Posts
Currency Strategies + Crypto Bears Still Shredding
Forex Trading Analysis, Live Trading Room, Technical AnalysisToday’s currency strategies are influenced by Federal Chair Powell’s testimony, which had little effect on the Dollar Index price. We will wait for the Core CPI , which is our next catalyst tomorrow morning at 8:30am EST. In today’s session,…
BTC Reversal + DXY Bulls Still in the Game
Forex Trading Analysis, Live Trading Room, Technical AnalysisA BTC reversal could be on the way. We continue to reach our targets in the Bear Crypto market, and have been selling BTCUSD all the way down since November 28th. We have finally reached a draw on liquidity for BTC, and will be sitting on our…
Trade Signal Profits + All BTCUSD & USOIL Targets Hit Again
Forex Trading Analysis, Live Trading Room, Technical AnalysisTrade signal profits were reached this morning on GBPCAD, delivering +3.78R return. Full details on these, and other trade signal profits can be found within the portal.
As we continue to hit Smart Money targets daily for Bitcoin and Oil, we…
All BTCUSD & USOIL Targets Hit + DXY Still Teetering
Forex Trading Analysis, Live Trading Room, Technical AnalysisAll BTCUSD targets were reached yesterday, right down to our lowest target. In addition, USOIL also hit our targets from yesterday.
Yesterdays, FOMC minutes seemed hawkish but didn't do much to move price out of range, as the big magnet is…
DXY Pairs Consolidating + Ranges Spotted for NFP Friday
Forex Trading Analysis, Live Trading Room, Technical AnalysisNew variants are still popping up around the world. ADP comes out double than expected at $800k plus a sure hint for Friday. DXY and EURUSD are in consolidation until Friday NFP. Yesterday GOLD targets have been hit! BTCUSD is still in bearish…
Gold & Crypto to Drop + DXY Remains Bullish
Forex Trading Analysis, Live Trading Room, Technical AnalysisSurprise NFP data reporting was less than expected for US Employment Change, most notably was that the jobless rate data came in less than forecast at 4.2 to help balance things out. Despite this, we are sticking with our price narrative that…
USDJPY Intraday Short + US Oil in Deep Profits
Forex Trading Analysis, Live Trading Room, Technical AnalysisAs expected, the US Dollar Index has found itself below 91.000. If the daily can close below this level, traders may see further Dollar weakness.
After last Friday's bullish NFP results, the Dollar has continued its selloff. Price made a…
US Oil Swing Trade in Profit + Dollar Falls on NFP
Forex Trading Analysis, Live Trading Room, Technical AnalysisToday's Non-Farm Payroll release did not disappoint as the US Economy was able to add 49,000 jobs and drop unemployment to 6.3%. Despite the positive result, the Dollar finds itself down -0.57% for the day.
Traders should not put too much…
GBPUSD Profits + US Oil Long in Profit
Forex Trading Analysis, Live Trading Room, Technical AnalysisAfter breaching 91.00, the DXY had a hard time going any higher than 91.20. With this brief moment of weakness, trade setups for GBPUSD and US Oil were able to move into profit.
Price action analysis for GBPUSD showed a potential rally back…
GBPUSD Intraday Long + US Oil Swing Entered
Forex Trading Analysis, Live Trading Room, Technical AnalysisThe Dollar is trying to muscle its way through previous highs but is having a hard time at 91.200. This was the previous high made before 2020 ended. As it struggles, certain pairs and commodities are gearing up for moves to the upside.
There…