Gold & Crypto to Drop + DXY Remains Bullish

Gold & Crypto to Drop + DXY Remains Bullish

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Surprise NFP data reporting was less than expected for US Employment Change, most notably was that the jobless rate data came in less than forecast at 4.2 to help balance things out. Despite this, we are sticking with our price narrative that…
All Eyes on DXY ahead of NFP + Majors, GOLD & OIL targets hit

All Eyes on DXY ahead of NFP + Majors, GOLD & OIL targets hit.

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All eyes are on DXY. Unemployment claims come in below expected, and a robust recovery is on track. We remain reserved on a higher DXY ahead of tomorrows NFP report. For this reason, much of our analysis for DXY, EURUSD, GBPUSD, AUDUSD, and…
Smart Money Ready for More BTC Bears + Oil Expected to Keep Going Down

Smart Money Ready for More BTC Bears + Oil Expected to Keep Going Down

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ADP 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

Dollar Bulls Target 97, Majors React + ETH Trade Profits

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Omicron 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

Smart Money Crypto looking to Drop + Dollar safe haven is activated

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Dollar 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

All Take Profits Achieved on USOIL & EURAUD + Safe Haven Positions On New Virus Variant

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WTIUSD 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

DXY Consolidating, Bulls Still Strong + OIL Trade Pending

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The 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

US Unemployment Claims at 5 Decade Low + GBP Setup & MANA in Profit

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All 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

Market Maker Buy Model Lesson + AUDNZD & AUDJPY trades active

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The 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

Who Smells GBPUSD Bear's Breath? + Potential Reversal Areas for BTC and ETH

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Congratulations 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…