Posts

Dollar to 91.200 + USDJPY Short?

Dollar to 91.200 + USDJPY Short?

, ,
The US Dollar Index continues to climb as it is up 0.47% for the day. After creating a low to start the week, the price has rallied considerably with 91.200 as the next target. This morning the US economy released its core retail sales data.…
DXY to 90.50, AUDJPY Swing Long

DXY to 90.50, AUDJPY Swing Long

, ,
After being shorted for much of the week, the US Dollar Index (DXY) is expected to retrace back to 90.50 before possibly continuing its path lower. Price action analysis of the Dollar is suggesting that the current downtrend may be put on…
Weekly Trade Recap + USDCHF Range Setup

Weekly Trade Recap + USDCHF Range Setup

, ,
Another eventful trading week of 2021 is in the books. With numerous high-impact news releases, there was an abundance of viable trade setups for traders to take. A pair that was particularly popular among price action and smart money traders,…
Dollar Fails to Hit 91.00 + Weekly Fundamental Outlook

Dollar Fails to Hit 91.00 + Weekly Fundamental Outlook

, ,
Last Friday's fundamental news has put a damper on the Dollar's recent attempts to attain 91.00. With a week full of fundamental news, this could be the week that the Dollar finally pushes through or reverts back to the downside. Today is…
USDCHF and USDJPY Profits + Dollar At Crossroads

USDCHF and USDJPY Profits + Dollar At Crossroads

, ,
The US Dollar spent much of yesterday selling off and as a result trades for USDJPY and USDCHF raked in decent profits for traders. As of right now, the Dollar is at crossroads in deciding which direction it wants to go. Price action analysis…
USDJPY Shorts + US Oil Swing Long

USDJPY Shorts + US Oil Swing Long

, ,
The US Dollar Index (DXY) failed to make a rally to 91.00 and instead is showing signs of bearishness. Traders should look for potential USDJPY shorts and US Oil longs to take advantage of the current situation. Price action traders have…
EURNZD Short Continuation + DXY to 91?

EURNZD Short Continuation + DXY to 91?

, ,
Over the weekend, the US Dollar Index (DXY) continued its rally as price made a push to 91.00. This key level may be used as a resistance, so traders are advised to focus on the minors until more information is available. One minor that may…
Weekly Trade Recap + AUDNZD Swing Trade for Next Week!

Weekly Trade Recap + AUDNZD Swing Trade for Next Week!

, ,
In 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

USDJPY Profits + EURJPY Intraday Short

, ,
In 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…
Forex US Election Prediction and Analysis

Forex US Election Prediction and Analysis

, ,
In today's live trading session, we gave our insight into how tomorrow's US Election will affect the Forex market. Although national polls show Joe Biden as the favorite to win the election, many speculators are giving Donald Trump a punchers…