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Dollar Dives on Poor ADP Report + Pending Long for GBPUSD
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter brief bullishness yesterday, the US Dollar is headed lower after a poor ADP job report. As a result, traders can look for potential longs for GBPUSD.
Today's ADP job released reported only 374,000 jobs added versus the forecast of …
USDCAD Longs as Dollar Bulls Attempt a Rally at 92.850
Forex Trading Analysis, Live Trading Room, Technical AnalysisPrice action traders are entering long for USDCAD as Dollar bulls remerge after a week of battling bearish pressure. This bullish presence is prominent even after today's bearish GDP data.
After a sharp slump lower, USDCAD bulls are starting…
GBPUSD and NZDUSD Longs as the Dollar Plans to Revisit 92.850
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter a bullish trend last week, the US Dollar is presenting a more bearish stance to end off the month. As a result, our traders are hunting longs for GBPUSD and NZDUSD.
The US Dollar Index (DXY) is once again bearish this summer after the…
Profits from our Solana, Matic, and Ripple (Using Smart Money)
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter a bearish month in July for many of the popular cryptocurrencies, the month of August presented several long trade setups for crypto traders. Many of these setups were identified by our traders using Smart Money and other forms of technical…
AUDJPY Trade in +100 Pips of Profit, Dollar Creates New Yearly High
Forex Trading Analysis, Live Trading Room, Technical AnalysisPrice action traders are enjoying their AUDJPY shorts as price dives deep into profit. Meanwhile, Dollar bulls tear through the previous yearly high to establish a new high for the year.
After a few days of consolidation, AUDJPY has finally…
Dollar Struggles at July's High + NZDUSD Looks to Break Key Support
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter ending last week bullish, Dollar bulls are starting to struggle at July's high. Meanwhile, NZDUSD bears are looking to push below for the first time this quarter.
The US Dollar Index (DXY) is currently having a hard time breaching and…
Dollar Rallies After Poor Sales Data, AUDJPY Swing Shorts Have Been Activated
Forex Trading Analysis, Live Trading Room, Technical AnalysisDespite a poor retail sales report, the US Dollar is up 0.55% for the day. Meanwhile, a long-awaited swing short for AUDJPY has finally become valid to enter.
This morning the US economy report its retail sales data. Forecasts were bearish,…
Gold Trade up +120 Pips of Profit as Dollar Continues to Appear Bearish
Forex Trading Analysis, Live Trading Room, Technical AnalysisGold is up 0.47% to start the trading week as the precious metal respected support amid a bearish Dollar. Price action traders are up +120 pips of profit with more profits to be expected.
Last week's weekly closure for Gold was a bullish…
GBPUSD Shorts Back in Play as Dollar Pushes Higher off Key Zone
Forex Trading Analysis, Live Trading Room, Technical AnalysisPrice action traders are moments away from entering short for GBPUSD as the Dollar is on its way to make a new higher high.
It seemed highly likely yesterday that GBPUSD was ready to be sold. However, the Dollar ran under brief pressure by…
Gold and Ethereum Longs as Dollar Pullsback from 93.170
Forex Trading Analysis, Live Trading Room, Technical AnalysisGold and Ethereum prices are set to push higher as the Dollar pullback after attaining July's high. Price action traders will be looking to enter long after observing today's daily closure.
Gold had a rough start to the trading week as bears…