Posts
NZDJPY Longs + BTC Has Hit 40,000!
Forex Trading Analysis, Live Trading Room, Technical AnalysisThis morning the US Dollar Index (DXY) has created a new high for the year near 90.00. Some of this can be attributed to the chaos that occurred at the Capitol. Also, Donald Trump has conceded the 2020 election this morning which may also have…
AUDUSD and NZDUSD Long Trade Setups + BTC to 40,000
Forex Trading Analysis, Live Trading Room, Technical AnalysisThis morning's ADP job numbers came out worse than expected at 123,000 jobs lost in comparison to the addition of 60,000 jobs. But, that did not stop the US Dollar from making a brief rally to the upside.
After the initial rally, the DXY…
US Dollar Headed Lower + AUDUSD Surges in Profit
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe last official trading day of 2020 is in the books. The markets were still fairly active on the last day as the US Dollar Index (DXY) continues its selloff.
As predicated by price action and smart money analysis, the DXY is set to continue…
DXY to 91.00 and Majors Look to Short
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe US Dollar Index (DXY) is not done just yet as the index has hopes of going higher. As a result, many of the major currency pairs are projecting potential short-term shorts.
After revisiting 90.50 yesterday, the DXY has found itself on…
Knowing When to Exit a Trade + Profit Recap
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe last full trading week of 2020 is finally in the books. Many traders were able to secure a good deal amount of profit all thanks to the rapid depreciation in the Dollar. Trade setups for EURUSD and AUDUSD seemed to be the most popular among…
DXY Ranging + Pending Breakouts for EURUSD & NZDUSD
Forex Trading Analysis, Live Trading Room, Technical Analysis, UncategorisedThe first trading day of the week is in the books. This Monday morning the US Dollar Index (DXY) has been stuck in a range, and pairs such as EURUSD and NZDUSD are developing setups.
Traders are finding DXY ranging between 90.50 and 91.25.…
DXY Bullish in the Short Term + EURUSD Short?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the US Dollar Index (DXY) and why we may look at shorting EURUSD.
During yesterday's session, we believed that the DXY will eventually get down to last week's low of 90.52. However, the Dollar…
Weekly Trade Recap + AUDNZD Swing Trade for Next Week!
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the trades we took this week and the AUDNZD swing trade we have planned for next week.
This week we focused on EURUSD, AUDUSD, NZDCAD, EURNZD, and CADJPY. We were able to enter EURNZD, NZDCAD,…
USDJPY Profits + EURJPY Intraday Short
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the current status of our USDJPY trade idea. We then found a possible entry for EURJPY.
During yesterday's session, we discussed the possibility of the DXY selling off to 92.19. The index has…
AUDUSD and NZDJPY Long Trade Ideas!
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over possible trade ideas for AUDUSD and NZDJPY.
This morning the US Dollar Index continued its selloff to 92.50. This move may be attributed to Moderna announcing their vaccine being 94.5% effective…