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Ethereum En Route to $5,000 + US Oil Gears for Next Leg Higher
Forex Trading Analysis, Live Trading Room, Technical AnalysisAs 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…
Bitcoin Reaches May's High + Ethereum to $4,400
Forex Trading Analysis, Live Trading Room, Technical AnalysisBitcoin continues its bullish rally as the price met May's high yesterday. Ethereum is starting to gain momentum too as the price aims to reach this year's high of $4,400.
Price has been bullish for Bitcoin for much of this week as the price…
Dollar Set to Reject 94.125 + Ethereum Longs to $4,000
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter a steep pullback, Dollar bulls are set to reject 94.125 and make a run for last week's high. As Bitcoin begins to surge, Ethereum bulls are looking to rally to $4,000.
A day before the Non-Farm Payroll (NFP) release, Dollar bulls are…
DXY Stuck Below 91.400 + Doge and Ethereum to New Highs
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe Dollar is stuck in a range between 90.850 and 91.400 and the price has attempted several times to push higher but has not been successful. Meanwhile, many of the popular cryptos are extending to new all-time highs.
After retesting 91.400…
Gold and Ethereum Longs With Dollar Stuck in a Limbo
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter retesting and rejecting the previous low of 90.700, the US Dollar Index (DXY) is set to head lower. As a result, the majors, as well as commodities like Gold and Ethereum, should gain on the Dollar.
Although the US Dollar is headed…