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Ethereum Moments Away from $4,700 + Dollar in Heavy Consolidation

Ethereum Moments Away from $4,700 + Dollar in Heavy Consolidation

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Ethereum 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…
EURNZD Shorts to 1,58600 + Bitcoin Set to Clear All Time High

EURNZD Shorts to 1.58600 + Bitcoin Set to Clear All Time High

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Price 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 Clears Yearly High + CADCHF Swing Trade Entered

Dollar Clears Yearly High + CADCHF Swing Trade Entered

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Over 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…
Dollar Continues to Face Bearish Pressure + Oil Swing Longs as Demand Increases

Dollar Continues to Face Bearish Pressure + Oil Swing Longs as Demand Increases

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The 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 Bulls on Path to 94.750 + GBPUSD Swing Trades Entered

Dollar Bulls on Path to 94.750 + GBPUSD Swing Trades Entered

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The 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 Surges as Fed Hints at Further Rate Hikes Until 2024

Dollar Surges as Fed Hints at Further Rate Hikes Until 2024

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This 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…
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 Bulls Respond at 92.500 + EURUSD Intraday Shorts Entered

Dollar Bulls Respond at 92.500 + EURUSD Intraday Shorts Entered

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After 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 Index Rejects Zone Near 92.750 + Intraday Shorts for USDCHF

Dollar Index Rejects Zone Near 92.750 + Intraday Shorts for USDCHF

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As 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

Bitcoin Plunges on El Salvador Adoption + Dollar En Route to 92.750

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After 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.…