A Plan Is Just A Wish
Forex MotivationWhen making a goal without a plan it truly is just a wish. Keep in mind that it is important to develop a trading plan and stick to it.
Trade Setups for NFP, US Dollar Looking to Hit 94.00
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the possible setups we can take before tomorrow's Non-Farm Payroll release. We then did a lesson on how to determine directional bias.
This morning the US Dollar continued its dominance as the…
EURNZD Profits + USD Dollar Unfazed From Poor ADP Numbers
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the current status of our trades, and then we discussed today's ADP employment numbers.
During yesterday's live session, we looked at several pairs containing the New Zealand Dollar. We determined…
USD Fights Back on Positive PMI Data + AUDJPY Long
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the US manufacturing data that was released this morning. We then discussed a possible long setup for AUDJPY.
This morning the Institute for Supply Management published its PMI result which is…
NFP Predictions and Forex Trade Setups! (US Dollar Melts?)
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over our predictions for this week's Non-Farm Payroll release. More importantly, we focused on the fate of the US Dollar and consequently the major currency pairs.
As discussed last Friday, we have…
Weekly Profit Recap (100% Win Rate) + Trades for Next Week
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over how our trading week went. We then completed technical analysis to find several trade setups for next week.
This week was slow and choppy due to the two-day Jackson Hole Symposium. But, that did…
Powell Insists on Lower Rates + GBPJPY Swing Trade
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over Powell's speech as well as our predictions for the US Dollar moving forward. We then found swing trades for GBPJPY and EURNZD.
This morning Fed Jerome Powell spoke about his plans for the monetary…
USD Awaits Jackson Hole Symposium + USDJPY Short
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over our predictions for the Jackson Hole Symposium. We then found a sell setup for USDJPY.
Tomorrow is the Jackson Hole Symposium which is an annual event sponsored by the Federal Reserve where members…
USDCAD Intraday Profits + Long Term Trades for NZD
Forex Trading Analysis, Forex Trading Blog, Live Trading RoomIn today's live trading session, we went over the profits made from our USDCAD intraday trades. We then found swing trade setups for EURNZD and AUDNZD.
We decided to hold our USDCAD short from last week over the weekend because we were confident…
Fundamentals Indicate Slow Week + DXY Retrace to 93.90
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over our game plan for the upcoming trading week. We did this by first analyzing this week's fundamental schedule, followed by the completion of technical analysis for the US Dollar and certain currency…
Weekly Profit Recap (+100 Pips) + Trades for Next Week
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the trades we took this week, and then we completed analysis to determine trades for next week.
Much of the moves that occurred this week, occurred during the latter part of it as there was no…
Quick Intraday Profits + Gold Long Setup
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the status of the signals that were called yesterday. We then went over a possible buy scenario for Gold (XAUUSD).
During yesterday's session, we noted the short-term presence of buyers surging…
DXY Fights Back + Trading Consolidation!
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the resurgence of the US Dollar and whether there were any setups we could take as a result. We then ended the session with a lesson on trading consolidation.
This morning the US Dollar Index…
Euro to 1.20500 + LINK and ETH Setups
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the current status of the trades we covered yesterday. We then spent the last bit of the session going over setups for some cryptocurrencies.
During yesterday's live session, we speculated that…
DXY Next Leg Down + USDJPY & USDCAD Short
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we did an overview of possible setups that we could take this week. We did this by first analyzing the US Dollar Index (DXY) and then determining where the majors/minors would go.
As discussed during last…
Weekly Profit Recap (+225 Pips) + Trades for Next Week
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the trades that we took this week to accumulate around +225 pips. We then prepared for next week by identifying possible trade setups and biases.
This week started off fairly slow as the markets…
EURUSD and GBPUSD Profits + GBPJPY to 143.666?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the status of our EURUSD and GBPUSD trades. We then found trades for Gold (XAUUSD), Silver, and GBPJPY.
During yesterday's live session, we identified long setups for both EURUSD and GBPUSD. We…
EURCAD and GBPCAD in Profit + US Dollar Bulls are Back?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the US CPI data release, and then we went over the current status of our trades.
This morning the US released it's Consumer Price Index (CPI) with a result of 0.6% versus a forecast of 0.3%. The…
EURCAD, AUDCAD and CADCHF Trade Setups
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the current status of the trades we discussed yesterday. We then went over the US Dollar Index (DXY) to determine where the majors are headed.
During yesterday's live session, we found several…
Canadian Dollar Bulls are back, US Index at Standstill
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over several pairs to determine which trade setups we will take this week. We first analyzed the US Dollar Index (DXY) and then moved on to the major and minor currency pairs.
The DXY had a bullish…
Bullish NFP as Expected + Next Week Market Insight
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the Non-Farm Payroll employment data and then determined trade setups to take next week.
As predicted, the NFP results came out far greater than expected. The US economy was able to drop the unemployment…
Technical Analysis Suggests Bullish NFP
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we completed technical and fundamental analysis for the US Dollar to predict tomorrow's Non-Farm Payroll (NFP) result and reaction.
Many traders and investors alike are waiting for tomorrow's NFP report released…
EURUSD and EURJPY Longs + DXY Bearish Again
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the ADP employment numbers and which setups we could take for the rest of the week.
This morning the US economy printed a lackluster result of adding 160,000 jobs versus the forecast of 1.20 million.…
NFP Week Market Predictions (USD Bulls are Back?)
Forex Trading Analysis, Forex Trading Blog, Technical AnalysisIn today's live trading session, we went over our predictions for the Non-farm Payroll (NFP) release and what setups we could take this week.
A new month translates to a new NFP report for the US Economy. This month's forecast indicates a…
315 Pips Weekly Recap with RP Forex (July 31)
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the trades we took this week to notch +315 pips. We then did an analysis of trades to take next week.
We concluded last week on a good note as we indicated to our members that the markets were…
Trade Setups to Trade Post FOMC Rate Decision!
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over how the Forex markets looked after yesterday's FOMC rate decision. We then identified a handful of trades we could take before the week comes to a close.
Yesterday the Federal Reserve revealed…
FOMC Rate Decision today - Market Analysis & Setups
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we mainly focused on the FOMC rate decision that is occurring later today. We then concluded the session by going over possible trade setups.
Today, the Federal Reserve will announce key aspects of its monetary…
Gold Pushes to 1981 + USDJPY Ready to Short?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the current status of our EURUSD trade and what we expect next for the US Dollar Index (DXY).
During yesterday's live session, we went over EURUSD and determined the pair still had a sizable amount…
Gold Reaches New Highs + EURUSD Long
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the continuing US Dollar weakness and setups we can trade to take advantage of the depreciating currency.
The US Dollar Index continues to tumble as buyers pile on with their longs for the majors.…
Weekly Profit Recap + Next Week Market Insight
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over how the week played out and then completed analysis for trades to take next week.
Similar to last week, this week consisted of five trades. Our first two trades were a long for EURUSD and a short…
Gold Almost at 1900 + Silver to $25?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over our GBPJPY and EURCAD trades that were taken yesterday. We then spoke about last-minute setups for Silver, Gold, and GBPAUD.
During yesterday's live trading session, we identified a long trade…
EURUSD and GBPJPY Profits + CHFJPY Long?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the status of our EURJPY and GBPJPY trades. We then completed technical analysis for some of the minors and found a setup for CHFJPY.
During yesterday's live session, we went over the US Dollar…
Euro to 1.17000? Silver, Gold and Oil Longs!
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we discussed the meltdown of the US Dollar Index (DXY) and where many pairs and commodities are headed as a result.
Since yesterday, the DXY is down 0.64%. The current daily timeframe suggests the US Dollar…
Gold and Silver Look to Push Higher!
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the US Dollar Index (DXY) and several other pairs to determine which trades would be taken this week.
The DXY is continuing its downtrend as Coronavirus cases continue to grow rapidly in the United…
Weekly Profit Recap + Next Week's Market Insight
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the trades that were taken as well as the ones that weren't, and then we determined setups for next week.
Similar to the past few weeks, the market conditions have been ranging and choppy. We…
Euro Needs to Clear Key Resistance Before Buying!
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading webinar, we went over the European Central Bank's (ECB) rate decision and what effect it may have on the Euro. We then identified a few last-minute setups to take before Friday's market close.
Like many other banks…
Canadian Monetary Policy Boosts CAD
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the Canadian monetary policy statement and its consequent effects on the Forex market. We then spent the rest of the session looking for trades to take to finish the week off.
This morning the…
EURUSD and EURJPY Profits + DXY Ready to Melt?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the status of our Euro trades, and then we gave our members an update on the US Dollar Index (DXY).
In yesterday's live trading session, we discussed the possibility of taking an intraday short…
COT Report Hints Bullish Euro and Bearish Dollar
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we determined the bias for many of the major and minor currency pairs. This was achieved by first analyzing the US Dollar Index (DXY) and then looking at the rest of the Forex pairs.
After analyzing the US…
Weekly Profit Recap + Next Week Market Insight
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we did a recap of how our week went, and then we completed price action analysis to determine trades for next week.
