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USDJPY Shorts Activated After Rejecting 114.200 + BTCUSD Sets New High
Forex Trading Analysis, Live Trading Room, Technical AnalysisTraders are shorting USDJPY after the price rejects key resistance at 114.200. On the contrary, Bitcoin bulls are marching on as price creates a new all-time high.
Bears have taken control of USDJPY as price rejects a key monthly resistance…
Bitcoin En Route to $70,000 + Ethereum Trade in Deep Profits
Forex Trading Analysis, Live Trading Room, Technical AnalysisBitcoin bulls are gaining momentum again as the price comes inches away from the all-time high. Ethereum bulls have pushed past this year's high and have officially created a new all-time high.
After spending the last three weeks in consolidation,…
Dollar Bulls Surge to 94.500 Resistance + AUDUSD Shorts to Range Low
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter consolidating for most of the week, the Dollar had enough bullish presence to make a run at 94.500. As a result, traders are seeking short for AUDUSD as the price presents bearish cues.
During the London session, Dollar bulls were able…
Ethereum Moments Away from $4,700 + Dollar in Heavy Consolidation
Forex Trading Analysis, Live Trading Room, Technical AnalysisEthereum bulls are picking up steam as the price is moments away from creating a new high at $4,700. Meanwhile, traders continue to observe a prolonged period of consolidation in the Dollar.
Yesterday, price action traders saw an optimal…
Ethereum En Route to $5,000 + US Oil Gears for Next Leg Higher
Forex Trading Analysis, Live Trading Room, Technical AnalysisAs the Forex market continues to labor behind the Dollar, the crypto markets are thriving as Ethereum surges past $4,400. After a slow down in price action, US Oil is finally looking to extend higher again.
Ethereum has finally breached above…
Dollar Slumps on Poor GDP Data + EURUSD Longs Entered
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter a week of consolidation, the Dollar is finally moving lower as it prints the lowest GDP in two years. As a result of this, traders could look at EURUSD extending higher.
This morning's US GDP came out at a two-year low of 2.0% versus…
Dollar Bulls Attempt a Rally to 94.200 + Shiba Inu Back to 0.00009?
Forex Trading Analysis, Live Trading Room, Technical AnalysisDollar bulls are trying a desperation attempt at another rally after being held down by bears. Additionally, an altcoin that's gaining traction in Shiba Inu is looking to possibly revisit its all-time high.
After creating a new high for the…
EURNZD Shorts to 1.58600 + Bitcoin Set to Clear All Time High
Forex Trading Analysis, Live Trading Room, Technical AnalysisPrice action traders have found a swing trade short for EURNZD that could lead to over +400 pips of profit. Meanwhile, Bitcoin is expected to clear the all-time high later today.
After failing to rebound from monthly support at 1.63250, bears…
Dollar Bears Pile on as Bullish Bitcoin Eyes All Time High
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe long-term uptrend for the Dollar is in jeopardy as bears continue to apply pressure. Meanwhile, Bitcoin bulls are storming higher within arms reach of the all-time high.
After starting a bullish uptrend back in June, the Dollar is starting…
Dollar Clears Yearly High + CADCHF Swing Trade Entered
Forex Trading Analysis, Live Trading Room, Technical AnalysisOver the Thanksgiving long weekend, the Dollar was able to create a new high for the year at 94.560. Additionally, a swing trade for CADCHF has presented itself as price runs into daily resistance.
The Dollar started off last month with a…