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Dollar Fails to Clear 92.750 + USDCHF Shorts to 0.90000

Dollar Fails to Clear 92.750 + USDCHF Shorts to 0.90000

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After 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

US Dollar to 92.750 with USDJPY Looking to Push Higher

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The 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

USDCAD Looks to Head Lower and US Oil Targets Yearly High

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The 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

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…
US Oil Eyes 70.00 Per Barrel + USDCAD Long Trade Setup

US Oil Eyes 70.00 Per Barrel + USDCAD Long Trade Setup

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Crude 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

NZDUSD Hits Final Target + Dollar Resumes Path to 93.430

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Price 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 Major Longs as Dollar Looks to Revisit 92.00

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Traders 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…
USDJPY Swing Longs as Dollar Bulls Surge Price Higher

USDJPY Swing Longs as Dollar Bulls Surge Price Higher

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Traders 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

CADCHF Trade in Profit + Gold Reaches 1750

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After 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

Dollar Uptrend Back in Play +Gold Shorts To Resume

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The 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…