The current market choppiness appears to be here to stay. For this reason, we reduced the…
US Dollar Bulls Are Back? + CADJPY and CADCHF Trades
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the results of the US unemployment claims and then completed analysis for the Dollar Index to determine the direction of the majors.
This morning the US economy printed a result of 1.314 million…
Beware of Smokescreens + AUDJPY Short Setup
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live session, we focused on the fundamentals behind the recent rallies for the Euro and whether if these rallies are here to stay or if they are all smokescreens.
At the start of the week, many of the European pairs seemed to be…
Gold Almost at 1800 + CADJPY Short Ready?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we spoke about Gold's journey to 1800 as well as trade setups for CADJPY and NZDCAD.
Back in December 2019, RP Forex made a bold prediction that Gold would reach at least $1800 by the end of 2020. Fast forward…
Positive USD Manufacturing Data + EURUSD Short?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we discussed this morning's US manufacturing data and then completed analysis to determine possible trades for the week.
This morning the US economy printed a result of 57.1 versus an expectation of 50.0 for…
Risk Management: Factors Currently Affecting the Price of the USD
Market Opinion, Media, NewsThe first step to minimizing risk in Forex trading is to understand the factors that drive currency prices. In this article, we’re going to take a look at the recent decline of the USD and what may be causing it.
COVID-19
It’s been almost…
Live Forex Trading - Weekly Profit Recap + Next Week Market Insight
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the trades we took during this short week and then focused on trades to take next week.
Usually, the Non-Farm Payroll week is a busy and volatile week to trade. But, this week was different. We…
Weekly Profit Recap + Next Week Market Insight
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the trades we took during this short week and then focused on trades to take next week.
Usually, the Non-Farm Payroll week is a busy and volatile week to trade. But, this week was different. We…
4.8 Million Jobs Added in June + GBPUSD Shorts
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the all-important Non-Farm Payroll (NFP) release and what that may entail for the Forex market. We then spent some time finding trade setups and arrived at the possibility of shorting both GBPUSD…
US Dollar Bullish for Independence Week?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we discussed the important events in the week ahead of us as well as viable trade setups to take.
Not only do we have NFP this week, but we also have Canada Day and Independence Day (Fourth of July). Since…
Weekly Profit Recap + Next Week Market Insight
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the trades we took this week and then completed analysis to determine setups for next week.
Similar to last week, this week we had identified numerous potential setups to enter. Despite more volume…
EURUSD and EURAUD Profits + CADJPY Ready to Short?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the profits made from our EURUSD and EURAUD trades. We then spent the rest of the session looking at our next batch of trades that are almost ready to enter.
Earlier during the London session,…
EURUSD Short Profits, GBPUSD and NZDUSD Next?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the profits made from our EURUSD trade, and then we discussed the possibility of shorting the other majors.
Since last week, we have had a bearish bias for many of the majors, including EURUSD.…
Live Forex Trading - Euro PMI Bolsters Euro Strength, But For How Long?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we discussed the Euro PMI manufacturing data release and the implications it can have on our pending trade setups.
During the London session, the European Union printed a bullish result across the board for…
Are the Majors Ready to Fall? GBPNZD and GBPAUD Are!
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the pairs we discussed last Friday and determined which setups are valid to enter this week.
During last Friday's live session, we went over the majors as well as a few minors. EURUSD and GBPUSD…
Weekly Trade Recap + Next Week Market Insight
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the trades we took this week, and then we completed technical analysis to determine trades for next week. This was the slowest week RP Forex has encountered in his fourteen-month tenure with Forex…
Despite 7.1% Unemployment Rate AUDUSD Stays Put
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the Australian unemployment data release and the lack of effect it had on the Aussie. We then went over the current status of our GBPJPY and GBPUSD trades.
Last night the Australian government…
Intraday Setups for NZDCAD and AUDCAD
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the current status of our pending setups and determined if an entry is imminent. We then spent the rest of the session discussing potential intraday setups for NZDCAD and AUDCAD.
Since the end…
Strong US Sales Date as Catalyst for Shorts
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we discussed the US Core Retail sales data and the impact it may have on our setups for the major currency pairs.
This morning, the US economy published its retail sales data and the results were spectacular.…
Eyes Set on Forex Majors To Slip This Week
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we took a look at the setups we devised for the major currency pairs last Friday. A quick look shows that many of the majors have retraced quite a bit, but have provided opportunities to enter short.
Last…
Weekly Profit Recap (+330 Pips) + Next Weeks Market Insight
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we did a recap of the trades that were taken this week along with analysis for trades to take next week. We have continued our high accuracy trading this week as out of the seven trades called, only one resulted…
USDCHF Profits + The Yen Ready To Buy?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the trades we took shortly before the FOMC press conference. We then discussed trade setups for AUDJPY, NZDJPY, CADJPY, and EURJPY.
During yesterday's live session, we completed technical analysis…
Markets Await FOMC Economic Projections
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we did a complete overview of the FOMC press conference that is occurring later today at 2:00 PM EST. Most of the financial markets are awaiting this all-important press conference as it will not only include…
NZD Profits + Bearish Outlook for FOMC
Forex Trading Analysis, Live Trading Room, Market OpinionIn today's live trading session, we went over the profits made from our trades taken yesterday. We then explained why we have a bearish bias for the major currency pairs in relation to tomorrow's FOMC rate decision.
During yesterday's session,…
Trade Setups for FOMC Week + New Zealand Reopens
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we did a brief overview of the possible trade setups for the week. We took note that this Wednesday is the FOMC rate statement and that many of the major currency pairs may consolidate until then.
Eyes are…
Weekly Profit Recap (+300 Pips) + Next Week's Market Insight
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we did a recap of the trades that we took this week to gain +300 pips. We then discussed the Non-Farm Payroll release and how that may affect trade setups for next week.
This week was another great week as…
1.9 Million US Unemployment Claims + GBPNZD Shorts Continue?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the fundamental news that occurred earlier this morning. We then completed technical analysis to find trades to enter before the week comes to a close.
Early this morning, the European Central…
US Oil Long Profits and Trade Setups for NFP
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live Forex trading session, we went over the present status of our US Oil long trade that was taken yesterday. We then discussed the ADP employment numbers for the US economy and trade setups for the Non-Farm Payroll release this…
CADJPY and EURNZD Profits + Majors SEt to Edge HIgher
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the status of the trades we took yesterday. We then discussed potential trades to take for tomorrow's ADP release for the US economy.
During yesterday's live session, we covered a wide range of…
Majors Analysis + US in Deep Waters?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we completed technical and fundamental analysis for the majors as this week is Non-Farm Payroll (NFP) week.
As if the US economy wasn't dealing with enough on its plate with the pandemic and tensions with…
Weekly Profit Recap (+371 Pips) + Next Week's Market Insight
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the trades we took this week that led to a potential gain of up to +370 pips. We then completed technical and fundamental analysis for various pairs to determine what kind of setups could be taken…
USD Slips on Mixed News + US and China Cold War?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we discussed the cold war brewing between two superpowers and its potential effects on the Forex market. We then identified two setups for the major currency pairs. In particular, long setups for both NZDUSD…
US Oil and EURAUD Profits + Pending GBPJPY Shorts
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live session, we talked about the status of the four trades that were taken yesterday. We then went over trade setups for GBPJPY and AUDJPY.
During yesterday's session, we went over several trades to take. After some consideration,…
Majors Gain On Memorial Day + US Oil Time to Short?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the status of the trades discussed in yesterday's session. We then looked for new setups to enter, in particular a short for US Oil and a short for XAUUSD (Gold).
As expected, the markets were…
Majors Set to Go Lower This Week + US Oil to $40?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we tried to get a bias for the majors as this week is set to be a big one for the US Dollar. As today is memorial day, many of the financial markets are practically asleep.
Last week the US Dollar ended on…
Weekly Profit Recap (+150 Pips) + Next Week's Market Insight
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over how we won all of our trades this week and then, discussed trade setups to take next week. An important topic discussed this week in the Forex Trading Room was the art of being adaptive as a trader.
Although…
Mixed US Data, Which Way Will the Majors Go?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the fundamental releases that occurred earlier in the London session. We then went over the current status of our NZDUSD trade and trades to take before the week comes to a close.
German and French…
USDJPY & USDCAD Intraday Trades + Euro Longs Back on Table?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the status of our USDCAD and USDJPY trades from yesterday. We then spent the rest of the session looking for new trades to enter. We found a potential long setup for both US Oil and EURUSD.
During…
Jerome "By Any Means" Powell + Forex Markets React to the End of Covid-19?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session we went over Jerome Powell's comments regarding the US Economy as well as trade setups for the week.
Early this morning, Jerome Powell indicated that the Federal Reserve will take a "by any means necessary"…
Weekly Profit Recap (+140 Pips) + Next Week Market Insight
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the trades we took this week as well as trade setups to potentially take next week. Although, we didn't reach out +300 pip per week goal, we had a total of 6 trades, with 5 being winners. Quality…
US Unemployment Claims Surprise Again + EURJPY and CHFJPY Profits
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the profits made from the trades taken yesterday, the US Unemployment Claim numbers and setups to take before tomorrow's market close.
