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,…
DXY Consolidating, Bulls Still Strong + OIL Trade Pending
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe Bank of England lets us know that the supply chain problem squeeze on inflation “should be temporary”, but will have to act if inflation reaches wages. Alongside a prediction for a strong Q4 from the Fed, Wells Fargo is calling for a…
US Unemployment Claims at 5 Decade Low + GBP Setup & MANA in Profit
Forex Trading Analysis, Live Trading Room, Technical AnalysisAll around neutrality from fundamental events this morning, the biggest winner of course is the unemployment claims. Those are coming in under the forecast at a 5 decade low, alongside a stable GDP run for the quarter. We can see that DXY is…
Market Maker Buy Model Lesson + AUDNZD & AUDJPY trades active
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe Services and Manufacturing Industry Flash reports are out above expected across the board in the Eurozone and just a hair shy than forecast for the US Dollar. The Bank of England forecasts a peak of 5% inflation for the GBP by the second…
Who Smells GBPUSD Bear's Breath? + Potential Reversal Areas for BTC and ETH
Forex Trading Analysis, Live Trading Room, Technical AnalysisCongratulations Mr. Powell for staying on for his second term as Fed Chair and to Dr. Brainard for being appointed Vice-Chair. The US White House praises Powell and Brainard to “keeping inflation low, prices stable, and delivering full employment…
Keeping Our Eye On BTC + FOMC Hints Robust Q4
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe FOMC is hinting at revisiting the 2% inflation target they have set so next weeks FOMC meeting minutes are going to be a key event to pay attention to on Wednesday, November 24, 2021. We are also given hints that Q4 is going to be “extremely…
DXY is Not Done Yet + BTC & ETH Levels to Watch
Forex Trading Analysis, Live Trading Room, Technical AnalysisIf you are not joining the live sessions then we must urge you to start! Our trade ideas contain just the most probable setups that we come across - but the live sessions go deeper into detail and further opportunity for entries into the markets.
The…