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US Oil Up +120 Pips and Dollar Pushes Back Against Bears

US Oil Up +120 Pips and Dollar Pushes Back Against Bears

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Price action traders are enjoying profits from US Oil as the price continues to make new highs for the year. The US Dollar Index (DXY) is back at this week's high as it attempts a bullish reversal. This week's weekly candle will close as…
This is the real secret of life - to be completely engaged with what you are doing in the here and now. And instead of calling it work, realize it is play.

Crude Oil Trade in Profit + Gold Longs Delayed Until Next Week

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Despite bullish ADP and Non-Farm Payroll numbers, the Dollar has it's being pressured by bears once again to close the week. Oil longs are in profit and Gold is looking to give traders entry next week. For much of the week, price action traders…
Dollar Surges on ADP Job Report + Oil Longs Pending Entry

Dollar Surges on ADP Job Report + Oil Longs Pending Entry

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The US Dollar Index (DXY) is up 0.65% for the day as the ADP job numbers came out better than expected. Despite this, Crude (Oil) is gearing up for an entry long. This morning ADP job numbers came out at 978,000 versus the forecast of 645,000.…
DXY Resumes Push Lower + Gold Eyes 1911 for Longs

DXY Resumes Push Lower + Gold Eyes 1911 for Longs

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After a quick surge to start last Friday, the US Dollar Index is back below 90.00 and hopefully looking to push lower. As a result, Gold (XAUUSD) is setting up its next leg higher. The month of May was not too kind to traders as the Dollar…
EURUSD Longs and USDCHF Shorts as Dollar Continues Push Lower

EURUSD Longs and USDCHF Shorts as Dollar Continues Push Lower

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The Dollar starts this week off by closing bearish below 90.00 for the fourth time this month. This move has poised EURUSD to push higher and USDCHF to head lower. With continued pressure from the bears, the US Dollar Index has once again…
Gold Trade in Profit After Lackluster NFP Job Numbers

Gold Trade in Profit After Lackluster NFP Job Numbers

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Today's Non-Farm Payroll (NFP) job numbers were certainly worse than anticipated and the US Dollar Index (DXY) has shown that on the charts. With technical and fundamental pressure from bears, we expect a weaker Dollar in the coming weeks and…
EURUSD Longs Back on Table + DXY Set to Fall Again

EURUSD Longs Back on Table + DXY Set to Fall Again

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After an eventful week in Forex markets last week, this week seems to be just as promising. The Dollar is looking to head lower and several key fundamental events throughout the week should provide volatility and price movement. The US Dollar…
Dollar Retraces + Gold Longs Pending

Dollar Retraces + Gold Longs Pending

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The US Dollar Index (DXY) is expected to revisit 91.400 after the price had easily broken this level earlier in the week. While that move pans out, Gold (XAUUSD) is setting up for a potential long. This week marks the third straight week…
+150 Pips from GBPUSD + USDJPY Shorts

+150 Pips from GBPUSD + USDJPY Shorts

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Over the weekend, the US Dollar Index (DXY) was able to close bearish below 91.400. With this move, we should expect further Dollar weakness and for USDJPY to push lower. As a result of the weaker Dollar, GBPUSD buys from last week have extended…
Ethereum Hits Target + AUDUSD Longs in Profit

Ethereum Hits Target + AUDUSD Longs in Profit

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Today marks the fourth consecutive day this week where cryptos such as Ethereum continue to push against the US Dollar. With the Dollar set to go lower, majors such as AUDUSD are also pushing into profit. Earlier this week, price action analysis…