During yesterday's session, we determined a bearish bias…
AUDJPY and EURCAD Profits + GBPAUD Ready to Short?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the trades we took yesterday and then completed technical analysis for several pairs. In particular, we found setups for GBPUSD, GBPJPY and GBPAUD.
During yesterday's session, we discussed a possible…
US Inflation Down, EURJPY Trade Setup and GBPAUD Pullback
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the trades discussed in yesterday's session, the US Inflation report and what trades to take next.
During yesterday's session, we looked at several setups to trade for this week. NZDUSD and GBPAUD…
US Dollar Bulls Back in Action? Gold Flirts With 1700
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over this weeks fundamental schedule along with trade setups to take. This week will be heavily predicated around the US Dollar.
Tomorrow morning, the US Economy will release its April inflation report…
Weekly Profit Recap (+181 Pips) + Next Week's Market Insight
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the trades we took this week as well trade setups we can take next week.
NFP week could be slow or fast, this week was rather slow but profitable. We started the week off with a short trade for…
US Unemployment Claims Come out Bearish, Signs NFP Will Be the Same?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we discussed how our NZDUSD trade played out, this mornings US Unemployment claims and trade setups for the NFP release.
During yesterday's session, we analyzed NZDUSD and determined a bearish bias for the…
EURJPY Provides While EURAUD Short Setup Develops
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the status of our current trades, the ADP release and setups to take for the rest of the week.
During yesterday's live session, we looked at several potential setups to trade. Only one however,…
GBPAUD Profits + Eurzone in Trouble
Forex Trading Analysis, Live Trading Room, Technical Analysis
In today's live trading session, we went over the status of our GBPAUD trade, the current troubles in the Eurozone, and trades to take for the rest of the week.
During yesterday's live forex webinar, we analyzed GBPAUD and…
NFP Week + Setups to Trade This Week
Forex Trading Analysis, Technical AnalysisIn today's live trading session, we went over setups that we could potentially take this week along with a quick overview of the forecasts for the Non-farm Payroll Release.
This week is the Non-Farm Payroll Release (NFP) for the US Economy.…
Profit Recap (+220 Pips) + Next Week Market Insight
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the trades we took this week to make +220 pips as well as as setups to trade next week. This week was a great bounceback week as we had zero losing trades and made a considerable amount of growth.
One…
ECB Keep Rates Unchanged + US Unemployment Claims Disappoint
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the current status of our GBPJPY and AUDJPY trades. We then discussed the effects of the ECB rate decision and setups to take before the week comes to a close.
In yesterday's live trading session,…
US GDP Down + FOMC Statment This Afternoon
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we discussed the profits made from our EURAUD trade, the FOMC Rate statement, and trades to take for the rest of the week.
During Monday's live trading session, we called a short for EURAUD. We had our first…
US Consumer Confidence Down + Chance of Reopening?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the current status of our EURAUD trade from yesterday. We then spent the rest of the session discussing trades to take for the rest of the week,
During yesterday's live session, we took a short…
Monetary Policy Week + Euro Up or Down?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the fundamental schedule for this week as well as potential trade setups to trade. We have determined an overall bearish bias for the Euro and a bullish bias for the Aussie.
The fundamental schedule…
Weekly Trade Recap + Next Week Market Insight
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the trades we took this week, as well as setups to trade next week. Although this week wasn't anywhere close to our normal standards, we learned valuable lessons that can only be learned during times…
Eurozone Manufacturing Struggles + Gold on Route To 1745
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the PMI results for the European Union, the current status of our trades and potential trades to take before the week comes to a close.
During the London session, France and Germany released their…
GBP Saved By Fundamentals + XAUUSD Longs To 1745?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today’s live trading session, we went over the status of our GBPJPY trade that was taken yesterday. We then spent the rest of the session discussing why we went long for XAUUSD (Gold).
During yesterday’s live session, we did technical…
Negative Crude Oil Prices + GBP Pairs Headed Lower?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over to why US Oil has negative prices and what that means moving forward. We then found potential setups for GBPJPY and EURAUD.
Yesterday US Oil (Crude) recorded its worst losing day in history. The…
Crude Oil At 21 Year Low + Gold Shorts Are Ready?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we discussed why US Oil had dropped to a 21-year low and where it may head to next. We then took look at potential trade setups for this week.
Early this Monday morning US Oil had dipped below $10 per barrel.…
Weekly Profit Recap (+225 Pips) + Market Insight Session
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the trades taken this week that led to +225 pips. We then spent the rest of the session looking for trade setups to take next week. There are two setups that have piqued our interest for next week,…
Unemployment Claims Still Record High + The Swing Trade of the Quarter?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we spoke about the importance of trader psychology and managing trades while in a loss. We then spent the rest of the session looking at last minute setups we can take before the week is over.
During yesterday's…
Mixed US Sales Data + Where is DXY Headed?
Forex Trading Analysis, Live Trading Room, Market OpinionIn today's live trading session, we did a quick overview of our trades taken yesterday and then looked for trades to take for the rest of the week. We found two extremely promising setups for USDCAD and US Oil.
In yesterday's session, we…
US Dollar Selling? Gold, Euro and Pound Aim To Make New Highs
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the setups discussed on Friday as well as new setups that we can enter this week. In particular, a short for USDCHF and NZDJPY has piqued our interest.
On our Discord last Friday, our members…
Profit Recap (+400 Pips) + Next Week Market Insight
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the trades we took this week that led to profits of up to +400 pips. We then spent the remainder of the session looking for trades to take now and next week.
This week was phenomenal as we have…
FOMC Meeting Minutes, The Fate of The US Dollar
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we discussed the +300 pips made from yesterday's trades and then discussed the possibilities for the FOMC meeting minutes. The rest of the session we discussed possible trade setups. A setup of particular interest…
Gold Reaches 1675 Psych Level + OPEC Meeting Setup
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the profits made from the trades that were placed yesterday. We then spent the rest of the session looking at a potential setup for US Oil.
During yesterday's live session, we found trade setups…
Market Fears Retreat? MUST Trade Setups This Week
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live session, we went over the current market sentiment surrounding the Coronavirus. The rest of the session was spent discussing possible trade setups for GBPUSD and XAUUSD (Gold).
Over the weekend, much of the United States hot…
Weekly Profit Recap (+240 Pips) + Next Week Market Insight
Forex Trading Analysis, Forex Trading Blog, Technical AnalysisIn today's live trading session, we went over the trades we took this week to make up to +240 pips in profit. We then focused on trades that we could take next week. We found some great setups for the major currency pairs, in particular GPBUSD,…
US New Record For UE Claims. BUT US Dollar Is Unbothered?!
Forex Trading Analysis, Forex Trading Blog, Technical AnalysisIn today's live trading session, we discussed the US Unemployment Claims release that occurred earlier in the morning. We then spent the rest of the session looking for some last-minute trades to take before tomorrow's Non-Farm Payroll release.
This…
US ADP Numbers Better Than Expected, But Is it Enough?
Forex Trading Blog, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the profits made from our XAUUSD (Gold) trade that was analyzed in yesterday's session. We then went over potential trade setups for USDJPY and EURUSD.
During yesterday's live Forex webinar, we…
NFP Market Predictions and Trade Setups
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over our predictions for this NFP week and some promising setups we can look to take. The setups of particular interest were for GBPUSD, GBPJPY, and US Oil.
The growing concerns surrounding the Coronavirus…
Weekly Profit Recap (+300 Pips) + Next Week Market Insight
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live Forex trading session, we went over the trades we took this week to make +300 pips of profit. We then performed technical analysis to find potential trade setups for next week.
This week started off slow and underwhelming…
EURUSD In Profits As US Prints Historic Unemployment Claims
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live Forex trading session, we went over the profits made from our USDCAD and EURUSD trades, as well as trades that we can take before the week comes to an end.
In yesterday's trading session, we presented two setups that could…
$2 Trillion Stimulus Package + Where Are The Majors Headed?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live Forex trading session, we went over the current trade setups we're looking at, including EURAUD and NZDJPY, as well as other potential trade ideas that may play out later in the trading week.
In the previous live session,…
Euro PMI Comes Out Mixed, Pairs Are Looking For Direction
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. In today's live trading session, we went over the current status of our trades and trades that we could take for the remainder of the week.
As of right now, only one setup from yesterday's live session…
US Allows For Unlimited QE + Effects On The Forex Market
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. In today's live trading session, we went over several trades ideas that we could enter this week.
In today's session, we discovered several setups that could be in play for this week. In particular,…
US Allows For Unlimited QE + Effects On The Forex Market
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. In today's live trading session, we went over several trades ideas that we could enter this week.
In today's session, we discovered several setups that could be in play for this week. In particular,…
Profit Recap (+800 Pips) + Next Week Market Insight
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. In today's live trading session, we went over the trades we took this week to make +800 pips. We then took a look at trade setups for next week.
