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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…
Dollar Fails to Clear 92.750 + USDCHF Shorts to 0.90000

Dollar Fails to Clear 92.750 + USDCHF Shorts to 0.90000

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After a bullish rally to 92.750, Dollar bulls just didn't have enough to clear this level. Instead, the Dollar is being pushed back down to 92.000 which opens up possible USDCHF shorts. Yesterday's daily closure for the US Dollar Index (DXY)…
Dollar Facing Pressure From Bears + AUDUSD Swing Shorts

Dollar Facing Pressure From Bears + AUDUSD Swing Shorts

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Dollar bulls are facing a tough task to fend off bears as they push the US Dollar Index (DXY) lower. Meanwhile, traders are setting up to take swing shorts for AUDUSD. After creating a new high for the quarter, the Dollar saw immense pressure…
NZDUSD Hits Final Target + Dollar Resumes Path to 93.430

NZDUSD Hits Final Target + Dollar Resumes Path to 93.430

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Price action traders are enjoying their longs for NZDUSD as the price has hit all respective targets. More moves are on the way in the market as the Dollar is ready to push to 93.430. Last Friday, price action traders witnessed a bullish…
Forex Major Longs as Dollar Looks to Revisit 92.00

Forex Major Longs as Dollar Looks to Revisit 92.00

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Traders could look to go long for the Forex majors this week as the Dollar fails to push higher to 93.00. This may be attributed to last week's bearish Non-Farm Payroll (NFP) release. Last week's NFP release had a bearish reaction on the…
USDJPY Swing Longs as Dollar Bulls Surge Price Higher

USDJPY Swing Longs as Dollar Bulls Surge Price Higher

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Traders can look for USDJPY to push a considerable amount higher as the US Dollar Index (DXY) get's ready to take out this year's high. After spending a few days in a range, the US Dollar is ready for its next leg up. Today the DXY was able…
Dollar Uptrend Back in Play +Gold Shorts To Resume

Dollar Uptrend Back in Play +Gold Shorts To Resume

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The Dollar has spent the last few days struggling to move, but it is ready to make its next move higher. Gold bears are also looking to pile on and take the precious metal lower. After dropping to create a new quarterly low, the US Dollar…
Dollar Stuck in a Range, Gold Priming for Next Push Lower

Dollar Stuck in a Range, Gold Priming for Next Push Lower

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After an exhilarating few days of price action, the US Dollar Index (DXY) is back to consolidating. In the meantime, Gold (XAUUSD) is priming for another move lower to last week's low of 1763. Last week ended with a bang as the Dollar came…
USDCAD Shorts As Dollar Bears Gain Momentum

USDCAD Shorts As Dollar Bears Gain Momentum

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After last week's rally by the bulls, bears are having one of their own for the Dollar. With that in mind, traders could see USDCAD head lower on an intraday level. Yesterday bears were able to take the US Dollar Index (DXY) back to last…
US DOLLAR SLIPS LOWER + CRYPTOS FACE PRESSURE FROM BEARS

US Dollar Slips Lower + Cryptos Face Pressure From Bears

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After a dominant showing last week, the US Dollar Index (DXY) opens up the week with serious pressure applied by the bears. On the other hand, crypto markets continue to see major shorts as cryptos go on to make new lows. After a slow start…