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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…
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…
US Dollar Rejects 94.200 + USDJPY Intraday Shorts Entered
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe Dollar ended the previous trading week by surging up to 94.200, however, bears are pushing back lower. As a result, traders are seeking intraday shorts for USDJPY.
The recent price action for the Dollar has been far from ideal as the…
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 Indecision Continues + Shiba Inu Almost at 0.00009
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe Dollar continues to move in an indecisive fashion as the bull and bear battle continues. Meanwhile, Shiba Inu is oozing with bullishness as the price is inches away from 0.00009.
A quick look at the daily time frame shows that the Dollar…
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…
Dollar Stuck in Consolidation + Solana to $250
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe last few weeks have been fairly slow for the Dollar as the price is stuck in consolidation. Meanwhile, Solana is looking to extender higher to $250.
Since the start of September, the US Dollar Index has been ranging between 93.500 and…
CADCHF Finally Falls into Profit + Ethereum Inches Away From $4,400
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter almost a week of consolidation, CADCHF has finally started to fall into profit. Ethereum has begun its path to create a new all-time high as the price comes near $4,400.
CADCHF is finally showing momentum to the downside after the price…
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…