There were two trades that brought the majority of the…
NZDUSD Profits + EURCHF and CADCHF Coming Along
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. In today's live session, we went over the current status of our trades and then we took at a look at our pending trade setups.
Our final targets for our AUDUSD and NZDUSD swing trades have been hit.…
How to use Forex Signals The Right Way
Forex Education, Forex Signals, Getting Started, Market EducationAUDUSD in Profit (+140 Pips) + EURCHF Short is Next
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. In today's trading session, we went over the trades we took yesterday which resulted in us making up to +250 pips. We then took a look at setups to take for the rest of the week.
In yesterday's session,…
Lackluster Sales Data, But The US Dollar is Still King
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. In today's live trading session, we went over the status of our trade setups from yesterday and trades that we could take for the remainder of the week.
The three setups that we gave in yesterday's…
US Dollar Preferred Safe Haven + Bear Market Confirmed
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. In today's live session, we went over the increasing chance of a global recession and which trades we could enter this week.
Over the weekend, Goldman Sachs officially declared a bear market. They…
Profit Recap (+205 Pips) + Next Week Market Insight
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. In today's trading session, we went over the trades we took this week to make +200 pips and trades that we could take next week.
This week started off with major gaps in the markets. This caused confusion…
US Dollar Strength Is Back, Time For Majors To Slip?
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. In today's live trading session, we went over the profits from the trades we took yesterday, and then discussed potential setups to take today.
In yesterday's session, we analyzed and entered two trades…
Decent CPI Data Helps The Dollar + U.K Cuts Rates By 50 Basis Points
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. In today's live session we went over the current status of our trades, and if there are any trades we could possibly enter.
In yesterday's session, we were able to identify a short trade for EURUSD.…
Coronavirus Has Markets Still In Shock + EURUSD Short
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. In today's live session, we went over the current status of the markets and if there are any setups that we could enter.
It's not a surprise that many traders are having a hard time finding trade setups…
Black Swan Event Causes Major Dips In The Forex Market
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. In today's session, we discussed the severe impact that the black swan event Coronavirus has had on the Forex markets and how we will trade moving forward.
During this week's market open many traders…
Live Forex Trading Profit Recap Revealed (502 Pips) + Next Week Market Insight
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. In today's trading session, we went over the trades we took this week to make +502 pips and trades that we can take next week.
We had another phenomenal week in our Forex Trading Room where we had…
GBPAUD Profits, GBPJPY Lagging and XAUUSD Long Trade
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. In today's trading session, we went over the current status of our trades and trades that we can take before the end of the week.
In yesterday's session, we found a long setup for GBPAUD which could…
GBP Weak, But It Will Require Patience + ADP Employment Change Is Solid!
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. In today's trading session, we went over the current status of our trades and trades that we can take later this week.
During yesterday's session, we took a look at US Oil and noticed the potential…
Federal Reserve Cuts Rate + How Do We Trade This?
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. In today's trading session, we went over the Federal Reserve cutting rates, and what trades we can take in response to their decision.
In yesterday's session, we decided to take a short on GBPJPY.…
GBP Shorts This Week? + Insights For NFP Week
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. In today's trading session, we went over the current fundamental sentiment for the Forex market and setups we can take this week.
Among the increasing worries of the Coronavirus causing a global recession,…
Forex Trading Profit Recap (+660 Pips) + Next Week Market Insight
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. In today's session, we went over the trades we took this week that led to +660 pips of profit. We then spent the rest of the session going over possible setups for next week.
This week was arguably…
US Oil Profits (+160 Pips) + Australian Dollar Will Retrace Momentarily
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. In today's trading session we went over our profits from yesterday's trades and then we look at a potential long setup for USDCAD.
In yesterday's live session we did an analysis for US Oil and found…
USDCHF and AUDUSD In Profit + USDJPY In Drawdown
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. In today's trading session, we went over the current status of our trades and trades that we could potentially take.
In yesterday's session, we decided to enter short for USDJPY and USDCHF. Earlier…
USDCHF and USDJPY Short? + GBPUSD Longs To Top Of Range
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. In today's trading session, we did a live entry for USDCHF and USDJPY. We then did an analysis of US Oil and determined a possible short setup.
In yesterday's live trading session, we identified a…
Coronavirus Risk-Aversion Continues + How To Trade This Event?
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. In today's trading session we went over the severe impact the Coronavirus has caused on the markets and what pairs to trade to benefit the current situation.
Over the weekend we had more and more countries…
+250 Pip Profit Recap + Next Week Market Insight
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. In today's live webinar, we went over the profits we made this week along with trade setups for next week. This week was phenomenal as we had zero losing trades and came close to our target goal of +300…
+120 Pips From NZDCAD & NZDUSD + US Dollar Retraces
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. In today's session, we went over our trade setups for NZDCAD and NZDUSD that led us to +120 pips of profit. We then discovered a great long term swing opportunity for AUDUSD.
This week we decided to…
NZDCAD & USDCAD In Profit + Euro Heads Lower
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. In today's trading session, we went over the current status of our NZDCAD. USDCAD and EURUSD trades. We then spent some time to analyze the US Dollar Index (DXY) and NZDUSD.
In yesterday's session,…
EURUSD Continues To Move Lower + GBP Strong Job Report
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. In today's session, we did technical analysis for several pairs and found a few trades that were ready to enter. This trading week is only four days long as Canada and the US had a bank holiday yesterday.
Using…
Profit Recap Session + Next Week Market Insight
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. In today's session, we went over some of the trade setups that we took this week and then setups that we can take next week.
Due to multiple bank press conferences that were held this week, we had…
EURAUD & EURNZD Trades Are Good To Go! Poor CPi Data
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. In today's trading session, we went over the current status of our trades and then scouted the markets for any last-minute trades we can take before the week ends.
In yesterday's live session, we did…
EURAUD & USDCAD Profits + NZD Keeps Rates Unchanged
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. in today's session, we went over the current status of our trades as well as potential trade setups that we could take later in the day.
During yesterday's session, we went over a potential setup for…
Powell Hints At A Stronger Dollar + USDCAD Swing Short In Play?
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. In today's session, we went over the profits made from our EURUSD and USDCAD trades taken yesterday. We also went over trade setups that we can take during the midweek.
During yesterday's live session,…
EURUSD & NZDUSD Shorts This Week? GBP Bearish?
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. In today's trading session, we went over the current fundamental events affecting the Forex market as well as trade setups for this week.
The number of people infected and dying from Coronavirus has…
+400 Pips Made With Only ONE Losing Trade!
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading trade session. In today's session, we went over the trades that we took this week that led us to +400 pips of profit. We then discussed potential setups for next week.
This week we took eight trades in total.…
GBPAUD and US Oil Profits, Finally Time To Short AUD?
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. In today's session, we went over the two winning trades we took yesterday and four more trade setups that we could enter later today.
During yesterday's session, we did a live analysis of US Oil and…
+140 Pips From EURAUD and EURUSD + US Dollar Remains STRONG
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. In today's trading session, we went over the trades we took yesterday, as well as four trades that we can take for the rest of the week.
During the London session, RP Forex called two signals on Telegram.…
NZD Ready To Short? + GBPUSD and XAUUSD Short?
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. In today's Forex webinar, we went over the current status of our setups from yesterday and what we might expect for tomorrow's ADP Non-Farm Employment Change result.
As of right now, we are not in…
USD Manfacturing Gains, Majors Should Slip Against The Dollar
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. In today's trading session, we went over key fundamental events that are weighing down on the Forex market. We then went over some trade setups that could be on the table for this week.
Currently,…
+500 Pips?! Live Forex Trading Weekly Profit Recap
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. In today's session, we went over the trades we took this week that led us to +500 pips of profit. We then took a look at trades we can take next, particularly AUDUSD, CHFJPY, and USDCAD.
This week…
NZD Short Profits + GBP Long?
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. In today's trading webinar, we went over the profits that were made from yesterday's session and if there are any other trades that we can take this week.
Last night RP Forex held a free live session…
NZDCAD and NZDUSD Trades + FOMC Rate Statement
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. In today's webinar, we went over the current status of our trades and then discussed the possible outcomes of the FOMC Press Conference later this afternoon.
In yesterday's session, we determined a…
Forex Live Trading GBPJPY and NZDUSD Profits + Euro Pullback?
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. In today's session, we went over our winning trades for the week and trades we are currently waiting to enter.
In yesterday's trading webinar we did a price action analysis of GBPJPY. We were able…
Coronavirus Leads To HUGE Market Gaps Traders BEWARE!
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. In today's session, we went over the cause of the gaps in the Forex market and how that will affect our trading moving forward. We have been accustomed to trading in less than ideal conditions, but each…
+400 Pips From Only FOUR Trades! EURUSD, EURJPY, USDJPY & USOIL
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. In today's session, we went over how we made over +400 pips this week without losing a single trade. Yes, that is possible and it was done this very week!
