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Bitcoin Trade Hits Intrday Target + AUDUSD Shorts in Profit

Bitcoin Trade Hits Intrday Target + AUDUSD Shorts in Profit

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Price action traders are enjoying swift profits from their Bitcoin trade as their AUDUSD trade was from last week goes into profit. Yesterday, Bitcoin printed a bullish hammer off support near $31,500. This candle is known to hint at further…
Dollar Fails to Clear 92.750 + USDCHF Shorts to 0.90000

Dollar Fails to Clear 92.750 + USDCHF Shorts to 0.90000

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After 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

US Dollar to 92.750 with USDJPY Looking to Push Higher

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The 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…
Dollar Facing Pressure From Bears + AUDUSD Swing Shorts

Dollar Facing Pressure From Bears + AUDUSD Swing Shorts

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Dollar 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…
NZDUSD Hits Final Target + Dollar Resumes Path to 93.430

NZDUSD Hits Final Target + Dollar Resumes Path to 93.430

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Price action traders are enjoying their longs for NZDUSD as the price has hit all respective targets. More moves are on the way in the market as the Dollar is ready to push to 93.430. Last Friday, price action traders witnessed a bullish…
Forex Major Longs as Dollar Looks to Revisit 92.00

Forex Major Longs as Dollar Looks to Revisit 92.00

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Traders 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…
CADCHF Trade in Profit + Gold Reaches 1750

CADCHF Trade in Profit + Gold Reaches 1750

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After 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…
Dollar Uptrend Back in Play +Gold Shorts To Resume

Dollar Uptrend Back in Play +Gold Shorts To Resume

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The Dollar has spent the last few days struggling to move, but it is ready to make its next move higher. Gold bears are also looking to pile on and take the precious metal lower. After dropping to create a new quarterly low, the US Dollar…
US Oil Longs and USDCAD Shorts For Next Week

US Oil Longs and USDCAD Shorts For Next Week

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After 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…
USDCAD Trade in Profit + Bitcoin and Cryptos Show Sign of Life

USDCAD Trade in Profit + Bitcoin and Cryptos Show Sign of Life

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Price action traders are enjoying profits made from shorting USDCAD and bulls are starting to show some fight in the crypto market. After determining a bearish bias for the Dollar yesterday, price action traders entered short for USDCAD.…