Posts

USDCHF Intraday Profits + AUDJPY Shorts Entered

USDCHF Intraday Profits + AUDJPY Shorts Entered

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Traders who took intraday shorts for USDCHF yesterday are in profit as the price looks to revisit the range low. To finish off the week, traders are now looking to short AUDJPY. Price action analysis completed on USDCHF indicated that price…
Bitcoin Plunges on El Salvador Adoption + Dollar En Route to 92.750

Bitcoin Plunges on El Salvador Adoption + Dollar En Route to 92.750

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After a bullish weekend, Bitcoin dropped as low as 17% today in light of the news from El Salvador. Meanwhile, Dollar bulls look to push price back to 92.750. El Salvador has just become the first country to be the legal tender of Bitcoin.…
Bitcoin Turns Bullish as Summer Ends + Dollar Turns Bearish Before NFP

Bitcoin Turns Bullish as Summer Ends + Dollar Turns Bearish Before NFP

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After a down summer, Bitcoin is looking to end summer on a bullish note. Meanwhile, a day before the NFP release, the Dollar is looking bearish despite positive forecasts. Bitcoin has started September on a positive foot as the price looks…
Dollar Dives on Poor ADP Report + Pending Long for GBPUSD

Dollar Dives on Poor ADP Report + Pending Long for GBPUSD

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After brief bullishness yesterday, the US Dollar is headed lower after a poor ADP job report. As a result, traders can look for potential longs for GBPUSD. Today's ADP job released reported only 374,000 jobs added versus the forecast of …
+150 Pips from Ethereum Long + Dollar Neutral at 92.500

+150 Pips from Ethereum Long + Dollar Neutral at 92.500

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Our traders are enjoying their profits from Ethereum as the trade is up +150 pips of profit. Meanwhile, the US Dollar Index (DXY) is showcasing mixed price action at the key level of 92.500. Approximately two weeks ago, price action traders…
Dollar to Visit 92.500, AUDUSD Looks to Complete a Range Fill

Dollar to Visit 92.500, AUDUSD Looks to Complete a Range Fill

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The Dollar is expected to continue its bearish sentiment from last week as the Thprice eyes 92.500. Meanwhile, similar to NZDUSD, AUDUSD is looking to fill out its range. The US Dollar Index (DXY) spent 80% of last week under pressure bearish.…
USDCAD Longs as Dollar Bulls Attempt a Rally at 92.850

USDCAD Longs as Dollar Bulls Attempt a Rally at 92.850

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Price action traders are entering long for USDCAD as Dollar bulls remerge after a week of battling bearish pressure. This bullish presence is prominent even after today's bearish GDP data. After a sharp slump lower, USDCAD bulls are starting…
GBPUSD and NZDUSD Longs as the Dollar Plans to Revisit 92.850

GBPUSD and NZDUSD Longs as the Dollar Plans to Revisit 92.850

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After a bullish trend last week, the US Dollar is presenting a more bearish stance to end off the month. As a result, our traders are hunting longs for GBPUSD and NZDUSD. The US Dollar Index (DXY) is once again bearish this summer after the…
AUDJPY Trade in +100 Pips of Profit, Dollar Creates New Yearly High

AUDJPY Trade in +100 Pips of Profit, Dollar Creates New Yearly High

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Price action traders are enjoying their AUDJPY shorts as price dives deep into profit. Meanwhile, Dollar bulls tear through the previous yearly high to establish a new high for the year. After a few days of consolidation, AUDJPY has finally…
Dollar Struggles at July's High + NZDUSD Looks to Break Key Support

Dollar Struggles at July's High + NZDUSD Looks to Break Key Support

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After ending last week bullish, Dollar bulls are starting to struggle at July's high. Meanwhile, NZDUSD bears are looking to push below for the first time this quarter. The US Dollar Index (DXY) is currently having a hard time breaching and…