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DXY to 91.00 and Majors Look to Short

DXY to 91.00 and Majors Look to Short

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The US Dollar Index (DXY) is not done just yet as the index has hopes of going higher. As a result, many of the major currency pairs are projecting potential short-term shorts. After revisiting 90.50 yesterday, the DXY has found itself on…
DXY Gap and Holiday Trading Conditions

DXY Gap and Holiday Trading Conditions

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Over the weekend the US Dollar Index (DXY) gapped from 89.90 to 90.45 and then went on a rally back to the 91.00 psychological level. This sudden move was not a shock to most veteran traders as this type of volatility can be expected during…
Knowing When to Exit a Trade + Profit Recap

Knowing When to Exit a Trade + Profit Recap

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The last full trading week of 2020 is finally in the books. Many traders were able to secure a good deal amount of profit all thanks to the rapid depreciation in the Dollar. Trade setups for EURUSD and AUDUSD seemed to be the most popular among…
EURUSD and AUDUSD Profits + DXY to 88.75

EURUSD and AUDUSD Profits + DXY to 88.75

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The US Dollar Index (DXY) is wasting no time to reach 2018's low as sellers continue to pressure the Dollar to go lower. Today many of the majors have extended their gains against the Dollar, with some being up +0.62% up for the day. EURUSD…
EURUSD Ready to Enter + NZDCAD Shorts

EURUSD Ready to Enter + NZDCAD Shorts

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The midweek of the trading week is here and the markets are jumping with volatility. This morning Congress passed a $900 billion stimulus package for the United States. This news led to a rapid depreciation in the US Dollar and several setups…
DXY Ranging + Pending Breakouts for EURUSD & NZDUSD

DXY Ranging + Pending Breakouts for EURUSD & NZDUSD

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The first trading day of the week is in the books. This Monday morning the US Dollar Index (DXY) has been stuck in a range, and pairs such as EURUSD and NZDUSD are developing setups. Traders are finding DXY ranging between 90.50 and 91.25.…
AUDUSD and CADJPY Long Trade Ideas

AUDUSD and CADJPY Long Trade Ideas

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In today's live trading session, we went over trade ideas for AUDUSD and CADJPY. As the US Dollar Index (DXY) continues to range between 90.75 and 91.00, many of the majors have also begun to range. One major has separated itself from the…
DXY Stuck in Range + AUDUSD Ready to Enter?

DXY Stuck in Range + AUDUSD Ready to Enter?

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In today's live trading session, we went over the ranging US Dollar Index (DXY), and a trade setup for AUDUSD. As of this morning, the DXY has spent the majority of its time stuck in a range between 91.000 and 90.75. During yesterday's session,…
EURUSD, AUDUSD and NZDUSD Long Trade Ideas

EURUSD, AUDUSD and NZDUSD Long Trade Ideas

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In today's live trading session, we went over swing trades for EURUSD, AUDUSD, and NZDUSD. Last Friday, we discussed the double bottom that was created by the US Dollar Index (DXY). We predicted a small rally to 91.000, at which point price…
Gold Short Ready to Enter + DXY to 91

Gold Short Ready to Enter + DXY to 91

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In today's live trading session, we went over our pending Gold trade and where the US Dollar Index (DXY) is headed. Last week, Gold made its move down to 1790. Gold is under pressure with several successful vaccine trials. This morning Moderna…