This week started off with two blockbuster…
Major Profits From EURUSD, EURJPY and USDJPY!
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. Today, we went over our four profitable trades that were analyzed and entered during yesterday's live session. We were able to accumulate +220 pips and counting from these trades.
The week started…
EURJPY and AUDUSD Profits + Bank of Canada Rate Statement
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. In today's session, we went over our EURJPY and AUDUSD which brought in +60 pips and counting. We also then discussed EURUSD and NZDUSD which we are waiting to enter.
In yesterday's session, we had…
Bank of Japan Keeps Rates The Same, Majors are Setting Up To Short!
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. In today's session, we went over the current status of the trades discussed in yesterday's session. We are observing consolidation in the markets as this week is filled with Monteray Policy statements…
Short EURUSD, AUDUSD and NZDUSD +400 Potential Pips
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. In today's trading session we went over the current status of our trades and trades that we can take this week. The setups that were discussed were EURUSD, AUDUSD, NZDUSD, and EURJPY.
Last week we…
Short Bias For EURUSD, AUDUSD, GBPUSD & NZDUSD For 2020!
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. In today's session, we went over the setups we took this week and which setups we will carry over into next week. Although fundamentals made this week a lot harder than it needed to be, we were still…
USDCHF Profits + Stronger US Dollar for 2020
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. In today’s session, we discussed the results of the US Core Retail Sales and the current status of our trades.
Earlier this morning we had US Core Retail Sales come out way better than expected at…
GBPJPY and USDCHF Profits + What is Happening with the US Dollar?
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading webinar. In today’s session, we went over our profits for GBPJPY, USDCHF, and NZDUSD. We also went over our losing trades in USDJPY and XAUUSD to see exactly what happened.
Yesterday we decided to take a…
NZDUSD and EURJPY in Profit, XAUUSD Short or Long?
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. In today's session we went over the status of the four trade setups that were covered in yesterday's live session. We also spent some time discussing the currently fundamental drivers of the mixed sentiment…
US Dollar Mixed Bias, GBPAUD amd GBPJPY Provide Easy Profits!
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. In today's session, we used our price action trading strategy on the major pairs and on pair recommendations from our clients to determine setups we will take this week.
Over the weekend we had a deep…
EURUSD Profits, Gold and USDJPY Trades For Next Week
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading webinar. Today, we went over how our first trading week of 2020 went and setups that we can potentially enter next week. Due to recent world political events, our first trading week had less than ideal trading…
EURUSD Short Profits & Counting, USDJPY Short Trade Ready?
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live Forex trading webinar. Today, we went over our profitable trade setup for EURUSD and then found potential trade setups for USDCAD and USDJPY. We then spent some time discussing the implications of tomorrow's Non-Farm…
Forex Live Trading Webinar - EURUSD Short Profits, Oil and Gold Profits Due To Iran Aggression
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live forex trading webinar. Today, we went over the current status of our EURUSD, XAUUSD, and Crude Oil analysis. We also spent time discussing Iran's ballistic missile attack on US bases in Iraq and how the Forex market reacted.
In…
Forex Live Trading Webinar - EURUSD Short, GBPUSD and Gold Mixed Bias
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live forex trading webinar. Today, we went over trade setups for EURUSD, GBPUSD, USDCHF, and XAUUSD. We then discussed the possible repercussions of the US and Iran war for the Forex market.
In today's session, we did a…
Forex Live Trading Webinar - First Trading Week of 2020
Forex Trading Analysis, Live Trading Room, Technical AnalysisHappy New Year! Welcome to another live FX trading webinar. Today, we went over the recent fundamental events concerning the US Dollar, how our bold predictions for 2020 are holding up and what trade setups we can enter this week.
Most of…
Happy New Year 2020
Forex Trading BlogHappy New Year!
Forex Lens wishes you all a decade of progression, education, love, health and wealth. May we all get stronger and better together as traders and more importantly as individuals.
This past year has been a great step forward…
Why It's Important to Be Patient in Trading Forex + Price Action Analysis
Forex Trading AnalysisWelcome to another live FX trading webinar. Today, we went over our current trades, recapped on our short-term and long-term market outlook for the majors currency pairs, and had a brief discussion on Why It's Important to Be Patient in trading…
Why Sticking To Your Strategy is Important + Technical Analysis
Forex Trading AnalysisWelcome to another live Forex trading webinar. Today, we went over our pending trades, had a brief discussion of the impeachment of Trump yesterday, and talked about how to stick to your Trading Strategy.
During yesterday's live session,…
GBPUSD and GBPJPY Shorts, Trump Impeachment vote
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome, to another live Forex trading webinar with RP Forex at Forex Lens. In today's live session, we went over our current trades from yesterday; GBPJPY and CADJPY, and how to trade trendline breakouts.
Starting the session off, we discussed…
GBPUSD Short in Profits, EURUSD & XAUUSD held by Resistance
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome traders to another live Forex trading webinar. In today's stream, we went over the trades we took yesterday, including a GBPUSD short trade currently in +180 pips profit. We closed off the session talking about how you should stay motivated…
Last trading week of 2019 - Technical Analysis - EURUSD, GPBUSD, USDJPY & XAUUSD
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome traders, to another live forex trading webinar. It's the last trading week of 2019! In today's live session, we did a market overview of the trade setups we discussed on Friday’s live trading session, then we ended off the stream talking…
Live Forex Trading - UK Elections and Trade War Developments
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome, to another Forex trading webinar. In today's trading session we spoke about the current status of our trades, the UK Election and new developments in the US-China trade war. We also talked about The Best Tools To Improve Your Trading.
Today,…
Live Forex Trading - EURAUD, CADCHF & USDCHF Analysis and Profits
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome, to another daily Forex market breakdown. In today’s live trading session, we went over the analysis and profits made for our EURAUD, USDCHF and CADCHF trades. We also spoke about today's CPI numbers for the US Economy and what it…
Live Forex Trading - CADCHF & USDCHF LONG TRADE SETUP
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome Forex traders, to another daily Forex technical analysis breakdown. In today’s live trading session, we went over the current status of our forex signals from yesterday, and then applied technical analysis to find further trade setups…
Live Forex Trading - EURUSD, GBPUSD & XAUUSD NEAR TERM SHORT TRADE SETUPS
Forex Trading Analysis, Live Trading Room, Technical Analysis
Welcome Forex traders, to our daily Forex technical analysis breakdown. In today’s live trading session, we provided potential trade setups for EURUSD, GBPUSD & XAUUSD using our price action trading strategy,…
Organizing Your Charts - Forex TradingView
Forex Trading BlogToday’s live forex trading session is based on Organizing your Charts in Forex using TradingView, it was hosted by George FX as RP is on vacation. George is 35 years young and a graduate of the University of Toronto's, Financial Trading and…
Identifying Trends - Forex TradingView
Forex Trading BlogToday’s live forex trading session is based on Identifying Trends in Forex using TradingView, it was hosted by George FX as RP is on vacation. George is 35 years young and a graduate of the University of Toronto's, Financial Trading and Options…
Forex Trading Profits This Week: Recap + Market Outlook for Next Week
Forex Trading Analysis, Live Trading Room, Technical AnalysisHappy Friday traders, welcome to another daily live technical analysis breakdown.
Every Friday, we do a trade recap going over our trades and what to expect for the following week. We captured a few big winners, and also had a few losers…
GBP Pound continues to Show Strength. Major Consolidation with Majors
Forex Signals, Forex Trading Analysis, Live Trading Room, Technical AnalysisHappy Thanksgiving to all our traders in the US. In today's Forex technical analysis breakdown, we reviewed the status of our current pending signals from yesterday. We found a few new potential setups for GBPUSD and USDJPY. After that, we spent…
Forex Signals for GBPJPY, XAUUSD and EURNZD
Forex Signals, Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome Forex traders, to our daily Forex technical analysis breakdown. In today's live trading session, we provided Forex signals for GBPJPY, XAUUSD, and EURNZD. These 3 trade setups could potential give us additional +500 pips for the trading…
+100 Pips From GBPAUD, Gold Long Setup and How to Trade With Confidence
Forex Signals, Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live Forex webinar. In today's Forex webinar we went over our two winning trades from yesterday, in GBPAUD and XAUUSD. Both setups were analyzed during our free webinar on Monday and we had an entry shortly after. We are currently…
4 FOREX TRADE SETUPS TO LOOK AT THIS WEEK
Forex Signals, Forex Trading Analysis, Live Trading Room, Technical Analysis
Happy Monday traders, and Happy Black Friday Week.
This week, we are offering a special deal for Black Friday that ends on Cyber Monday.
