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

DXY Bulls Reach 92.300 + EURUSD Shorts Activated for NFP

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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…

US Oil +150 Pips in Profit, USDCAD Shorts Next!

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After yesterday's FOMC presser, market participants are looking to short the Dollar. As a result, US Oil is pushing higher into profit and USDCAD shorts are expected. Powell stated that although the economy is on track to meet its inflation…
Majors Await FOMC Presser + NZDUSD Shorts Commence

Majors Await FOMC Presser + NZDUSD Shorts Commence

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The Forex majors have spent much of the day awaiting the FOMC meeting minutes for more insight on the Dollar's trajectory. Meanwhile, shorts for NZDUSD are starting to play out as price revisits support at 0.69200. Today's FOMC conference…
Dollar Bulls Try to Push Higher + US Oil Long Trade Setup

Dollar Bulls Try to Push Higher + US Oil Long Trade Setup

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After bears took the Dollar past below 92.750, bulls in the market are trying to respond. Meanwhile, US Oil (Crude) prices look to rebound higher back to the yearly high. The Dollar suffered immense bearish pressure during the London session…
Dollar Looks to find Support at 92.750 + BTCUSD Intraday Shorts to 30,000

Dollar Looks to find Support at 92.750 + BTCUSD Intraday Shorts to 30,000

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The Dollar is facing heavy pressure from bears after creating a new high for the week. Meanwhile, Bitcoin has made an impulse move higher that may provide traders with shorts back down to 30,000. After creating a new high near 93.200, the…