Posts
DXY Fighting to 90.72 + Major Shorts
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe last week of January is upon us, and this week in contrast to previous weeks is rather calm in terms of fundamental news. This week may help traders end the first month of 2021 on a good note.
Aside from the FOMC rate decision on Wednesday,…
Dollar Fails to Hit 91.00 + Weekly Fundamental Outlook
Forex Trading Analysis, Live Trading Room, Technical AnalysisLast Friday's fundamental news has put a damper on the Dollar's recent attempts to attain 91.00. With a week full of fundamental news, this could be the week that the Dollar finally pushes through or reverts back to the downside.
Today is…
COT Report Hints Bullish Euro and Bearish Dollar
Forex Trading Analysis, Live Trading Room, Technical AnalysisIn today's live trading session, we determined the bias for many of the major and minor currency pairs. This was achieved by first analyzing the US Dollar Index (DXY) and then looking at the rest of the Forex pairs.
After analyzing the US…