Posts

EURUSD & USDCHF in Profit + More to Come

EURUSD & USDCHF in Profit + More to Come

, ,
As price action analysis predicted, both EURUSD and USDCHF trade setups are playing out as expected and in profit. With the Dollar uptrend remaining strong, more profits should be expected. EURUSD has found itself down -0.37% today as the…
EURUSD & USDCHF Analysis with a Bullish Dollar

EURUSD & USDCHF Analysis with a Bullish Dollar

, ,
Another trading week, and another day that the Dollar has pushed higher. With that in mind, majors such as EURUSD and USDCHF should continue their current trends. Last week the US Dollar Index (DXY) was able to close above one of the highs…
Dollar Ready for Next Push + Oil Longs

Dollar Ready for Next Push + Oil Longs

, ,
The US Dollar Index (DXY) ended the week by dropping lower to create a new higher low. Further upside should be seen next week. In addition, Crude Oil is ready to move higher. It was a productive week for the Dollar as the price was able…
EURUSD & NZDUSD Shorts + Bullish Dollar

EURUSD & NZDUSD Shorts + Bullish Dollar

, ,
As the US Dollar Index (DXY) continues to climb, many of the majors such as EURUSD and NZDUSD continue to fall. Both pairs are providing great setups to the downside. The Dollar seems to be creating a new high every day of this week. This…
NZDCAD Profits + DXY To Extend Higher

NZDCAD Profits + DXY To Extend Higher

, ,
As predicted by price action analysis, NZDCAD is on its way lower. Both price action and smart money analysis also predicted a bullish Dollar which is what we are seeing today. Price action traders are up around +80 pips for NZDCAD since…
Live Forex Trading Room DXY Bulls Back At The Table Plus BTC Longs

DXY Bulls Back on Table + BTC Longs!

, ,
After a bearish week last week and starting this week on the same note, US Dollar bulls are showing some fight. Bitcoin is also set to push higher after creating the latest higher low. Despite Powell's harsh comments about the US economy,…
Dollar Slips After FOMC, What's Next?

Dollar Slips After FOMC, What's Next?

, ,
Opposed to Powell's last speech, his speech today was without a doubt dovish in tone. This had caused the Dollar to go from consolidating to being down -0.50% for the day. Although the interest rate will stay at <0.25% as it has been for…
DXY Creates New Low, Majors Rise?

DXY Creates New Low, Majors Rise?

, ,
After ending last week with three consecutive selling days, the Dollar has opened up this week with a bullish response. It's tough to say if this is here to stay, or if more downside is on the way. After opening bullish last week, the Dollar…
BTC to 60,000 and Oil Longs Pending

BTC to 60,000 and Oil Longs Pending

, ,
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…
US Dollar Selloff + US Oil to $77 Per Barrel

US Dollar Selloff + US Oil to $77 Per Barrel

, ,
After failing to bounce from 91.90, the US Dollar Index is set to fall lower. While the majors gain on the Dollar, US Oil is starting to set up for a perfect buy to $77 per barrel. The Dollar is finding it rather hard to stay afloat despite…