Posts

Dollar Set to Reject 94.125 + Ethereum Longs to $4,000

Dollar Set to Reject 94.125 + Ethereum Longs to $4,000

, ,
After 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…
Dollar Faces Bearish Pressure + Crude Oil Swing Trade

Dollar Faces Bearish Pressure + Crude Oil Swing Trade

, ,
The 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

Dollar Bears Push Price Back to 94.125 + Bitcoin En Route to $50,000

, ,
After 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…
Pending Swing Trade for US Oil + US Dollar Neutral as Bulls and Bears Fight

Pending Swing Trade for US Oil + US Dollar Neutral as Bulls and Bears Fight

, ,
Crude 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

, ,
Price 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

Dollar Surges as Fed Hints at Further Rate Hikes Until 2024

, ,
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…
+230 Pips from Oil Longs + Bitcoin Bulls Set to Rally to $50,000

+230 Pips from Oil Longs + Bitcoin Bulls Set to Rally to $50,000

, ,
Price 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

Dollar Bulls Respond at 92.500 + EURUSD Intraday Shorts Entered

, ,
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…
USDCHF Intraday Profits + AUDJPY Shorts Entered

USDCHF Intraday Profits + AUDJPY Shorts Entered

, ,
Traders 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

Dollar Index Rejects Zone Near 92.750 + Intraday Shorts for USDCHF

, ,
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…