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Dollar to Visit 90.00 + Cryptos in Bear Market?

Dollar to Visit 90.00 + Cryptos in Bear Market?

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The Dollar is looking to revisit the key 90.00 psychological level as bears take control once again. In comparison, the crypto market is also shifting into a bear phase as Bitcoin drops below 45,000 for the first time in months. After last…
Dollar Bears are Back, Bitcoin and Ethereum Longs Entered

Dollar Bears are Back, Bitcoin and Ethereum Longs Entered

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After spending most of the week (except for Wednesday) stuck in a slumber, the US Dollar has woken up on the last trading day of the week. Meanwhile, the crypto markets are showing signs of bullishness after a slow start to May. The daily…
Dollar Stuck Below 90.850 + Bitcoin Lies Below 50,000

Dollar Stuck Below 90.850 + Bitcoin Lies Below 50,000

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After yesterday's positive CPI news, the US Dollar Index (DXY) has found itself stuck below 90.850. Additionally, the crypto markets are also in a slumber as Bitcoin finds itself below 50,000. The Dollar had a great trading day yesterday…
DXY Consolidates, Push Needed for AUDUSD and Gold Longs

DXY Consolidates, Push Needed for AUDUSD and Gold Longs

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As the trading week progresses, the US Dollar Index (DXY) is finding itself some support at 90.00. Pending trade setups for AUDUSD and Gold will only become active once the Dollar pushes below this level and respects the long-term downtrend. Although…
DXY at 90.00 + USDCAD and USDJPY Shorts Pending

DXY at 90.00 + USDCAD and USDJPY Shorts Pending

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The US Dollar Index (DXY) has officially reached 90.00 which was the low made to start the new year. With further bearishness expected, traders can expect both USDCAD and USDJPY to push lower. Since May of this year, the Dollar has begun…
Gold Trade in Profit After Lackluster NFP Job Numbers

Gold Trade in Profit After Lackluster NFP Job Numbers

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Today's Non-Farm Payroll (NFP) job numbers were certainly worse than anticipated and the US Dollar Index (DXY) has shown that on the charts. With technical and fundamental pressure from bears, we expect a weaker Dollar in the coming weeks and…
US Oil Ready to Push Higher as Dollar Stagnates

US Oil Ready to Push Higher as Dollar Stagnates

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Another day in the markets and another day the US Dollar Index is stuck in a range. While the Dollar decides on a direction, US Oil (Crude) is set to make a run at the high of the year. There are days and even weeks at a time where the Dollar…
DXY Bulls Take Charge + Major Shorts for Next Week?

DXY Bulls Take Charge + Major Shorts for Next Week?

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After starting the week off on a bearish note, the US Dollar Index is up 0.72% for the day with more upside on the way. This should provide short opportunities for the Forex majors next week. Typically huge movements in the Dollar are seen…
Gold and Ethereum Longs With Dollar Stuck in a Limbo

Gold and Ethereum Longs With Dollar Stuck in a Limbo

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After retesting and rejecting the previous low of 90.700, the US Dollar Index (DXY) is set to head lower. As a result, the majors, as well as commodities like Gold and Ethereum, should gain on the Dollar. Although the US Dollar is headed…
Bitcoin and Ethereum Set to Move Higher as Dollar Moves Lower

Bitcoin and Ethereum Set to Move Higher as Dollar Moves Lower

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The Dollar had one more retracement left in its tank as the price was able to stay above 90.850. Further downside is expected, however, and both Bitcoin and Ethereum look to resume their uptrends. After yesterday's rejection of 90.850, it…