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Major Longs For Next with Weaker Dollar Expected

Major Longs For Next with Weaker Dollar Expected

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After a few days of bouncing between 90.850 and 91.400, the US Dollar Index is set to head lower next week. As a result, traders should focus on longs for the major currency pairs. To start the week, the Dollar made a deliberate push below…
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…
GBPUSD and Gold Longs for Next Week

GBPUSD and Gold Longs for Next Week

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The Dollar's demise had provided a great trading week in both the Forex and Crypto markets. With further downside expected for the Dollar, one can expect this week's trends to continue next week. The US Dollar Index (DXY) is almost at 91.400…
Ethereum Trade in Profit + Dollar Sells Continue

Ethereum Trade in Profit + Dollar Sells Continue

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The US Dollar Index (DXY) continues to get bullied by bears as price approaches 91.400. In the meantime, Ethereum creates new highs while returning profits for price action traders. Yesterday's daily closure for the DXY was a significant…
Bearish Dollar + EURUSD and GBPUSD Longs

Bearish Dollar + EURUSD and GBPUSD Longs

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The Dollar is most likely to continue its bearish trend this week as the price rests on the key 92.00 psychological level. With that in mind, traders can expect the Euro and Pound to rebound higher for the time being. After a bullish March,…
Dollar Bears are Back and Majors Set to Rise!

Dollar Bears are Back and Majors Set to Rise!

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After having a strong performance in March, the US Dollar Index (DXY) has found itself in a steep downtrend. Further weakness is expected and thus, the majors should move higher. Last week, the DXY was able to reach a new high for the year…
Dollar Retraces and Forex Majors Rise Once Again

Dollar Retraces and Forex Majors Rise Once Again

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After a bullish start to the week, the US Dollar Index (DXY) has found itself down -0.38% for the day. The daily closed as a shooting star, which may hint at further upside moves for the majors. The high of the week for the DXY was just short…
EURUSD & USDCHF Analysis with a Bullish Dollar

EURUSD & USDCHF Analysis with a Bullish Dollar

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Another trading week, and another day that the Dollar has pushed higher. With that in mind, majors such as EURUSD and USDCHF should continue their current trends. Last week the US Dollar Index (DXY) was able to close above one of the highs…
Dollar Ready for Next Push + Oil Longs

Dollar Ready for Next Push + Oil Longs

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The US Dollar Index (DXY) ended the week by dropping lower to create a new higher low. Further upside should be seen next week. In addition, Crude Oil is ready to move higher. It was a productive week for the Dollar as the price was able…