New members can buy any Signal Service Membership and Receive a…
Never Lose A Trade Again - 300 Pips Per Week Trading Strategy
Forex Signals, Forex Trading Analysis, Live Trading Room, Technical AnalysisAre you tired of losing more trades than you win? Are you tired of making adjustments over and over again to your trading strategy? If you answered yes to any of these 2 questions, then rest assured, because our price action trading strategy…
Price Action Trading - AUDCAD & AUDNZD Leads To Profits + XAUUSD Short Trade Setup
Forex Signals, Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome traders to our daily live Forex trading webinar breakdown. In today's live trading session, we went over the current status of our AUDNZD & AUDCAD trades, broke down the technicals and fundamental analysis on XAUUSD to forecast if…
How To Plot a Forex Signal and EURUSD & XAUUSD Technical Analysis
Forex Signals, Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome traders to another live Forex trading webinar and technical analysis breakdown. In today's live trading session, we did a recap of the GBPUSD & GBPJPY trades that we took this week, looked at a potential trade setup for AUDNZD and…
GBPUSD & GBPJPY in Profits + XAUUSD Fake Out Explained
Forex Signals, Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome traders to another live trading webinar. In today's daily live webinar we did a recap of our GBPUSD & GBPJPY trades that were taken earlier in the week and we then took a look at a trade setup for AUDNZD. We then did price action…
GBPUSD & GBPJPY Down? + What To Look For In a Trade
Forex Signals, Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading webinar, we went over the current status of our GBPUSD & GBPJPY trades that were taken yesterday. We also discussed 'What To Look For In a Trade?'. Moving forward, we will end each live session with a brief discussion…
EURUSD, GBPUSD, XAUUSD & USDJPY Analysis
Forex Signals, Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's free live trading session, we talked about the major currency pairs that we will be looking at this week. We had a phenomenal week last week, bringing in a total of +320 pips without a single losing trade. We'll aim to continue the…
Weekly Trades Recap + Market Outlook Next Week
Forex Signals, Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we did a profit recap of all the trades we took this week and some analysis for trade opportunities to take next week. We had a phenomenal week as we made approximately +320 pips without a single losing trade.
We…
EURJPY & AUDJPY in Profit + Minor Currency Pairs Analysis
Forex Signals, Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. Today, we went over the current status of our EURJPY and AUDJPY trades and then we went over some price action analysis for the minor currency pairs.
Yesterday, we did a full price action analysis…
EURJPY Trade Setup as Planned + AUDJPY to Go Lower
Forex Signals, Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session. Today we went over our EURJPY trade that we took during yesterday's live session. We also looked at our EURUSD and XAUUSD trades that are currently in profits. We then spent the remainder of the session…
EURUSD and XAUUSD Gold Profits, EURJPY Next To Fall
Forex Signals, Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live trading session in our Forex Trading Room. In today's session, we went over our EURUSD and XAUUSD trades which are both in profit and have brought us a combined total of +130 pips. We have moved our stop loss to entry…
Technical Analysis: EURUSD, GBPUSD, GOLD, & USDJPY
Forex Signals, Forex Trading Analysis, Live Trading Room, Technical AnalysisHappy Monday traders. Hope you all had a fantastic weekend. Today is Remembrance Day in Canada, and Veterans Day in the United States, so we take a moment to remember all the brave men and women who have fallen for our country, and all those…
Weekly Forex Trading Recap + Next Week's Market Outlook
Forex Signals, Forex Trading Analysis, Live Trading Room, Technical AnalysisHappy Friday traders, and welcome to our weekly free live trading session. As a reminder, we stream live for free on Mondays and Fridays.
In today's trading session, we did a recap on the +360 pips we made this week and some trade ideas to…
When to Exit A Trade + Bearish on EURUSD & NZDCAD
Forex Signals, Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome traders, to another private live trading webinar. To get access to these live sessions, make sure to subscribe to our Trading Room. You can try us out for free on Monday and Fridays where we host our free sessions.
In today’s live…
GBPJPY Profits, NZDCAD & GOLD Trade Setups Pending
Forex Signals, Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome traders, to another live trading session in the Trading Room. In today's live session, we went over our GBPJPY and NZDCAD trades we took yesterday. We then found setups for XAUUSD, EURUSD and USDCAD. We are currently up +260 pips for…
EURUSD, GBPUSD, XAUUSD & USDJPY All Hit Take Profit (+225 pips)
Forex Signals, Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the 4 winning trades that we entered during yesterday's live stream. Yesterday's session was no longer than 20 minutes long, yet we were able to find 4 profitable trade setups. One of the biggest…
Forex Signals for EURUSD, GBPUSD, GOLD, and USDJPY
Forex Signals, Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another free live trading session. In today's live stream, we went over the price action analysis of the major currency pairs: EURUSD, GBPUSD, USDJPY and XAUUSD. We were able to find potential trade setups for all four currency pairs,…
Weekly Profit Recap + Next Week's Market Outlook
Forex Trading Analysis, Live Trading Room, Technical AnalysisHappy Friday and hope you all had an eventful Halloween last night. In today's live trading session, we talked about the Non-farm Payroll (NFP) News Release at 8:30 am this morning. This month's Non-farm Payroll Release was mixed as we had an…
Trade Setups - EURUSD, XAUUSD & CADJPY (150 Total Pips)
Forex Trading AnalysisWelcome to another live Forex trading session by RP Forex. In today's live session, we went over the current status of the three trades that were analyzed yesterday and trades that we entered live in today's session. We still have no losses…
Price Action Analysis - AUDUSD, AUDJPY & CADJPY
Forex Trading Analysis
In today’s live trading session we went over the 3 high probability trade setups using our price action trading strategy: CADJPY. AUDUSD, and AUDJPY.
We entered CADJPY during the live session and we are currently sitting in some…
Price Action Trading Analysis - EURUSD, EURAUD. EURCAD & GBPJPY
Forex Trading AnalysisWelcome to another technical analysis breakdown. In today’s live trading session, we went over the current status of our trades as well as price action analysis on a few minor pairs that we may look to trade during this news filled week.
Yesterday,…
Price Action Forex - EURUSD, GBPUSD, GOLD & USDJPY Analysis
Forex Trading Analysis
Happy Monday traders. We hope you caught today's live trading session. Just a reminder, we do these live sessions for free every Monday and Friday for our free members in the Forex Trading Room. If you have not created an account yet, click…
Price Action Trading Strategy Explained + Trading Week Recap
Forex Trading AnalysisWelcome to another free live trading session. In today’s session we went over how we trade using our price action trading strategy. We reviewed each trade that we took and trades we did not take this week, and why. We explained the key components…
AUDUSD, XAUUSD, EURUSD Trades + More Technical Analysis
Forex Trading AnalysisWelcome to another live trading session where we teach you how to trade with naked price action. In today’s session we talked about the status of our AUDUSD and XAUUSD Gold trades. We also discussed why we decided to enter a short position…
Trade Signals for AUDUSD, XAUUSD, EURNZD and More Analysis
Forex Trading AnalysisWelcome traders, to another live trading session. In today’s live webinar in the Trading Room, we started off by talking about the latest developments in the ongoing Brexit discussion between Boris Johnson and members of the European Union.…
Trading EURUSD, GBPUSD, XAUUSD (GOLD)
Forex Trading AnalysisWelcome to another live session. In today's live session we went over the current events in the Brexit fiasco, how our trades from yesterday played out and which trade setups we are looking to enter next.
The last 24 hours have been quite…
Live Forex Trading Analysis - Trading Week Overview
Forex Trading AnalysisWelcome to another live trading session. If you missed it, you can re-watch it at the bottom of this article. You can also rewatch all of last week's live trading sessions for free in our Forex Trading Room by logging in here. If you have…
Live Forex Analysis - Trading Week Recap + Next Week Market Outlook
Forex Trading AnalysisIn today’s live trading session, we went over the trades we took this week, and potential trade setups we should look out for in the coming trading week. This week was calmer than the past two weeks, which led to more accurate trades and therefore…
Daily Forex Analysis - Cable Hits 5-Month High, Brexit Deal Reached + More
Forex Trading AnalysisWe started today’s live trading session by talking about the recent developments in the Brexit deal that was proposed to the European Union today. We then spoke about our AUDNZD and EURAUD trades from yesterday which were heavily impacted…
Technical Analysis on GBPUSD, XAUUSD, GBPJPY and Minor Pairs
Forex Trading AnalysisIn today's live Forex analysis session we started off by speaking about our Gold and GBPJPY trades which ended up giving us up to 105 pips. We then discussed the chance of buying the Pound, in particular GBPUSD, GBPJPY and GBPAUD.
Last night…
Live Forex Analysis - EURUSD, GBPUSD, Gold and Minors
Forex Trading AnalysisIn today's live Forex analysis session we talked about the trade deal that was finally made between US & China and the two setups that we are looking at to enter this week. Yesterday was a bank holiday so the markets were rather calm, but…
Current Price Action for EURUSD, GBPUSD, XAUUSD + More
Forex Trading AnalysisIn today's live Forex analysis session we went over some of the trades we took this week (EURUSD, GBPUSD). how the US-China trade war has affected them, and what we can look forward to in the coming week.
This week we only took a handful…
US & China Trade War Continues...
