Posts
Dollar Faces Bearish Pressure + Crude Oil Swing Trade
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe Dollar is down 0.30% to start the first week of October as bearish pressure continues. Conversely, Crude Oil prices are looking to edge higher after breaking this year's high.
The US Dollar Index (DXY) was able to print a bullish hammer…
Pending Swing Trade for US Oil + US Dollar Neutral as Bulls and Bears Fight
Forex Trading Analysis, Live Trading Room, Technical AnalysisCrude oil prices are looking to edge higher as bulls erase the previous move created by bears in the market. Meanwhile, the US Dollar is stuck as a tug-of-war occurs in the market.
After attaining the yearly high of $77 per barrel, Oil had…
+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…
US Oil Long Profits and Trade Setups for NFP
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live Forex trading session, we went over the present status of our US Oil long trade that was taken yesterday. We then discussed the ADP employment numbers for the US economy and trade setups for the Non-Farm Payroll release this…
FOMC Meeting Minutes, The Fate of The US Dollar
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we discussed the +300 pips made from yesterday's trades and then discussed the possibilities for the FOMC meeting minutes. The rest of the session we discussed possible trade setups. A setup of particular interest…