NZDCAD Profits + DXY To Extend Higher

NZDCAD Profits + DXY To Extend Higher

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As predicted by price action analysis, NZDCAD is on its way lower. Both price action and smart money analysis also predicted a bullish Dollar which is what we are seeing today. Price action traders are up around +80 pips for NZDCAD since…
Dollar to 92.500 + Majors Start to Slip

Dollar to 92.500 + Majors Start to Slip

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After creating a range on the hourly time frame, the US Dollar Index was able to finally close bullish above 91.950. With that being said, the Forex majors should begin to head lower. The Dollar has been quite elusive these past few weeks…
DXY Back to Bearish Ways + NZDCAD Shorts?

DXY Back to Bearish Ways + NZDCAD Shorts?

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After giving bulls some hope to end last week, the Dollar is back on its way lower. As the DXY figures its self out, traders may look at trading the minors for the time being. Despite hanging around 91.950 and numerous attempts to close bullish…
Live Forex Trading Room DXY Bulls Back At The Table Plus BTC Longs

DXY Bulls Back on Table + BTC Longs!

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After a bearish week last week and starting this week on the same note, US Dollar bulls are showing some fight. Bitcoin is also set to push higher after creating the latest higher low. Despite Powell's harsh comments about the US economy,…
Dollar Slips After FOMC, What's Next?

Dollar Slips After FOMC, What's Next?

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Opposed to Powell's last speech, his speech today was without a doubt dovish in tone. This had caused the Dollar to go from consolidating to being down -0.50% for the day. Although the interest rate will stay at <0.25% as it has been for…
Bearish US Sales Data, Dollar in a Limbo

Bearish US Sales Data, Dollar in a Limbo

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This morning's US retail sales data came out much worse than expected, and traders could see further weakness in the Dollar as a result. Despite attempting another push higher, the Dollar is stuck in limbo. The core retail sales data came…
DXY Creates New Low, Majors Rise?

DXY Creates New Low, Majors Rise?

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After ending last week with three consecutive selling days, the Dollar has opened up this week with a bullish response. It's tough to say if this is here to stay, or if more downside is on the way. After opening bullish last week, the Dollar…
BTC to 60,000 and Oil Longs Pending

BTC to 60,000 and Oil Longs Pending

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As the Dollar tries a last-minute surge to the upside, many of the cryptos and commodities are extending their gains. Bitcoin to 60,000 looks fairly likely and Crude Oil longs are almost ready to go. Earlier during the New York session, the…
US Dollar Selloff + US Oil to $77 Per Barrel

US Dollar Selloff + US Oil to $77 Per Barrel

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After failing to bounce from 91.90, the US Dollar Index is set to fall lower. While the majors gain on the Dollar, US Oil is starting to set up for a perfect buy to $77 per barrel. The Dollar is finding it rather hard to stay afloat despite…
Dollar to Rebound From 91.90? Majors Rise

Dollar to Rebound From 91.90? Majors Rise

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The Dollar is in a tough spot as sellers continue to force the index lower. A possible area where the DXY can rebound is 91.900. If it fails to do this, we can see many majors start to rise once again. After the passing of the 1.9 trillion…