Posts

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

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

, ,
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

, ,
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

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

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

, ,
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

, ,
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

, ,
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…
Gold and Ethereum Longs as Dollar Pullsback from 93.170

Gold and Ethereum Longs as Dollar Pullsback from 93.170

, ,
Gold and Ethereum prices are set to push higher as the Dollar pullback after attaining July's high. Price action traders will be looking to enter long after observing today's daily closure. Gold had a rough start to the trading week as bears…
Dollar Bulls Continue to 93.170 + GBPUSD Shorts Activated

Dollar Bulls Continue to 93.170 + GBPUSD Shorts Activated

, ,
Bulls continue to dominate bears as the Dollar sets out to reach July's high. With bearish price action seen on GBPUSD, traders are entering short for GBPUSD. The US Dollar Index (DXY) has continued building on the momentum gained on last…
AUDUSD Shorts in Profit as Dollar Bulls Eye March High

AUDUSD Shorts in Profit as Dollar Bulls Eye March High

, ,
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…
DXY Bulls Reach 92.300 + EURUSD Shorts Activated for NFP

DXY Bulls Reach 92.300 + EURUSD Shorts Activated for NFP

, ,
After ending off July on a bearish note, Dollar pulls have answered with a pullback to 92.300. Meanwhile, traders have entered EURUSD shorts as we approach tomorrow's NFP job report. The US Dollar Index had a rough time last week of July…