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USDJPY Shorts Activated After Rejecting 114.200 + BTCUSD Sets New High
Forex Trading Analysis, Live Trading Room, Technical AnalysisTraders are shorting USDJPY after the price rejects key resistance at 114.200. On the contrary, Bitcoin bulls are marching on as price creates a new all-time high.
Bears have taken control of USDJPY as price rejects a key monthly resistance…
+230 Pips from Oil Longs + Bitcoin Bulls Set to Rally to $50,000
Forex Trading Analysis, Live Trading Room, Technical AnalysisPrice action traders are up +230 pips of profit for crude oil as price begins a new rally after a period of consolidation. Meanwhile, Bitcoin has begun a bullish rally as price charges to $50,000.
The yearly high for crude oil is at $77 per…
Dollar Faces Bearish Pressure + Crypto Bulls Respond
Forex Trading Analysis, Live Trading Room, Technical AnalysisA new week presents new challenges for the Dollar as bears take control. Crypto bulls aren't backing down as bulls respond to weeks of bearish pressure.
After failing to make a new higher high last week, the Dollar has found itself within…