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DXY Target Like a Magnet + BTC Short Term Longs

DXY Target Like a Magnet + BTC Short Term Longs

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We were given the go ahead by price action on our DXY targets today. This puts us in a very nice position to treat the target like a magnet also as US Economic Optimism bounced back up since the initial Covid era lows. The Dollar Index pushed…
DXY Remains in Control + Crypto Targets Hit

DXY Remains in Control + Crypto Targets Hit

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The Dollar is holding it reign, as over $2.5 billion in crypto liquidated ahead of executive testimony from eight major crypto currency firms on December 8th. This was a first of its kind before the US House Financial Services Committee. We…
Gold & Crypto to Drop + DXY Remains Bullish

Gold & Crypto to Drop + DXY Remains Bullish

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Surprise NFP data reporting was less than expected for US Employment Change, most notably was that the jobless rate data came in less than forecast at 4.2 to help balance things out. Despite this, we are sticking with our price narrative that…
All Eyes on DXY ahead of NFP + Majors, GOLD & OIL targets hit

All Eyes on DXY ahead of NFP + Majors, GOLD & OIL targets hit.

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All eyes are on DXY. Unemployment claims come in below expected, and a robust recovery is on track. We remain reserved on a higher DXY ahead of tomorrows NFP report. For this reason, much of our analysis for DXY, EURUSD, GBPUSD, AUDUSD, and…
Smart Money Ready for More BTC Bears + Oil Expected to Keep Going Down

Smart Money Ready for More BTC Bears + Oil Expected to Keep Going Down

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ADP NFP came in above as expected, and we should see similar (if not a larger) deviation from forecast on Fridays NFP, which correlates to a move that Smart Money is watching on a bullish DXY. We have been using these pullbacks to find better…
Dollar Bulls Target 97, Majors React + ETH Trade Profits

Dollar Bulls Target 97, Majors React + ETH Trade Profits

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Omicron is a risk and not currently considered in current forecasts, as it could pose a threat to current job growth. Regarding inflation, Powell says, “overall inflation is running well above our 2 percent longer-run goal” and that the…
Smart Money Crypto looking to Drop + Dollar Safe Haven is Activated

Smart Money Crypto looking to Drop + Dollar safe haven is activated

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Dollar safe haven is activated. We remain bullish as DXY price only retraced back to the 95.800 zone as was expected, we aim for continuation to 97.813. EURUSD is rejecting from Nov 20th bearish order block, so we expect price to keep sliding…
All Take Profits Achieved on USOIL & EURAUD + Safe Haven Positions On New Virus Variant

All Take Profits Achieved on USOIL & EURAUD + Safe Haven Positions On New Virus Variant

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WTIUSD fulfilled the weeks trade idea, and closed all three take profits. For those of you who were able to get in, congratulations on a 449 pip move. EURAUD also saw a major move this morning and we were able to close off the last take profit,…
DXY Consolidating, Bulls Still Strong + OIL Trade Pending

DXY Consolidating, Bulls Still Strong + OIL Trade Pending

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The Bank of England lets us know that the supply chain problem squeeze on inflation “should be temporary”, but will have to act if inflation reaches wages. Alongside a prediction for a strong Q4 from the Fed, Wells Fargo is calling for a…
US Unemployment Claims at 5 Decade Low + GBP Setup & MANA in Profit

US Unemployment Claims at 5 Decade Low + GBP Setup & MANA in Profit

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All around neutrality from fundamental events this morning, the biggest winner of course is the unemployment claims. Those are coming in under the forecast at a 5 decade low, alongside a stable GDP run for the quarter. We can see that DXY is…