Posts

EURUSD & NZDUSD Shorts + Bullish Dollar

EURUSD & NZDUSD Shorts + Bullish Dollar

, ,
As the US Dollar Index (DXY) continues to climb, many of the majors such as EURUSD and NZDUSD continue to fall. Both pairs are providing great setups to the downside. The Dollar seems to be creating a new high every day of this week. This…
DXY Back to Bearish Ways + NZDCAD Shorts?

DXY Back to Bearish Ways + NZDCAD Shorts?

, ,
After giving bulls some hope to end last week, the Dollar is back on its way lower. As the DXY figures its self out, traders may look at trading the minors for the time being. Despite hanging around 91.950 and numerous attempts to close bullish…
Live Forex Trading Room DXY Bulls Back At The Table Plus BTC Longs

DXY Bulls Back on Table + BTC Longs!

, ,
After a bearish week last week and starting this week on the same note, US Dollar bulls are showing some fight. Bitcoin is also set to push higher after creating the latest higher low. Despite Powell's harsh comments about the US economy,…
BTC to 60,000 and Oil Longs Pending

BTC to 60,000 and Oil Longs Pending

, ,
As the Dollar tries a last-minute surge to the upside, many of the cryptos and commodities are extending their gains. Bitcoin to 60,000 looks fairly likely and Crude Oil longs are almost ready to go. Earlier during the New York session, the…
DXY Retraces, More Upside Expected

DXY Retraces, More Upside Expected

, ,
After a surge to open up the trading week, the US Dollar Index has retraced considerably. Currently, price is resting at 90.900 with price action suggesting another push to the upside. As far as technical analysis is concerned, the US Dollar…

Predictions for NFP + GBPUSD Swing Long

, ,
This morning was the release of the ADP job numbers for the US economy. The result was the addition of 117,000 jobs versus the forecast of 203,000. This result led to only a small dip in the Dollar. Current forecasts for this Friday's NFP…
Directory: Sign up for a Free Membership. Login to watch full recorded webinars in our Forex Trading Room. Chat with our traders in the Community Discord Server. Read yesterday’s breakdown: GBPUSD and NZDJPY Swing Longs Active For Next Week!

GBPUSD Hits Target + EURUSD Range Breakout

, ,
The US Dollar Index (DXY) has started to consolidate after reaching the 90.000 psychological level. The long-term trend is still down, so we expect further downside this week. Price action traders entered GBPUSD longs last Friday and are…
GBPUSD in Profits + NZDJPY is Next!

GBPUSD in Profits + NZDJPY is Next!

, ,
As forecasted, the US Dollar Index has headed lower after clearing this week's low. Traders can expect further weakness for the Dollar throughout this week. The signs of the Dollar's demise were present last Friday. In addition to the bullish…
US Oil Hits $62 Per Barrel + GBPUSD Longs

US Oil Hits $62 Per Barrel + GBPUSD Longs

, ,
After briefly pushing above 91.00, the Dollar has found itself on the way back down to 90.50. As a result, many of the majors should resume their gains against the Dollar. Price action traders entered a swing long position for US Oil on February…
USDJPY Intraday Short + US Oil in Deep Profits

USDJPY Intraday Short + US Oil in Deep Profits

, ,
As expected, the US Dollar Index has found itself below 91.000. If the daily can close below this level, traders may see further Dollar weakness. After last Friday's bullish NFP results, the Dollar has continued its selloff. Price made a…