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US Dollar Headed Lower + AUDUSD Surges in Profit

US Dollar Headed Lower + AUDUSD Surges in Profit

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The last official trading day of 2020 is in the books. The markets were still fairly active on the last day as the US Dollar Index (DXY) continues its selloff. As predicated by price action and smart money analysis, the DXY is set to continue…
DXY Bullish for Now + AUDUSD Ready to Launch

DXY Bullish for Now + AUDUSD Ready to Launch

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Since yesterday, the US Dollar Index has found itself below 90.00 for the first time since mid-December. Despite this move, intraday bullishness for the Dollar is expected. Candlestick analysis indicates a potential rebound from 89.88 as…
Knowing When to Exit a Trade + Profit Recap

Knowing When to Exit a Trade + Profit Recap

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The last full trading week of 2020 is finally in the books. Many traders were able to secure a good deal amount of profit all thanks to the rapid depreciation in the Dollar. Trade setups for EURUSD and AUDUSD seemed to be the most popular among…
DXY Going Lower + EURUSD Breakout Almost Ready

DXY Going Lower + EURUSD Breakout Almost Ready

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This morning the US Dollar Index (DXY) has dropped to this week's low of 90.50. The DXY is set to head down lower to the low created last week at 90.42. As a result, pairs such as EURUSD and AUDUSD are ready to breakout. Price action analysis…
AUDUSD and CADJPY Long Trade Ideas

AUDUSD and CADJPY Long Trade Ideas

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In today's live trading session, we went over trade ideas for AUDUSD and CADJPY. As the US Dollar Index (DXY) continues to range between 90.75 and 91.00, many of the majors have also begun to range. One major has separated itself from the…
EURUSD, AUDUSD and NZDUSD Long Trade Ideas

EURUSD, AUDUSD and NZDUSD Long Trade Ideas

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In today's live trading session, we went over swing trades for EURUSD, AUDUSD, and NZDUSD. Last Friday, we discussed the double bottom that was created by the US Dollar Index (DXY). We predicted a small rally to 91.000, at which point price…
Gold Short Ready to Enter + DXY to 91

Gold Short Ready to Enter + DXY to 91

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In today's live trading session, we went over our pending Gold trade and where the US Dollar Index (DXY) is headed. Last week, Gold made its move down to 1790. Gold is under pressure with several successful vaccine trials. This morning Moderna…
Weekly Trade Recap + AUDNZD Swing Trade for Next Week!

Weekly Trade Recap + AUDNZD Swing Trade for Next Week!

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In today's live trading session, we went over the trades we took this week and the AUDNZD swing trade we have planned for next week. This week we focused on EURUSD, AUDUSD, NZDCAD, EURNZD, and CADJPY. We were able to enter EURNZD, NZDCAD,…
Man checking his mobile phone while on his snowboard he is receiving trade alerts from the Forex Lens Portal

EURNZD Swing Trade Idea For Next Week!

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In today's live trading session, we went over how our trading week went, and then we found a trade idea for EURNZD. This week was fairly slow for us but we were still able to make some profit. Our first trade was a short for USDJPY. This…
USDJPY and AUDJPY Profits + NZDUSD Swing Short?

USDJPY and AUDJPY Profits + NZDUSD Swing Short?

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In today's live trading session, we went over the current status of our USDJPY and AUDJPY trade ideas. We then gave an update on our NZDUSD swing trade. After hitting our first take profit, USDJPY came back and stopped our remaining position…