Posts
USDCHF Intraday Profits + AUDJPY Shorts Entered
Forex Trading Analysis, Live Trading Room, Technical AnalysisTraders who took intraday shorts for USDCHF yesterday are in profit as the price looks to revisit the range low. To finish off the week, traders are now looking to short AUDJPY.
Price action analysis completed on USDCHF indicated that price…
AUDJPY Trade in +100 Pips of Profit, Dollar Creates New Yearly High
Forex Trading Analysis, Live Trading Room, Technical AnalysisPrice action traders are enjoying their AUDJPY shorts as price dives deep into profit. Meanwhile, Dollar bulls tear through the previous yearly high to establish a new high for the year.
After a few days of consolidation, AUDJPY has finally…
Dollar Struggles at July's High + NZDUSD Looks to Break Key Support
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter ending last week bullish, Dollar bulls are starting to struggle at July's high. Meanwhile, NZDUSD bears are looking to push below for the first time this quarter.
The US Dollar Index (DXY) is currently having a hard time breaching and…
Dollar Rallies After Poor Sales Data, AUDJPY Swing Shorts Have Been Activated
Forex Trading Analysis, Live Trading Room, Technical AnalysisDespite a poor retail sales report, the US Dollar is up 0.55% for the day. Meanwhile, a long-awaited swing short for AUDJPY has finally become valid to enter.
This morning the US economy report its retail sales data. Forecasts were bearish,…
+100 Pips from AUDUSD and AUDJPY Shorts are Pending
Forex Trading Analysis, Live Trading Room, Technical AnalysisPrice action traders are up +100 pips on their AUDUSD shorts and now they have their eyes set on possible shorts for AUDJPY.
After spending six days in consolidation, traders are finally seeing AUDUSD head to the downside. Price had a brief…
AUDJPY Swing Long + US Oil Above $60 Per Barrel
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter the long weekend, the Dollar has come out with a punch of its own as price attempts to clear last week's high. It's too early to decide if bullishness is here to stay for the Dollar, so traders are shifting their focus to AUDJPY and US…
DXY to 90.50, AUDJPY Swing Long
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter being shorted for much of the week, the US Dollar Index (DXY) is expected to retrace back to 90.50 before possibly continuing its path lower.
Price action analysis of the Dollar is suggesting that the current downtrend may be put on…
EURNZD Trade Update + CADJPY Possible Short?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the current status of our EURNZD trade. We then discussed a possible short for CADJPY.
During yesterday's live session, we broke down our swing trade for EURNZD. This idea is based on the weekly…
EURNZD Swing Trade Idea For Next Week!
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over how our trading week went, and then we found a trade idea for EURNZD.
This week was fairly slow for us but we were still able to make some profit. Our first trade was a short for USDJPY. This…
USDJPY and AUDJPY Profits + NZDUSD Swing Short?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the current status of our USDJPY and AUDJPY trade ideas. We then gave an update on our NZDUSD swing trade.
After hitting our first take profit, USDJPY came back and stopped our remaining position…