Posts
NZDJPY Longs + BTC Has Hit 40,000!
Forex Trading Analysis, Live Trading Room, Technical AnalysisThis morning the US Dollar Index (DXY) has created a new high for the year near 90.00. Some of this can be attributed to the chaos that occurred at the Capitol. Also, Donald Trump has conceded the 2020 election this morning which may also have…
DXY to 91.00 and Majors Look to Short
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe US Dollar Index (DXY) is not done just yet as the index has hopes of going higher. As a result, many of the major currency pairs are projecting potential short-term shorts.
After revisiting 90.50 yesterday, the DXY has found itself on…
EURUSD and AUDUSD Profits + DXY to 88.75
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe US Dollar Index (DXY) is wasting no time to reach 2018's low as sellers continue to pressure the Dollar to go lower. Today many of the majors have extended their gains against the Dollar, with some being up +0.62% up for the day.
EURUSD…
EURUSD Swing in Profit + AUDUSD Ready to Enter
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the status of our EURUSD swing trade, and then we discussed our pending AUDUSD trade idea.
During yesterday's live session, we describe why we believe EURUSD will rally to new highs for the year.…
EURNZD Trade Update + CADJPY Possible Short?
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the current status of our EURNZD trade. We then discussed a possible short for CADJPY.
During yesterday's live session, we broke down our swing trade for EURNZD. This idea is based on the weekly…
AUDNZD and EURNZD Shorts are Almost Ready!
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the status of our pending trade setups for EURNZD and AUDNZD.
In yesterday's live session we discussed the possibility of either going long or short for EURNZD, depending on what price action…
NZDCHF and EURNZD Trade Ideas
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the incoming consolidation for the US Dollar. We then found two trade ideas for NZDCHF and EURNZD.
We expect the US Dollar to consolidate from today until Thursday afternoon. For one, we have…
Pfizer Vaccine Revives US Dollar
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the current status of the US Dollar Index (DXY) and the Forex majors.
Last week the media announced that Joe Biden had won the 2020 US Election. This announcement resulted in the selling of the…
Forex US Election Analysis - Biden Heavy Favorite in the Markets
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we provided updates about the ongoing election and its effects on the Forex markets.
Even two days after election day, the United States has yet to crown a new president. As it stands right now, Joe Biden…
Forex Markets Await US Election Winner
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we went over the ongoing presidential election and the reactions that have occurred in the Forex market.
Unfortunately, a winner of the US election has not been crowned yet. It is still a tight race between…