DXY Next Leg Down + USDJPY & USDCAD Short
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we did an overview of possible setups that we could take this week. We did this by first analyzing the US Dollar Index (DXY) and then determining where the majors/minors would go.
As discussed during last…
Weekly Profit Recap (+225 Pips) + Trades for Next Week
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the trades that we took this week to accumulate around +225 pips. We then prepared for next week by identifying possible trade setups and biases.
This week started off fairly slow as the markets…
EURUSD and GBPUSD Profits + GBPJPY to 143.666?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the status of our EURUSD and GBPUSD trades. We then found trades for Gold (XAUUSD), Silver, and GBPJPY.
During yesterday's live session, we identified long setups for both EURUSD and GBPUSD. We…
EURCAD and GBPCAD in Profit + US Dollar Bulls are Back?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the US CPI data release, and then we went over the current status of our trades.
This morning the US released it's Consumer Price Index (CPI) with a result of 0.6% versus a forecast of 0.3%. The…
EURCAD, AUDCAD and CADCHF Trade Setups
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the current status of the trades we discussed yesterday. We then went over the US Dollar Index (DXY) to determine where the majors are headed.
During yesterday's live session, we found several…
Canadian Dollar Bulls are back, US Index at Standstill
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn 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…
Bullish NFP as Expected + Next Week Market Insight
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn 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…
Technical Analysis Suggests Bullish NFP
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn 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…
EURUSD and EURJPY Longs + DXY Bearish Again
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn 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.…
NFP Week Market Predictions (USD Bulls are Back?)
Forex Trading Analysis, Forex Trading Blog, Technical AnalysisIn 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…