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Dollar Bullish Heading into October + Pending Swing Shorts for EURUSD

Dollar Bullish Heading into October + Pending Swing Shorts for EURUSD

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The Dollar is thriving as price breaks this year's high and is set to close bullish on the monthly time frame. As a result, a possible swing trade for EURUSD has become available. With only a few days remaining in September, the Dollar is…
Pending Swing Trade for US Oil + US Dollar Neutral as Bulls and Bears Fight

Pending Swing Trade for US Oil + US Dollar Neutral as Bulls and Bears Fight

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Crude oil prices are looking to edge higher as bulls erase the previous move created by bears in the market. Meanwhile, the US Dollar is stuck as a tug-of-war occurs in the market. After attaining the yearly high of $77 per barrel, Oil had…
Dollar Surges as Fed Hints at Further Rate Hikes Until 2024

Dollar Surges as Fed Hints at Further Rate Hikes Until 2024

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This afternoon's FOMC rate statement and economic projection presser resulted in a bullish response for the Dollar as further rate hikes are likely until 2024. The Federal Reserve discussed the possibility of 6 to 7 interest rate hikes until…
Forex Major Shorts as US Dollar Index Rebounds from 93.170

Forex Major Shorts as US Dollar Index Rebounds from 93.170

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Traders can look to possibly short the Forex majors as the Dollar rebounds from the key level of 93.170 a day before the FOMC press conference. After attaining 93.430, the US Dollar completed a pullback to 93.170. This was level was an important…
DXY Pushes Higher on Positive Sales Data + Pending Shorts for AUDUSD

DXY Pushes Higher on Positive Sales Data + Pending Shorts for AUDUSD

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Dollar bulls are thriving today after the US printed stellar sales data during the New York trading session. With that in mind, traders are looking to short AUDUSD as the price breaks its range lows. This morning's sales data came out at…
+230 Pips from Oil Longs + Bitcoin Bulls Set to Rally to $50,000

+230 Pips from Oil Longs + Bitcoin Bulls Set to Rally to $50,000

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Price action traders are up +230 pips of profit for crude oil as price begins a new rally after a period of consolidation. Meanwhile, Bitcoin has begun a bullish rally as price charges to $50,000. The yearly high for crude oil is at $77 per…
USDCHF Intraday Profits + AUDJPY Shorts Entered

USDCHF Intraday Profits + AUDJPY Shorts Entered

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Traders who took intraday shorts for USDCHF yesterday are in profit as the price looks to revisit the range low. To finish off the week, traders are now looking to short AUDJPY. Price action analysis completed on USDCHF indicated that price…
Dollar Index Rejects Zone Near 92.750 + Intraday Shorts for USDCHF

Dollar Index Rejects Zone Near 92.750 + Intraday Shorts for USDCHF

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As predicted by price action, the Dollar made a quick rally to 92.750. However, the price is looking to reject this zone and head lower. Traders are now seeking intraday shorts for USDCHF. Dollar bulls made a statement yesterday as bulls…
Bitcoin Plunges on El Salvador Adoption + Dollar En Route to 92.750

Bitcoin Plunges on El Salvador Adoption + Dollar En Route to 92.750

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After a bullish weekend, Bitcoin dropped as low as 17% today in light of the news from El Salvador. Meanwhile, Dollar bulls look to push price back to 92.750. El Salvador has just become the first country to be the legal tender of Bitcoin.…
Bitcoin Turns Bullish as Summer Ends + Dollar Turns Bearish Before NFP

Bitcoin Turns Bullish as Summer Ends + Dollar Turns Bearish Before NFP

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After a down summer, Bitcoin is looking to end summer on a bullish note. Meanwhile, a day before the NFP release, the Dollar is looking bearish despite positive forecasts. Bitcoin has started September on a positive foot as the price looks…