Price action traders are up +230 pips of profit for crude oil as price begins a new rally after a period of consolidation. Meanwhile, Bitcoin has begun a bullish rally as price charges to $50,000. The yearly high for crude oil is at $77 per barrel. This was the target for traders once price broke […]
After a poor CPI report, Dollar bulls seem unfazed as they look to drive prices higher. As a result, EURUSD looks to head lower after creating a new lower high. Today’s CPI report came out worse than forecasted as the result was 0.3% versus the forecast of 0.4%. Traders saw the Dollar drop momentarily to […]
After ending last week on a bullish note, the Dollar is once again at 92.500. Meanwhile, Bitcoin is under severe pressure as bears look to push below $44,000. The US Dollar Index printed a hammer on the daily timeframe for Friday. However, over the weekend price turned lower after rejecting a key zone near 92.750. […]
Traders who took intraday shorts for USDCHF yesterday are in profit as the price looks to revisit the range low. To finish off the week, traders are now looking to short AUDJPY. Price action analysis completed on USDCHF indicated that price is most likely to revisit the range low. Bulls failed to clear the range […]
As predicted by price action, the Dollar made a quick rally to 92.750. However, the price is looking to reject this zone and head lower. Traders are now seeking intraday shorts for USDCHF. Dollar bulls made a statement yesterday as bulls were able to take the price back to a key zone near 92.750. A […]
After a bullish weekend, Bitcoin dropped as low as 17% today in light of the news from El Salvador. Meanwhile, Dollar bulls look to push price back to 92.750. El Salvador has just become the first country to be the legal tender of Bitcoin. Most analysts believe such news would lead to a surge in […]
After a down summer, Bitcoin is looking to end summer on a bullish note. Meanwhile, a day before the NFP release, the Dollar is looking bearish despite positive forecasts. Bitcoin has started September on a positive foot as the price looks to breach August’s high. Most of the losses faced by Bitcoin occurred during the […]
After brief bullishness yesterday, the US Dollar is headed lower after a poor ADP job report. As a result, traders can look for potential longs for GBPUSD. Today’s ADP job released reported only 374,000 jobs added versus the forecast of 640,000 jobs. This is close to only half of what was expected and the immediate […]
Our traders are enjoying their profits from Ethereum as the trade is up +150 pips of profit. Meanwhile, the US Dollar Index (DXY) is showcasing mixed price action at the key level of 92.500. Approximately two weeks ago, price action traders entered long for Ethereum. This trade was taken shortly after the price closed bullish […]
The Dollar is expected to continue its bearish sentiment from last week as the Thprice eyes 92.500. Meanwhile, similar to NZDUSD, AUDUSD is looking to fill out its range. The US Dollar Index (DXY) spent 80% of last week under pressure bearish. Friday’s candle was also a bearish engulfing candle which also hints at lower […]