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Dollar Dives on Poor ADP Report + Pending Long for GBPUSD

Dollar Dives on Poor ADP Report + Pending Long for GBPUSD

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After 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

+150 Pips from Ethereum Long + Dollar Neutral at 92.500

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Our 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

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.…
USDCAD Longs as Dollar Bulls Attempt a Rally at 92.850

USDCAD Longs as Dollar Bulls Attempt a Rally at 92.850

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Price 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

GBPUSD and NZDUSD Longs as the Dollar Plans to Revisit 92.850

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After 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…
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,…
Gold Trade up +120 Pips of Profit as Dollar Continues to Appear Bearish

Gold Trade up +120 Pips of Profit as Dollar Continues to Appear Bearish

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Gold 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

Gold Longs Activated as US Dollar Turns Abruptly Bearish

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Gold 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…