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Dollar Fails to Meet August's High + Bitcoin Prices Eye Break Below $44,000
Forex Trading Analysis, Live Trading Room, Technical AnalysisDespite an impressive rally last week, the Dollar has fallen short of meeting August's high. Meanwhile, crypto traders are watching Bitcoin as the price breaks below $44,000 for its third time this month.
The Dollar was able to breach above…
Gold and Ethereum Longs as Dollar Pullsback from 93.170
Forex Trading Analysis, Live Trading Room, Technical AnalysisGold and Ethereum prices are set to push higher as the Dollar pullback after attaining July's high. Price action traders will be looking to enter long after observing today's daily closure.
Gold had a rough start to the trading week as bears…
US Dollar Slips Lower + Cryptos Face Pressure From Bears
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter a dominant showing last week, the US Dollar Index (DXY) opens up the week with serious pressure applied by the bears. On the other hand, crypto markets continue to see major shorts as cryptos go on to make new lows.
After a slow start…
Bitcoin and Ethereum Set to Move Higher as Dollar Moves Lower
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe Dollar had one more retracement left in its tank as the price was able to stay above 90.850. Further downside is expected, however, and both Bitcoin and Ethereum look to resume their uptrends.
After yesterday's rejection of 90.850, it…