Bullish Dollar on Positive CPI Data + Majors Set to Slump in Coming Weeks

Bullish Dollar on Positive CPI Data + Majors Set to Slump in Coming Weeks

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The Dollar uptrend is back in play as bullish CPI data fuels a new rally higher. As a result, traders can expect many of the majors to slip in the coming weeks. This morning's bullish CPI came out at 0.9% versus the forecast of 0.6%. This…
USDJPY Shorts Activated After Rejecting 114.200 + BTCUSD Sets New High

USDJPY Shorts Activated After Rejecting 114.200 + BTCUSD Sets New High

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Traders are shorting USDJPY after the price rejects key resistance at 114.200. On the contrary, Bitcoin bulls are marching on as price creates a new all-time high. Bears have taken control of USDJPY as price rejects a key monthly resistance…
Forex Lens Youtube Bitcoin En Route to 70000 plus Ethereum Trade in Deep Profits

Bitcoin En Route to $70,000 + Ethereum Trade in Deep Profits

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Bitcoin bulls are gaining momentum again as the price comes inches away from the all-time high. Ethereum bulls have pushed past this year's high and have officially created a new all-time high. After spending the last three weeks in consolidation,…
Dollar Bulls Surge to 94.500 Resistance + AUDUSD Shorts to Range Low

Dollar Bulls Surge to 94.500 Resistance + AUDUSD Shorts to Range Low

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After consolidating for most of the week, the Dollar had enough bullish presence to make a run at 94.500. As a result, traders are seeking short for AUDUSD as the price presents bearish cues. During the London session, Dollar bulls were able…
Ethereum Moments Away from $4,700 + Dollar in Heavy Consolidation

Ethereum Moments Away from $4,700 + Dollar in Heavy Consolidation

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Ethereum bulls are picking up steam as the price is moments away from creating a new high at $4,700. Meanwhile, traders continue to observe a prolonged period of consolidation in the Dollar. Yesterday, price action traders saw an optimal…
Ethereum En Route to $5,000 + US Oil Gears for Next Leg Higher

Ethereum En Route to $5,000 + US Oil Gears for Next Leg Higher

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As the Forex market continues to labor behind the Dollar, the crypto markets are thriving as Ethereum surges past $4,400. After a slow down in price action, US Oil is finally looking to extend higher again. Ethereum has finally breached above…
US Dollar Rejects 94.200 + USDJPY Intraday Shorts Entered

US Dollar Rejects 94.200 + USDJPY Intraday Shorts Entered

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The Dollar ended the previous trading week by surging up to 94.200, however, bears are pushing back lower. As a result, traders are seeking intraday shorts for USDJPY. The recent price action for the Dollar has been far from ideal as the…
Dollar Slumps on Poor GDP Data + EURUSD Longs Entered

Dollar Slumps on Poor GDP Data + EURUSD Longs Entered

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After a week of consolidation, the Dollar is finally moving lower as it prints the lowest GDP in two years. As a result of this, traders could look at EURUSD extending higher. This morning's US GDP came out at a two-year low of 2.0% versus…
Dollar Indecision Continues + Shiba Inu Almost at 0.00009

Dollar Indecision Continues + Shiba Inu Almost at 0.00009

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The Dollar continues to move in an indecisive fashion as the bull and bear battle continues. Meanwhile, Shiba Inu is oozing with bullishness as the price is inches away from 0.00009. A quick look at the daily time frame shows that the Dollar…
Dollar Bulls Attempt a Rally to 94.200 + Shiba Inu Back to 0.00009?

Dollar Bulls Attempt a Rally to 94.200 + Shiba Inu Back to 0.00009?

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Dollar bulls are trying a desperation attempt at another rally after being held down by bears. Additionally, an altcoin that's gaining traction in Shiba Inu is looking to possibly revisit its all-time high. After creating a new high for the…