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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…
US Oil Ready to Push Higher as Dollar Stagnates

US Oil Ready to Push Higher as Dollar Stagnates

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Another day in the markets and another day the US Dollar Index is stuck in a range. While the Dollar decides on a direction, US Oil (Crude) is set to make a run at the high of the year. There are days and even weeks at a time where the Dollar…
DXY Stuck Below 91.400 + Doge and Ethereum to New Highs

DXY Stuck Below 91.400 + Doge and Ethereum to New Highs

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The Dollar is stuck in a range between 90.850 and 91.400 and the price has attempted several times to push higher but has not been successful. Meanwhile, many of the popular cryptos are extending to new all-time highs. After retesting 91.400…
DXY Bulls Take Charge + Major Shorts for Next Week?

DXY Bulls Take Charge + Major Shorts for Next Week?

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After starting the week off on a bearish note, the US Dollar Index is up 0.72% for the day with more upside on the way. This should provide short opportunities for the Forex majors next week. Typically huge movements in the Dollar are seen…
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…
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,…
DXY Creates New Low, Majors Rise?

DXY Creates New Low, Majors Rise?

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After ending last week with three consecutive selling days, the Dollar has opened up this week with a bullish response. It's tough to say if this is here to stay, or if more downside is on the way. After opening bullish last week, the Dollar…
USDJPY Shorts + US Oil Swing Long

USDJPY Shorts + US Oil Swing Long

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The US Dollar Index (DXY) failed to make a rally to 91.00 and instead is showing signs of bearishness. Traders should look for potential USDJPY shorts and US Oil longs to take advantage of the current situation. Price action traders have…