Posts
DXY is Not Done Yet + BTC & ETH Levels to Watch
Forex Trading Analysis, Live Trading Room, Technical AnalysisIf you are not joining the live sessions then we must urge you to start! Our trade ideas contain just the most probable setups that we come across - but the live sessions go deeper into detail and further opportunity for entries into the markets.
The…
NZDUSD Profits + GBPJPY Long
Forex Trading Analysis, Live Trading Room, Technical AnalysisSince yesterday, the US Dollar Index has gone from giving signs of weakness to surging strongly to the upside. Despite the DXY failing to meet 91.00, the brief bullishness allowed traders to cash in on shorts for the majors.
One major that…
GBPUSD and NZDJPY Long Before FOMC
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe trend is usually your friend, especially on the higher timeframes. Despite the recent rallies, the US Dollar Index is conforming to the long-term downtrend and is headed lower.
With the Dollar down -0.26% for the day, many majors are…
DXY Fighting to 90.72 + Major Shorts
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe last week of January is upon us, and this week in contrast to previous weeks is rather calm in terms of fundamental news. This week may help traders end the first month of 2021 on a good note.
Aside from the FOMC rate decision on Wednesday,…
EURNZD Shorts + USD Priming For Powell's Speech
Forex Trading Analysis, Live Trading Room, Technical AnalysisAs expected, this morning's fundamental releases have the US Dollar in a blunder. More unemployment claims were filed last month than expected which caused the Dollar to quickly shift from being bullish for the day to bearish.
As a result,…
US Dollar Index Touches 93.60 But Bearish Bias Still Remains
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the FOMC rate decision and what that may entail for the US Dollar. We then found trade setups for EURUSD and USDJPY.
Yesterday the FOMC decided to keep interest rates unchanged. We predicted this…
FOMC Prediction and Trade Setups to Take Advantage
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the possible outcomes for today's FOMC press conference in relation to the US Dollar Index. We then discussed trade setups for GBPUSD and GBPJPY.
This afternoon at 2:00 PM EST the FOMC is unveiling…
Powell Insists on Lower Rates + GBPJPY Swing Trade
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over Powell's speech as well as our predictions for the US Dollar moving forward. We then found swing trades for GBPJPY and EURNZD.
This morning Fed Jerome Powell spoke about his plans for the monetary…
FOMC Rate Decision today - Market Analysis & Setups
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we mainly focused on the FOMC rate decision that is occurring later today. We then concluded the session by going over possible trade setups.
Today, the Federal Reserve will announce key aspects of its monetary…
Markets Await FOMC Economic Projections
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we did a complete overview of the FOMC press conference that is occurring later today at 2:00 PM EST. Most of the financial markets are awaiting this all-important press conference as it will not only include…