A Wave of BTC Bears Expected + GBPCAD Profits Locked In
Forex Trading Analysis, Live Trading Room, Technical AnalysisUS Unemployment claims came in under forecast, affirming another piece of the equation for Dollar bulls. Smart Money is anticipating a very bearish outlook for crypto - it could be a cash position moment, or best to stay out of buys until things…
Higher Timeframe Checkups + MATIC & GBPUSD Trades In Profit
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe top Crypto executives testified to the US House Financial Services Committee, and warned that imposing strict regulations too fast in the United States could deter innovation, which would move outside the US, leaving us behind. They suggested…
DXY Target Like a Magnet + BTC Short Term Longs
Forex Trading Analysis, Live Trading Room, Technical AnalysisWe were given the go ahead by price action on our DXY targets today. This puts us in a very nice position to treat the target like a magnet also as US Economic Optimism bounced back up since the initial Covid era lows.
The Dollar Index pushed…
DXY Remains in Control + Crypto Targets Hit
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe Dollar is holding it reign, as over $2.5 billion in crypto liquidated ahead of executive testimony from eight major crypto currency firms on December 8th. This was a first of its kind before the US House Financial Services Committee.
We…
Gold & Crypto to Drop + DXY Remains Bullish
Forex Trading Analysis, Live Trading Room, Technical AnalysisSurprise NFP data reporting was less than expected for US Employment Change, most notably was that the jobless rate data came in less than forecast at 4.2 to help balance things out. Despite this, we are sticking with our price narrative that…
All Eyes on DXY ahead of NFP + Majors, GOLD & OIL targets hit.
Forex Trading Analysis, Live Trading Room, Technical AnalysisAll eyes are on DXY. Unemployment claims come in below expected, and a robust recovery is on track. We remain reserved on a higher DXY ahead of tomorrows NFP report. For this reason, much of our analysis for DXY, EURUSD, GBPUSD, AUDUSD, and…
Smart Money Ready for More BTC Bears + Oil Expected to Keep Going Down
Forex Trading Analysis, Live Trading Room, Technical AnalysisADP NFP came in above as expected, and we should see similar (if not a larger) deviation from forecast on Fridays NFP, which correlates to a move that Smart Money is watching on a bullish DXY. We have been using these pullbacks to find better…
Dollar Bulls Target 97, Majors React + ETH Trade Profits
Forex Trading Analysis, Live Trading Room, Technical AnalysisOmicron is a risk and not currently considered in current forecasts, as it could pose a threat to current job growth. Regarding inflation, Powell says, “overall inflation is running well above our 2 percent longer-run goal” and that the…
Smart Money Crypto looking to Drop + Dollar safe haven is activated
Forex Trading Analysis, Live Trading Room, Technical AnalysisDollar safe haven is activated.
We remain bullish as DXY price only retraced back to the 95.800 zone as was expected, we aim for continuation to 97.813.
EURUSD is rejecting from Nov 20th bearish order block, so we expect price to keep sliding…
All Take Profits Achieved on USOIL & EURAUD + Safe Haven Positions On New Virus Variant
Forex Trading Analysis, Live Trading Room, Technical AnalysisWTIUSD fulfilled the weeks trade idea, and closed all three take profits. For those of you who were able to get in, congratulations on a 449 pip move. EURAUD also saw a major move this morning and we were able to close off the last take profit,…