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Dollar Bulls Surge to 94.500 Resistance + AUDUSD Shorts to Range Low

Dollar Bulls Surge to 94.500 Resistance + AUDUSD Shorts to Range Low

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After 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…
DXY Pushes Higher on Positive Sales Data + Pending Shorts for AUDUSD

DXY Pushes Higher on Positive Sales Data + Pending Shorts for AUDUSD

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Dollar 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…
Dollar to Visit 92.500, AUDUSD Looks to Complete a Range Fill

Dollar to Visit 92.500, AUDUSD Looks to Complete a Range Fill

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The 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.…
AUDJPY Trade in +100 Pips of Profit, Dollar Creates New Yearly High

AUDJPY Trade in +100 Pips of Profit, Dollar Creates New Yearly High

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Price 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

Dollar Struggles at July's High + NZDUSD Looks to Break Key Support

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After 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

Dollar Rallies After Poor Sales Data, AUDJPY Swing Shorts Have Been Activated

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Despite 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,…
AUDUSD Shorts in Profit as Dollar Bulls Eye March High

AUDUSD Shorts in Profit as Dollar Bulls Eye March High

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Price 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…
AUDUSD Continues to Fall as NZDUSD Shorts Gear for Entry

AUDUSD Continues to Fall as NZDUSD Shorts Gear for Entry

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As 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

+100 Pips from AUDUSD and AUDJPY Shorts are Pending

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Price 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…
Dollar Facing Pressure From Bears + AUDUSD Swing Shorts

Dollar Facing Pressure From Bears + AUDUSD Swing Shorts

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Dollar 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…