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Ethereum En Route to $5,000 + US Oil Gears for Next Leg Higher

Ethereum En Route to $5,000 + US Oil Gears for Next Leg Higher

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As the Forex market continues to labor behind the Dollar, the crypto markets are thriving as Ethereum surges past $4,400. After a slow down in price action, US Oil is finally looking to extend higher again. Ethereum has finally breached above…
US Oil Eyes 70.00 Per Barrel + USDCAD Long Trade Setup

US Oil Eyes 70.00 Per Barrel + USDCAD Long Trade Setup

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Crude oil (US Oil) prices are down 2.50% for the day as bears look to visit $70 per barrel. Conversely, USDCAD is looking to push higher as Dollar bulls pick up momentum. After attaining $77 per barrel, bears were able to take price in a…
US Oil Longs and USDCAD Shorts For Next Week

US Oil Longs and USDCAD Shorts For Next Week

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After last week's theatrics, the US Dollar Index (DXY) is back in a range. Regardless of that, US Oil sets to push to new yearly highs and USDCAD looks to fall lower. After creating a new yearly high at $74 per barrel, US Oil took a bit of…
CADCHF Shorts Entered and US Oil Hits +200 Pips of Profit

CADCHF Shorts Entered and US Oil Hits +200 Pips of Profit

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The Dollar is still stuck in its consolidating ways and traders are now flocking to the minors to get suitable trade options. Oil continues its tear as traders are up +225 pips in profit. The US Dollar Index (DXY) is consolidating below 90.550…
US Oil Up +120 Pips and Dollar Pushes Back Against Bears

US Oil Up +120 Pips and Dollar Pushes Back Against Bears

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Price action traders are enjoying profits from US Oil as the price continues to make new highs for the year. The US Dollar Index (DXY) is back at this week's high as it attempts a bullish reversal. This week's weekly candle will close as…
US Oil Back to Yearly High + CADJPY Approaching Key Level

US Oil Back to Yearly High + CADJPY Approaching Key Level

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After a slight retracement, Crude (US Oil) is back to this year's high. CADJPY is approaching a key monthly level which could provide a great trade opportunity in either direction. Earlier this week Oil was able to attain a new high for the…
US Oil Longs Entered Once Again as Dollar Move Delayed

US Oil Longs Entered Once Again as Dollar Move Delayed

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As the Dollar struggles once again with a sense of direction, Crude (US Oil) has gone on to make a new high for the year and is striving to push higher. After it had seemed likely that the US Dollar Index (DXY) would revisit 89.700, bulls…
Crude Oil Longs Pending + Dollar Looks to Revisit 90.00

Crude Oil Longs Pending + Dollar Looks to Revisit 90.00

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The US Dollar Index has once gained pushed back in an attempt to reach 90.00. Meanwhile, Crude (Oil) is set to push to new highs as economies reopen up globally. After reaching 89.700, the Dollar has reacted bullishly with a hammer as the…
US Oil Ready to Push Higher as Dollar Stagnates

US Oil Ready to Push Higher as Dollar Stagnates

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Another day in the markets and another day the US Dollar Index is stuck in a range. While the Dollar decides on a direction, US Oil (Crude) is set to make a run at the high of the year. There are days and even weeks at a time where 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…