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Dollar Bulls Try to Push Higher + US Oil Long Trade Setup
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter bears took the Dollar past below 92.750, bulls in the market are trying to respond. Meanwhile, US Oil (Crude) prices look to rebound higher back to the yearly high.
The Dollar suffered immense bearish pressure during the London session…
Dollar Looks to find Support at 92.750 + BTCUSD Intraday Shorts to 30,000
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe Dollar is facing heavy pressure from bears after creating a new high for the week. Meanwhile, Bitcoin has made an impulse move higher that may provide traders with shorts back down to 30,000.
After creating a new high near 93.200, the…
AUDUSD Continues to Fall as NZDUSD Shorts Gear for Entry
Forex Trading Analysis, Live Trading Room, Technical AnalysisAs the Dollar continues its bullish rally, AUDUSD continues to slip further into profit. Additionally, NZDUSD is also gearing up for it's own move lower.
The US Dollar Index (DXY) has continued its uptrend as the price has made a new high…
+100 Pips from AUDUSD and AUDJPY Shorts are Pending
Forex Trading Analysis, Live Trading Room, Technical AnalysisPrice action traders are up +100 pips on their AUDUSD shorts and now they have their eyes set on possible shorts for AUDJPY.
After spending six days in consolidation, traders are finally seeing AUDUSD head to the downside. Price had a brief…
Positive Retail Sales Data Boosts Dollar and AUDUSD Hits First Target
Forex Trading Analysis, Live Trading Room, Technical AnalysisToday's US core retail sales data gave the Dollar a much-needed boost and many majors such as AUDUSD are heading lower as a result.
This morning's core retail sales came out at 1.3% versus the forecast of 0.4%. The sales data came out at…
Bitcoin Trade Hits Intrday Target + AUDUSD Shorts in Profit
Forex Trading Analysis, Live Trading Room, Technical AnalysisPrice 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
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter 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)…
USDCAD Looks to Head Lower and US Oil Targets Yearly High
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe Dollar is looking bearish to start the week and as a result, USDCAD is also looking to head lower. Conversely, US Oil is gearing up for a rally to this year's high.
Traders should expect the Dollar to revisit 92.00 at some point this…
US Oil Eyes 70.00 Per Barrel + USDCAD Long Trade Setup
Forex Trading Analysis, Live Trading Room, Technical AnalysisCrude oil (US Oil) prices are down 2.50% for the day as bears look to visit $70 per barrel. Conversely, USDCAD is looking to push higher as Dollar bulls pick up momentum.
After attaining $77 per barrel, bears were able to take price in a…
NZDUSD Hits Final Target + Dollar Resumes Path to 93.430
Forex Trading Analysis, Live Trading Room, Technical AnalysisPrice 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…