Forex Trading AnalysisIn today’s live session we spoke about the havoc that the US & China trade war is causing on the markets. Both sides began flip-flopping the days of their next meeting and their demands which has caused some unpredictable moves in the…
Powell's Speech - EURUSD, GBPUSD, XAUUSD, and More
Forex Trading AnalysisWelcome to another live session! In today's live session, we went over some key points of Powell's speech, what the current status of our trades is and what we can expect for the rest of the week.
Looking at the transcripts for Powell's speech,…
Technical Analysis on EURUSD, GPBUSD, XAUUSD GOLD and More
Forex Trading AnalysisWelcome to another live session. In today's session we did a live breakdown of our EURUSD, AUDCAD and GBPUSD trades. We also then took a brief look at yesterday's Gold trade and where Crude Oil could go next.
We decided to take a short on…
Live Technical Analysis for EURUSD, GBPUSD, XAUUSD & More
Forex Trading AnalysisIn today’s live Forex analysis session, we went over some possible trade setups for the week and what designates a valid entry for each setup.
The first pair we took a look at was EURUSD. The pair has gained against the Dollar after a lackluster…
Live NFP Trading - Setups for EURUSD, GPBUSD & XAUUSD (Gold)
Forex Trading AnalysisWelcome to a very important live session! In today's session we did a live example of how to trade news, and what better news release to trade than the Non-farm Payroll Release?
The session started off 30 minutes before the release, where…
NFP Trading Strategy for EURUSD, GBPUSD & XAUUSD
Forex Trading AnalysisIn today's session we spoke about risk management, trader psychology and what our game plan is for tomorrow's NFP release. We will be hosting a FREE live NFP trading session tomorrow at 8:00 AM EST, so be sure to join us in the Trading Room.…
Today's Technical Analysis for EURUSD, GBPUSD & XAUUSD
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live session we went over the technical and fundamental analysis on our two losing trades from last night. We then briefly sent over our game plan for the reminder of the week and trading the NFP this coming Friday.
See: What is…
Technical and Fundamental Analysis Today for EURUSD, GBPUSD, XAUUSD and More
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live session! In today's live session we briefly went over the technical and fundamental analysis behind our GBPUSD & GBPAUD trades, the markets reaction to the lackluster USD Manufacturing PMI and why we have decided…
Technical Analysis Today & Market Outlook for the Trading Week
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live session. In today's live session we speak about NFP week, how we will approach it and what kind of setups are in store for us to enter. Last week was profitable as we made just over 300 pips and we look to continue that…
Trading Week Recap by RP Forex + 300 pips profit made this week
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another Trading Week Recap by RP Forex.
We accumulated over +300 pips profit this trading week with the various trades setups that were analyzed in our live trading sessions. During this trading week, we focused on taking only…
Can You Make Money In Forex?
Forex Education, Forex Signals, Managed AccountsYes -- YOU CAN make money in Forex. But the real question is, WILL YOU make money in Forex?
The Forex Market and Getting Professional Guidance to Navigate it.
The foreign exchange market, or the Forex market is the #1 most liquid…
Pound GBP Technical Analysis Was Right, EURUSD Hit Support + XAUUSD Taps 1503
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live session, we went over our 160 pips that were made last night from our GBPAUD and GBPUSD trades. The technical analysis for both trades was explained in yesterday's live trading session.
The Pound (GBP) continues to crumble…
USD Technical Analysis, GBP Price Action Points Lower, XAUUSD Long On Hold
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live session! In today's session we started off by covering our Gold and GBPUSD trades that were called live in the previous day's session. Both setups led to a combined profit of +170 pips. We then shifted our attention to…
EURUSD Still Bearish, GBPUSD Favours Short, XAUUSD Aims Higher
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome traders to another live session. In today's live session we go over our current EURUSD trade and potential trade setups for the rest of the week.
Currently, EURUSD has reacted to lackluster USD Consumer Confidence, which lead to the…
Market Outlook for this Trading Week
Complimentary Live Session, Forex Trading Analysis, Live Trading Room, Technical AnalysisHappy Monday Traders! In today's live session we went over some European fundamentals and potential trade setups for the week.
Earlier during the London session, we had European PMI (French & German) come out worse than expected. This…
Weekly Technical Analysis and Profit Recap for the Week
Complimentary Live Session, Forex Trading Analysis, Live Trading Room, Technical AnalysisHappy Friday Traders. In today's live session we went over our +250 pip trading week and the trades we took to get there. Each setup was explained once again to give everyone a refresher on price action trading.
We started off the week with…
Technicals Says Short for EURUSD, GBPUSD & XAUUSD
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live session we started off by talking about our AUDCHF and GBPJPY sells which brought in around 70 pips. Both setups were explained on why they were taken and what the current outlook for them is. We then spoke about more potential…
FOMC Live Analysis, EURUSD, GBPUSD, and XAUUSD Analysis
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live session we covered our current EURUSD & GBPUSD trades, what may happen at the FOMC Press Conference and what potential trades we could enter afterwards.
Last night we had entered EURUSD & GBPUSD shorts which had led…
EURUSD Headed to 1.10700, GBPUSD Bullish, USDJPY Short Coming, and BTCUSD Analysis
Forex Trading Analysis, Live Trading Room, Technical AnalysisToday's live session started off by discussing why our XAUUSD (Gold) sell was closed, followed by where EURUSD and other pairs against the US Dollar might be headed. We then ended off the session with some Bitcoin analysis as per the request…
Technical Analysis, Market Outlook and Trade Setups for the Week
Complimentary Live Session, Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to another live session. In today's session we went over some of the drama that went over the weekend, our Gold and EURUSD trades and potential trade setups for this week.
Over the weekend Yemeni Rebels attacked oil facilities in…
375 Pips Total Profit This Week + Next Week's Market Outlook
Complimentary Live Session, Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live session we do a weekly recap of our week. We had another pleasant week with over +350 pips made. We only had one 'loss' and that was a mere 10 pips.
We started off the week with two home run trades, #Gold shorts and USDJPY…
ECB Analysis, EURUSD & GBPUSD Technicals, Gold Forecast (XAUUSD)
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live session, we start off by speaking about the #ECB Monetary Police Release and the effects it had on our trades that we had taken. In short, the #ECB is set to cut the interest rates another 10bps, from -0.40% to -0.50%.
Our…
EURUSD & USDJPY Analysis Playing Out, GBPUSD Technicals Indicates Short
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome traders to another live session. In today's live session we started off by speaking about our successful USDJPY long trade that has hit our final take profit and brought in over 64 pips. The technical analysis was simple and followed…
EURUSD Analysis, XAUUSD & USDJPY Clears +180 pips, AUDCAD Range Filled
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live session we spoke a bit about our USD/JPY and Gold trades. Both of which have brought in over +180 pips. These two setups were the highlight of our Monday's session and their technical analysis was broken down step-by-step.
Since…
Forex Market Outlook & Trade Setups: XAUUSD Down, GBPUSD Up + More
Complimentary Live Session, EURUSD, Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome back to another live session. We will be picking up where we left off on Friday. Last week was NFP week and it was packed with fundamental releases, however that did not stop us from gaining over 300 pips. This week is a lot more calmer,…
300+ Pips Total Profit & Forex Market Outlook for Next Week
Forex Trading Analysis, Live Trading Room, Technical AnalysisNFP Week is OVER. Thank goodness. Not to say that this week wasn't profitable, it was (+303 pips), it was just draining to keep track of all the fundamentals and to find setups that weren't going to be affected.
Nonetheless, this week was…
Non Farm Payroll (NFP) Tomorrow, Can EURUSD Fall Because of ADP, GBPUSD Up +130 pips
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome Traders to another live session. This week has dwindled down and is almost over. We had the ADP release earlier in the morning, the numbers were better than expected and thus, USD strength was observed across most pairs. Last night during…
GBPUSD Awaiting Shorts, EURUSD is Neutral, Don't Get Attached To Trades
Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to the another live session Traders. EURUSD has rallied as did many pairs against the dollar and has now tapped 1.10300. The long term bias for the Euro is short as it is contained with a descending channel. If we want to get in on the…
EURUSD Shorts Stalled, GBP Still Weak, Gold Seeking New Highs
Forex Trading Analysis, Live Trading Room, Technical AnalysisLike all good things, our long weekend has come to an end. Happy Tuesday Traders! I'm RP Forex back with another live session. In today's live session we discuss our beautiful GBPJPY short that was analyzed during yesterday's live session. This…
EURUSD Forecast 1.08600, Gold To 1600? + Weekly Recap
Complimentary Live Session, Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome to our FREE live session. We will recap how our trades went this week and why they were taken. We took around 7 trades, with our only loss being USDCHF which was stopped out by a unscheduled news release. We made around 240-250 pips…
U.S. China Trade War Update, EURUSD Forecast, XAUUSD Dropping from 1550 + More
Complimentary Live Session, Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome back Traders to another live session. Last night during the London session, China dropped a bombshell by saying that they would like to work out a deal with the US in their ongoing trade war. This caused USD strength and CHF & JPY…
Pound GBP Still Weak, CHF Swiss Franc is Safe Haven as Trade War Continues
Complimentary Live Session, Forex Trading Analysis, Live Trading Room, Technical AnalysisWelcome back traders to another live session. Last night GBPCAD brought in an additional +100 pips of profit. We finally have EURUSD on the way to 1.10700.
