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US Dollar to 93.400 + Gold and AUDUSD Shorts for Next Week

US Dollar to 93.400 + Gold and AUDUSD Shorts for Next Week

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Today marks the third straight bullish day for the US Dollar Index (DXY) suggesting the price is officially reversing higher. As a result, both Gold and AUDUSD shorts should be explored next week. After spending almost the past two months…
Gold Trade Up +400 Pips as Dollar Bulls Pile On

Gold Trade Up +400 Pips as Dollar Bulls Pile On

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Price action traders are enjoying Gold shorts as the price has taken a deep dive this week after Dollar bulls have pushed the US Dollar Index (DXY) to new quarterly highs. Price action analysis completed yesterday on Gold provided a possible…
Dollar Continues to Consolidate and Potential Shorts for USDCAD

Dollar Continues to Consolidate and Potential Shorts for USDCAD

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The US Dollar Index (DXY) is once again stuck in its consolidated ways and that has been the sentiment for almost two months now. Despite this, traders may have a short setup for USDCAD. For the third straight day this week, the Dollar is…
US Oil Back to Yearly High + CADJPY Approaching Key Level

US Oil Back to Yearly High + CADJPY Approaching Key Level

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After a slight retracement, Crude (US Oil) is back to this year's high. CADJPY is approaching a key monthly level which could provide a great trade opportunity in either direction. Earlier this week Oil was able to attain a new high for the…
US Oil Hits First Target + AUDUSD Intraday Trade

US Oil Hits First Target + AUDUSD Intraday Trade

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Price action traders who entered long for Crude (US Oil) have reached their first target of +50 pips. In the meantime, AUDUSD is looking to provide an intraday short based on the hourly range. Yesterday, Oil was able to set a new high for…
US Oil Longs Entered Once Again as Dollar Move Delayed

US Oil Longs Entered Once Again as Dollar Move Delayed

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As the Dollar struggles once again with a sense of direction, Crude (US Oil) has gone on to make a new high for the year and is striving to push higher. After it had seemed likely that the US Dollar Index (DXY) would revisit 89.700, bulls…
US Oil in Further Profits + Gold Longs Set for Entry

US Oil in Further Profits + Gold Longs Set for Entry

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The Dollar is continuing its push lower which it started after last Friday's Non-Farm Payroll release. With that move in mind, traders could see Oil surge into further profits and Gold longs develop. Price action traders were able to enter…
This is the real secret of life - to be completely engaged with what you are doing in the here and now. And instead of calling it work, realize it is play.

Crude Oil Trade in Profit + Gold Longs Delayed Until Next Week

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Despite bullish ADP and Non-Farm Payroll numbers, the Dollar has it's being pressured by bears once again to close the week. Oil longs are in profit and Gold is looking to give traders entry next week. For much of the week, price action traders…
Dollar Surges on ADP Job Report + Oil Longs Pending Entry

Dollar Surges on ADP Job Report + Oil Longs Pending Entry

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The US Dollar Index (DXY) is up 0.65% for the day as the ADP job numbers came out better than expected. Despite this, Crude (Oil) is gearing up for an entry long. This morning ADP job numbers came out at 978,000 versus the forecast of 645,000.…
Dollar Rejects 90.00, Gold and Oil Moments Away From Entry!

Dollar Rejects 90.00, Gold and Oil Moments Away From Entry!

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The US Dollar Index (DXY) has once again rejected 90.00 after a brief visit. With that in mind, Gold and Crude (Oil) are both looking to push higher against the weaker Dollar. The past 4-6 weeks have been a struggle for the Dollar as the…