Posts

Forex Major Longs as Dollar Looks to Revisit 92.00

Forex Major Longs as Dollar Looks to Revisit 92.00

, ,
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…
USDJPY Swing Longs as Dollar Bulls Surge Price Higher

USDJPY Swing Longs as Dollar Bulls Surge Price Higher

, ,
Traders can look for USDJPY to push a considerable amount higher as the US Dollar Index (DXY) get's ready to take out this year's high. After spending a few days in a range, the US Dollar is ready for its next leg up. Today the DXY was able…
CADCHF Trade in Profit + Gold Reaches 1750

CADCHF Trade in Profit + Gold Reaches 1750

, ,
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

, ,
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

, ,
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

, ,
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.…
USDCAD Shorts As Dollar Bears Gain Momentum

USDCAD Shorts As Dollar Bears Gain Momentum

, ,
After last week's rally by the bulls, bears are having one of their own for the Dollar. With that in mind, traders could see USDCAD head lower on an intraday level. Yesterday bears were able to take the US Dollar Index (DXY) back to last…
US DOLLAR SLIPS LOWER + CRYPTOS FACE PRESSURE FROM BEARS

US Dollar Slips Lower + Cryptos Face Pressure From Bears

, ,
After a dominant showing last week, the US Dollar Index (DXY) opens up the week with serious pressure applied by the bears. On the other hand, crypto markets continue to see major shorts as cryptos go on to make new lows. After a slow start…
US Dollar to 93.400 + Gold and AUDUSD Shorts for Next Week

US Dollar to 93.400 + Gold and AUDUSD Shorts for Next Week

, ,
Today marks the third straight bullish day for the US Dollar Index (DXY) suggesting the price is officially reversing higher. As a result, both Gold and AUDUSD shorts should be explored next week. After spending almost the past two months…
Gold Trade Up +400 Pips as Dollar Bulls Pile On

Gold Trade Up +400 Pips as Dollar Bulls Pile On

, ,
Price action traders are enjoying Gold shorts as the price has taken a deep dive this week after Dollar bulls have pushed the US Dollar Index (DXY) to new quarterly highs. Price action analysis completed yesterday on Gold provided a possible…