Yesterday, we took GBPUSD longs, but because of the price action I decided to exit…
US Dollar Index - Technical and Fundamental Analysis Update
Forex Education, Forex Trading Analysis, Forex Trading Blog, Live Trading Room, News, Technical AnalysisIt’s been a while since we last took a look at the US Dollar Index (DXY), so I thought it was time we analyzed the USDX technically and fundamentally. As I’ve stated countless times on my blog posts, there are two sides to every Forex trade.…
Why are Interest Rates so Important to a Currency?
Forex Education, Forex Trading BlogNovice Forex traders soon start to learn that in addition to technical analysis, fundamental analysis is a huge driver of a currency’s strength. If you haven’t read my previous blog post on Technical vs Fundamental Analysis, check it out…
Why You'll Never Make Money In Forex
Forex Education, Forex Trading Blog, Technical AnalysisIn this article, we have outlined 3 reasons why you will NEVER make money in Forex. You've probably heard the saying that goes, "90% of traders lose 90% of their capital in the first 90 days." Well sadly, it's true.
However... If you…
How to use Forex Signals as a Tool?
Forex Education, Forex Trading Blog, Technical AnalysisEven though I preach every trader to strive to become an independent trader, it’s a much easier thing to say than do. Everyone needs to start somewhere, right? Some start their Forex career blowing multiple accounts, entering a mentorship…
The Advantages and Disadvantages of Trading Forex as Opposed to Stocks
Forex Education, Forex Trading BlogMany newcomers to forex trading are either beginner traders or traders who are transitioning from traditional stocks trading to Forex trading. These individuals are always inquire about the advantages and disadvantages of trading Forex.
For…
Top 3 Most Important Aspects of Technical Analysis
Forex Education, Technical AnalysisIn today’s blog post I will be going over (briefly) the top 3 most important aspects of technical analysis. The topics covered today need to be mastered before you make an attempt to learn more advanced TA, or place a trade on a live account.…
Trading Psychology - Something That Isn’t Talked About Enough
Forex Education, Forex Trading BlogTrading psychology is so important, yet it's one of the least talked about aspects of forex trading. We feel it is one of the most important thing to master in any financial trading. You can master technical and fundamental analysis, but if…
The Top 3 Trading Patterns You Should Use
Forex Education, Forex Trading Blog, Technical AnalysisIf you have followed our TradingView, you would have realized by now that we like to keep our charts simple and only use a few tools from the technical analysis toolbox. One of our favorite tools is the use of patterns. Trading with patterns…
Technical and Fundamental Breakdown of the US Dollar
Forex Education, Forex Trading Analysis, Forex Trading Blog, Live Trading Room, Technical AnalysisI feel like I have touched base on many introductory concepts of trading Forex and believe it is only right to do our first analysis based post. What better way to do that then analyzing the world’s most powerful & important currency?…
Which Technical Indicator Should I Use When Trading Forex
Forex Education, Forex Trading Blog, Technical AnalysisThis has to be one of the most asked questions we get/see from novice traders. “Which indicator will help me become more profitable?” How about……. NONE. “Wait, what?”,” Are you serious? “Sort of, let me get into detail.
Oh…
Why You Should Use TradingView For Charting Analysis
Forex Education, Forex Trading BlogBecoming a profitable trader requires years and years of practice and commitment to analyzing price charts. So the types of charts you look at every day and charting software you use probably makes a big difference.
You'll need practice drawing…
How to Get Started Trading Forex
Forex Education, Forex Trading Analysis, Forex Trading Blog, Live Trading Room, Technical AnalysisSo, you want to be a day trader? Not just any day trader, but a Forex trader?
Well friend, you have made an excellent decision.
At Forex Lens, we'll show you how to get started trading forex. The Foreign Exchange Market (or the forex…
Support / Demand & Resistance / Supply Zones
Forex Education, Forex Trading BlogToday we’re going to cover one of the most important and often incorrectly practiced or taught concepts in technical analysis, the infamous support and resistance zones. Notice how I used the word zones instead of lines? I’ll get into why…
The US-China Trade War and What it Means for the FX Markets
Forex Trading Analysis, Forex Trading Blog, Live Trading Room, News, Technical AnalysisBy now, much of the world’s population has learnt about the ongoing trade fiasco between the United States of America and the Republic of China, but do traders understand it’s implications?
Timeline of Events:
Fight #1: China files a…
What Are The Safe Haven Currencies?
Forex Education, Forex Trading BlogSafe haven currencies are those that tend to remain in their current state or increase in value during times of market instability, making them ‘safe’ to hold & trade during these conditions. The top four safe haven currencies are as…
Technical Analysis, Fundamental Analysis or Both?
Forex Education, Forex Trading Blog, Technical AnalysisMany newcomers to Forex trading are often at crossroads in deciding how they will approach their trading analysis. Do they fool around with the various indicators? Or do they worry about the pending CPI release later in the evening?
The first…
How to use forex signals to profit in the financial markets
Forex Signals, Forex Trading BlogBeginner and experienced traders and investors are all after one thing in the world of capitalism: profit. Leveraging on technology and trading experience, most of these forex traders and investors have learned how to predict the market trend;…
Can You Make A Living In Forex Signal Copying?
Forex Trading BlogWouldn’t it be nice to earn an extra $500 to $1300 per month by copying the same trades from a professional trader?
Wouldn’t it be nice to take an extra family vacation or two this year? Or take your friends out to a fancy restaurant just because you can?
We all do. But most of you are happy enough to make back your monthly subscription fee. Is that hard to do? Definitely not. Do most clients make it back? Yes. But will you? Well that depends. If you have the discipline to follow strict risk management rules, I can almost guarantee you will be profitable in the long run.
Managed Accounts Newsletter Updates
Forex Trading BlogFrom ViperX to DragonFX to our brand new algo trading MAM accounts coming this summer, we have you covered. Join the managed accounts newsletter to get the updates each month on account performance and changes. From time to time our traders will go behind the scenes and show some of their secret trading strategies as well. You can unsubscribe anytime.
Potential Reversal for the US Dollar Index (DXY)
Forex Education, Forex Trading Blog, Live Trading RoomThe DXY (US Dollar Index) has been in an uptrend over the last few months, but when we come to the dates of June 22nd - July 7th, we find turning points in markets. The behaviour is for markets to correct and/or reverse trends during this time…
How is the Forex Lens MAM Account traded?
Forex Trading Blog, Live Trading RoomRecently, we had a client email us with a list of questions for Jon Morgan, and how the MAM Account is traded.
We forwarded the email to Jon and he replied to him. Then we thought hey - maybe many of you guys might have similar questions,…
Learning How To Trade Forex - A Tale of Two Students
Forex Trading BlogNot too long ago, two students wanted to learn how to trade forex and attended the same level of training offered by Forex Lens. Both students lived in Toronto - one from Yorkville Village and the other from nearby Bloor West.
They attended…
Most Common Reasons Why Traders Fail
Forex Trading BlogRealistically, there are more reasons than you could count.
Here are the top 5 Most Common Reasons why almost 95% of traders fail in forex trading:
Lack of Discipline (Especially With New Traders)
The lack of discipline and…
How to Use Oscillators to Enter a Trade in Forex Trading
Forex Education, Live Trading Roomhttps://www.youtube.com/watch?v=i4U9-1DDhkw
"I am a student of how the market moves and understanding it and being a part of it, it’s a labor of love. It's a passion. It's not a desire for money - that's just the benefit." - Jon…
What is a Parabolic Move in Forex Trading | Forex Lens | EURUSD Market Analysis
Forex Education, Forex Trading Blog, Live Trading Roomhttps://www.youtube.com/watch?v=1uzKxymlHjI&feature=youtu.be
In this video, Jon Morgan goes over what a parabolic move is in forex trading. A parabolic move in trading is when a market moves up exponentially, leading to an unsustainable…
How Jon Morgan Can Help You Become A Profitable Trader in the Forex Market
Live Trading Roomhttps://www.youtube.com/watch?v=vRNbb3CkV9A
Hello Forex Lens traders.
My name is Jon Morgan, I'm one of the educators and I do live trading. This video is a little bit of an expansion or maybe a duplicate of information I went over in…
How To Trade Forex & Cryptocurrency Profitably with Forex Lens - Live Trading Room
Live Trading RoomHi, everyone my name is John Morgan I'm a full time Futures, Forex and Crypto Currency Trader and I'm one of the educators here at Forex Lens. If you're watching this video it means that you're probably a little interested in forex and Bitcoin…
Live Session Jan 2, 2018 - Forex Lens Trading Room Launched
Complimentary Live Sessionhttps://www.youtube.com/watch?time_continue=580&v=jsmXMNubsKY
Happy New Year Everyone!
The Forex Lens Family is wishing you all a prosperous new year full of happiness, joy, and profits! And a reminder, there are far better…
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