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Dollar Fails to Clear 92.750 + USDCHF Shorts to 0.90000
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter a bullish rally to 92.750, Dollar bulls just didn't have enough to clear this level. Instead, the Dollar is being pushed back down to 92.000 which opens up possible USDCHF shorts.
Yesterday's daily closure for the US Dollar Index (DXY)…
US Dollar to 92.750 with USDJPY Looking to Push Higher
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe US Dollar Index (DXY) is seeing bulls come in at the right time as bears almost brought the price to 92.000. With this resurgence, USDJPY is looking to edge higher.
Yesterday's price action made it seem likely that the DXY would revisit…
USDCAD Looks to Head Lower and US Oil Targets Yearly High
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe Dollar is looking bearish to start the week and as a result, USDCAD is also looking to head lower. Conversely, US Oil is gearing up for a rally to this year's high.
Traders should expect the Dollar to revisit 92.00 at some point this…
Dollar Facing Pressure From Bears + AUDUSD Swing Shorts
Forex Trading Analysis, Live Trading Room, Technical AnalysisDollar bulls are facing a tough task to fend off bears as they push the US Dollar Index (DXY) lower. Meanwhile, traders are setting up to take swing shorts for AUDUSD.
After creating a new high for the quarter, the Dollar saw immense pressure…
US Oil Eyes 70.00 Per Barrel + USDCAD Long Trade Setup
Forex Trading Analysis, Live Trading Room, Technical AnalysisCrude oil (US Oil) prices are down 2.50% for the day as bears look to visit $70 per barrel. Conversely, USDCAD is looking to push higher as Dollar bulls pick up momentum.
After attaining $77 per barrel, bears were able to take price in a…
Forex Major Longs as Dollar Looks to Revisit 92.00
Forex Trading Analysis, Live Trading Room, Technical AnalysisTraders could look to go long for the Forex majors this week as the Dollar fails to push higher to 93.00. This may be attributed to last week's bearish Non-Farm Payroll (NFP) release.
Last week's NFP release had a bearish reaction on the…
USDJPY Swing Longs as Dollar Bulls Surge Price Higher
Forex Trading Analysis, Live Trading Room, Technical AnalysisTraders can look for USDJPY to push a considerable amount higher as the US Dollar Index (DXY) get's ready to take out this year's high.
After spending a few days in a range, the US Dollar is ready for its next leg up. Today the DXY was able…
CADCHF Trade in Profit + Gold Reaches 1750
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter a few days of laboring, CADCHF is starting to pick up momentum. The precious metal Gold is also picking up steam to the downside as the price meets 1750.
Last week, price action traders went short for CADCHF after a shooting star was…
GBPCAD Before & After
UncategorisedHere is a sell setup for GBPCAD that was analyzed and explained to our Pro Trader members by our Smart Money Trader.
GBPCAD Before:
GBPCAD After (+60 pips):
To learn Smart Money, Price Action, and Supply and Demand…
US Oil Longs and USDCAD Shorts For Next Week
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter last week's theatrics, the US Dollar Index (DXY) is back in a range. Regardless of that, US Oil sets to push to new yearly highs and USDCAD looks to fall lower.
After creating a new yearly high at $74 per barrel, US Oil took a bit of…