In today’s live trading session, we went over several pairs to determine which trade setups we will take this week. We first analyzed the US Dollar Index (DXY) and then moved on to the major and minor currency pairs. The DXY had a bullish reaction to last Friday’s NFP results, as it has made its […]
In today’s live trading session, we went over the Non-Farm Payroll employment data and then determined trade setups to take next week. As predicted, the NFP results came out far greater than expected. The US economy was able to drop the unemployment rate to 10.2% versus a forecast of 10.5%. This was done by the […]
In today’s live trading session, we completed technical and fundamental analysis for the US Dollar to predict tomorrow’s Non-Farm Payroll (NFP) result and reaction. Many traders and investors alike are waiting for tomorrow’s NFP report released by the United States. The current forecasts have unemployment dropping to 10.5% and the US economy adding 1.55 million […]
In today’s live trading session, we went over the ADP employment numbers and which setups we could take for the rest of the week. This morning the US economy printed a lackluster result of adding 160,000 jobs versus the forecast of 1.20 million. This result led to immediate weakness in the US Dollar and the […]
In today’s live trading session, we went over our predictions for the Non-farm Payroll (NFP) release and what setups we could take this week. A new month translates to a new NFP report for the US Economy. This month’s forecast indicates a slight improvement, with the unemployment rate dipping from 11.1% to 10.5%. Forecasts also […]
In today’s live trading session, we went over the trades we took this week to notch +315 pips. We then did an analysis of trades to take next week. We concluded last week on a good note as we indicated to our members that the markets were trending again. Not to say there isn’t still […]
In today’s live trading session, we went over how the Forex markets looked after yesterday’s FOMC rate decision. We then identified a handful of trades we could take before the week comes to a close. Yesterday the Federal Reserve revealed that they had no plans of changing rates or their outlook on Covid-19. Jerome Powell […]
In today’s live trading session, we mainly focused on the FOMC rate decision that is occurring later today. We then concluded the session by going over possible trade setups. Today, the Federal Reserve will announce key aspects of its monetary policy moving forward. They will first release their plans for the interest rate which sits […]
In today’s live trading session, we went over the current status of our EURUSD trade and what we expect next for the US Dollar Index (DXY). During yesterday’s live session, we went over EURUSD and determined the pair still had a sizable amount of upside potential. We have taken a swing-trade approach to this trade […]
In today’s live trading session, we went over the continuing US Dollar weakness and setups we can trade to take advantage of the depreciating currency. The US Dollar Index continues to tumble as buyers pile on with their longs for the majors. The US Dollar Index has fallen below 94.00 and is well on its […]