US Dollar Index Touches 93.60 But Bearish Bias Still Remains
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the FOMC rate decision and what that may entail for the US Dollar. We then found trade setups for EURUSD and USDJPY.
Yesterday the FOMC decided to keep interest rates unchanged. We predicted this…
FOMC Prediction and Trade Setups to Take Advantage
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the possible outcomes for today's FOMC press conference in relation to the US Dollar Index. We then discussed trade setups for GBPUSD and GBPJPY.
This afternoon at 2:00 PM EST the FOMC is unveiling…
US Dollar Mixed Bias + EURNZD Possible Long
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the current status of the US Dollar Index before tomorrow's FOMC rate decision.
At the moment the US Dollar Index is having a tug-of-war at the 93.00 psychological level. We will continuously…
FOMC Rate Prediction and Trade Signals
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the forecasts for this week's FOMC rate statement. We then found possible scenarios for the US Dollar Index and consequently its effect on the major currency pairs.
This week the Federal Open…
ECB Trading Week Profits + Trades for Next Week
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the trades we took this week. We then completed technical analysis to determine viable trade setups for next week.
This week was another great week for us in the Forex Trading Room. We took four…
ECB Keeps Interest Rate Unchanged + Setups for the Euro
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the ECB rate statement and what it may entail for our current and pending setups. We then found a swing short for GBPUSD.
The European Central Bank (ECB) has decided to keep interest rates unchanged…
EURUSD Long Setup + GBPUSD Intraday Profits
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today’s live trading session, we went over the current status of our trades. We then identified a long setup for EURUSD and a short for EURGBP.
During yesterday’s live session, we determined a bearish bias for the US Dollar Index (DXY).…
Forex ECB Predictions + DXY at Reversal Point
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over our predictions for the European Central Bank (ECB) rate statement. We then found trade setups for USDCHF and USDJPY.
This week is the ECB rate statement which represents the interest rate decision…
NFP Trading Results (140 Pips) + 2 Promising Setups!
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the trades we took this week to achieve +140 pips. We then determined two key setups to trade next week.
As previously mentioned, Non-Farm Payroll week could go in two directions, full of life…
Trade Setups for NFP, US Dollar Looking to Hit 94.00
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the possible setups we can take before tomorrow's Non-Farm Payroll release. We then did a lesson on how to determine directional bias.
This morning the US Dollar continued its dominance as the…